Singapore Q2 private home prices rise at a slower pace amid Covid-19 curbs

SINGAPORE: Singapore's private home prices increased 0.9% in the second quarter from the previous three months, slower than the two-and-a-half-year high pace in the first quarter, preliminary data showed on Thursday.

The increase, however, still marked the fifth consecutive quarterly rise. During the second quarter, Singapore re-imposed some COVID-19 curbs, the toughest since exiting a lockdown last year, to combat a spike in local infections.