‘Realistic’ prices drive home sales

‘Realistic’ prices drive home sales
 
FOR nine months over an unfolding global credit crunch, developers here held back from pushing out condominiums and houses into the market. Homebuyers found little variety in the showrooms.
 
But when the supply gate was unlatched in June, interest poured back in — especially into the mass-market segment — resulting in a [...]

Private property sales jumped 52.6% last month

Private property sales jumped 52.6% last month
 
Judging by home sales for May, the worst may be over for the private residential market.
 
But analysts aren’t counting the chickens just yet.
 
The private residential market may have seen the worst for the year.
 
The number of private residential units sold in the month of May was up by 52 [...]