December 2022 sees 170 private new homes sold, lowest since January 2009
Developers sold just 170 new homes (excluding executive condominiums) in December 2022, a 34.6% plunge from the 260 units sold a month earlier. On a year-on-year basis, new home sales fell 73.8%. This marks the third consecutive month-on-month decline in new home sales. The lack of new private residential launches and a seasonal lull contributed […]