Major gross sales momentum agency in 1Q25
Major gross sales demonstrated robust momentum in 1Q25, with 3,375 items bought, supported by six profitable new launches that noticed sturdy demand.
In the meantime, secondary gross sales recorded 3,886 items, as consumers more and more gravitated in direction of new initiatives.
Supply: URA Total, non-public residential transaction volumes totalled 7,261 items in 1Q25, sustaining stable exercise ranges regardless of a 2.3% dip from the distinctive peak in 4Q24, the best since 4Q21. Supply: URA Trying forward, CBRE initiatives new house gross sales to achieve 7,000 to eight,000 items in 2025, up from 6,469 items in 2024, pushed by declining rates of interest and a powerful pipeline of upcoming launches. Supply: URA
Personal residential costs rose 0.8% in 1Q25
The non-public residential value index elevated by 0.8% Quarter-On-Quarter (QoQ) in 1Q25, moderating from a 2.3% QoQ rise in 4Q24. Supply: URA This was in step with flash estimates launched…