Singapore November Home Sales Decline to Lowest in 11 Months
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Singapore home sales fell 44 percent in November from October, the lowest in 11 months, as developers slowed project sales ahead of the holiday season.
Home sales last month slid to 1,087 units from 1,948 units in October, according to data released by the Urban Redevelopment Authority today. Singapore home prices reached a record high in the third quarter amid low interest rates, raising concerns of a housing bubble.