Mass market home prices predicted to inch 1% higher in 4Q

As developers adjust new price tags.

According to Knight Frank, mass market home price could moderate with slight increase of around 0.5% to 1% q-o-q in the last quarter of the year, as developers adjust new sale prices to boost sales performance.

Here's more:

Looking ahead towards the last quarter this year, further price moderation is expected in the high-end segment with 0.3% to 0.5% price decrease.

RCR could see an uptick in private home prices with modest price increase of about 0.2% q-o-q, in view of upcoming new project launches at good locations.

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