In November, private home sales increased significantly because of interest rate cuts and a rise in new home launches
Cuts in interest rates, together with a record-breaking six new private residential launches that were announced in November, have sent developers’ sales surging to 2,557 units, the highest monthly total since the time 2,793 units were sold in March 2013. According to the Urban Redevelopment Authority, data released on December 16, this represented an increase … Read more