URA says overall private home prices down first time since 2008

http://www.propertyguru.com.sg/property-management-news/2015/1/81030/ura-says-overall-private-home-prices-down-first-ti Property Price Index of residential properties Private home prices slid by 1.1 percent in Q4, higher than the 0.7 percent drop in the quarter before, corresponding to a fifth straight quarter of price declines. In the Core Central Region (CCR), non-landed property prices decreased by 0.9 percent, more than the 0.8 percent decline in the previous quarter. As for the Outside Central Region (OCR), prices sank by 0.8 percent, significantly more than the 0.3 percent fall in the previous quarter. Read more…

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