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New Private Home Sales Slump 42% in June

Sales of new private homes nearly halved last month from May, extending their slide as developers refrained from launching new projects during the June school holidays and as on-going housing loan curbs added to the drag on performance.

Point to ponder: Sales of new private homes slump 42% from May showing a reduction in demand of new private homes and will this trigger an adjustment to the selling price by the developers?

Today, 16 July 2015

Today, 16 July 2015

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