Image by falco from Pixabay

Primary residential market sales fall to a six-month low

Only 742 units were sold in August.

Despite intensified competition in the primary market, transaction volume fell to a six-month low.

In August, JLL said 742 units in the primary market were sold, but 7,600 residential units received pre-sale consent in July and August. 

Despite a decline in the primary market, the overall transaction volume of the residential market still rose in August, increasing by 5.9% MoM.
 

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