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Non-landed private residential resale prices up 0.4% in June
552 units were resold last month.
Resale prices of non-landed private residential units inched up 0.4% month-on-month in June, according to data released today by SRX Property.
Both RCR and OCR post price increases of 1.1% and 0.5%, respectively, while prices in CCR decreased by 0.8%.
Resale prices are 1.6% lower on a year-on-year basis. June 2015 prices are down 6.2% from the recent peak in January 2014.
Resale volume slipped 10% to 552 units on a month-on-month basis. On a year-on-year basis, June transaction volume is 34% higher compared with the 412 units resold in June 2014.
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