Singapore Home Sales Fell 48% in October After Loan Curbs
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Singapore’s home sales fell 48 percent in October from a year ago, signaling that the government’s efforts to cool the property market are working.
Home sales slid to 1,009 units last month compared with 1,949 in October 2012, according to data from the Urban Redevelopment Authority released today. From the previous month, sales decreased 19 percent, the data showed.