Although prices for private home prices dipped only marginally in Q2 by 1.1%, transaction volumes had decline significantly. Direct developer non-landed sales in Q2 fell by 17%, 67% and 31% in the outside central region, core central region and rest of central region respectively. Prices of landed sales also decline by only a slight 2.7% in Q2 whereas transaction volume plunged 58% by the same period.
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