Singapore home sales increased to the highest level since May 2014, the Urban Redevelopment Authority said Friday.
Home sales totaled 1,124 units in April, the highest since May 2014, compared to 613 units sold in March. Sales surged around 83 percent from March.
In 2014, home prices declined 4 percent. This was the first full year decline since 2008. The government has initiated various measures to tackle overheating in the property market.
The material has been provided by InstaForex Company – www.instaforex.com