Economics
Singapore Home Sales More Than Double as Strict Lockdown Eased
- New unit sales jump to 998 in June, from 487 in May, data show
- First-home buyers taking advantage of price drop boost demand
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Singapore home sales more than doubled in June as buyers flocked back to the market following the end of a two-month lockdown.
The number of new units sold rose to 998 last month from 487 in May, according to Urban Redevelopment Authority data released Wednesday. That’s the most since November and up from a near six-year low of just 277 in April.