Originally Posted by
Crap
Then you are obviously missing the main aim of the article..the title reads:
September figures show continued softness in private home sales
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also improved figures??? read the next line which says...
But analysts said the pickup fell short of expectations, given the low base in August caused by the Hungry Ghost Festival.
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Positive sign?? Seen as itself, in Sept of cos its a positive sign..The impact of the stock mkt crash of Oct has yet to be seen...STI lost 40% of its value from a year back...Technical recession announced also in Oct...
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demand for public housing? of cos its still strong, the article is about private housing!!! and its going downhill...u want comments? see the few lines also from the same article..
The stock of private residential properties has been building up in the past year and was compounded by a large oversupply in September.
As buyers become more cautious in light of the economic downturn, prices are expected to fall.
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