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Tag: hungry ghost month

The details on 2M Desmond Lee's Redas speech
Property News

3 months ago · 3 min read · by

Private Home Sales Fall 4.8% in August Due to Ghosts

According to URA data, private home sales fell 4.8 per cent between July and August this year. Don’t panic, the market isn’t crashing. It’s just symptomatic of the Hungry Ghost month: What happened to private home sales in August? Only 1,122 new private homes were sold in August 2019, down from 1,179 units sold in…

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