23 Jan '15, 10am

URA says overall private home prices down first time since 2008

Prices fell across all segments of the market. In the Core Central Region (CCR), non-landed property prices decreased by 0.9 percent, more than the 0.8 percent decline in the previous quarter. Over in the Rest of Central Region (RCR), prices dropped by 1.4 percent, significantly more than the 0.4 percent dip in Q3. As for the Outside Central Region (OCR), prices sank by 0.8 percent, significantly more than the 0.3 percent fall in the previous quarter. For the whole of 2014, prices in the CCR, RCR and OCR fell by 4.1 percent, 5.3 percent and 2.2 percent respectively.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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