released by the Urban Redevelopment Authority on Monday show, however, that while the overall private residential property price index rose by 1.4 per cent in the first quarter of the year, its increase had moderated slightly, at only 1.1 per cent for the second quarter of 2024.price increase of 1.3 per cent in the first half of 2024 is lower than the quarterly average price increase of 1.7 per cent in 2023 and 2.1 per cent in 2022.
The MND said in its announcement that the housing market has shown signs of stabilization, and that price momentum has eased, but added that the government is set to keep on catering to housing demand and maintain market stability.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: asiaonecom - 🏆 10. / 59 Read more »