Condo resale volume hits 2-year high in August: SRX


According to SRX data, more than 5000 resale condos transaction volumes were recorded in the first 8 months of this year. Analysts are expected the total resale volume for the whole year to hover around 7500 to 8000 units, which is only slightly lower than last year’s resale volume of 8949 despite the disruption caused by the pandemic. Although the resale transaction volume increased by 7% from July, prices remain relatively stable, increasing only marginally by 0.4%.

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