Private Home Prices increased by 0.5% in 4Q2019

4th Quarter 2019 Home Price Index

Private home prices in Singapore was revised higher to 0.5 percent quarter-on-quarter in the fourth quarter 2019 from a preliminary estimate of 0.3 percent rise and after an 1.3 percent increase in the previous period. This marked the third straight quarter of growth in private home prices, as cost of landed property rose (3.6 percent vs 1 percent in Q3). At the same time, prices of non-landed property dropped by 0.3 percent, following 1.3 percent gain in the third quarter. For the whole of 2019, prices of private home properties went up by 2.7 percent, compared to a 7.9 percent rise in 2018

Source: tradingeconomics.com

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