Condo resale prices and sales drop in February, hurt by coronavirus outbreak: The Straits Times

February 2020 private resale residential prices and transaction volume both dipped 0.8% and 13.1% respectively when comparing to previous month, due to the covid-19 outbreak. However, this price trend was reversed with a year-on-year comparison, rising by 0.8%. Transaction volume was 10.9% higher comparing to February 2019, though still a 7.7% lower than the five-year average for February.


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