Home sales finally jumped 5.4% in May

After a depressing April.

Bloomberg reported that Singapore’s home sales rose 5.4 percent in May as developers marketed new projects, according to the Urban Redevelopment Authority.

Home sales rose to 1,455 units last month from 1,380 units in April, the authority said. Sales dropped 51 percent in April as developers marketed fewer projects while residential prices posted the smallest gain in three quarters.

View the full report here.

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