New Home Sales Up 29.5% M-O-M In May 2019: URA
New Home Sales Up. The market is showing underlying signs of strength considering the weakness in the macroeconomy. This resilience is due to pent up demand and the fact that many enbloc-cers are only starting to receive their monies from the developers. Almost $10-12 billion are expected to flow into the enbloc-cers hands in the 2nd half of 2019.
20 June 2019
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