Singapore Home Sales Fell 52% in September Following Loan Curbs
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Singapore’s home sales fell 52 percent in September from a year ago, signaling that the government’s efforts to cool its property market are working.
Home sales fell to 1,246 units last month compared with 2,621 in September 2012, according to data from the Urban Redevelopment Authority released today. From the previous month, sales increased 65 percent from a revised 756 units sold in August as developers marketed more projects, the data showed.