Chart of the Day: Overall private residential property index up
There was a 0.4% rise in the second quarter, compared to the 0.1% fall in Q1.
The Urban Redevelopment Authority reported:
The overall private residential property index rose from 206.0 points in 1st Quarter 2012 to 206.8 points in 2nd Quarter 2012. This represents an increase of 0.4%, compared to the 0.1% decrease in the previous quarter. The pace of change in prices varied across the different market segments.