June resale prices up 0.2%, volumes down 25.5 %
June is the usual low season because of the school holidays; World Cup a possible factor, says one analyst
Singapore
RESALE prices of non-landed homes in June crept up just 0.2 per cent from the previous month as volumes plunged 25.5 per cent, going by the latest flash estimates by real estate portal SRX Property.
Compared to May, the Core Central region (CCR) and Outside Central Region (OCR) recorded a price increase of 0.1 per cent and 0.4 per cent respectively, while Rest of Central Region (RCR) prices remained unchanged.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co