Q1 Residential Transaction Volume Down by Half Y-O-Y, Market Expected to Recover Lost Ground in 2H
- Written by Reporters
Upcoming Three Months Crucial to Recovery, Subject to Pandemic Control
- Impacted by the fifth wave of COVID-19, and heightened geopolitical tensions, total residential transaction activity is now estimated at 9,187 deals, down 49% y-o-y
- Overall average home prices are expected to drop 5% q-o-q in Q1, with a milder fall in the luxury...