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Private home prices rise 0.7% in Q3 2017

Posted by Vince Siow on November 2, 2017
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Private residential home

Private residential property prices increased 0.7 per cent in the three months to September from the previous quarter, rising for the first time in almost four years.

This was according to figures from the Urban Redevelopment Authority (URA) on Friday (Oct 27), with the headline number coming in slightly higher than the flash estimate released at the start of the month.

For market watchers, this marks the start of a recovery in the private home market.

Read more: http://www.straitstimes.com/business/property/private-home-prices-rise-07-in-q3-ending-almost-four-years-of-decline-ura-data

Source: The Straits Time