Is home prices slump close to ending?
Home prices have been dropping for 15 straight years.
Bloomberg Markets reported that Singapore home prices have ground steadily lower since reaching a record in 2013, when the government imposed the last of a slew of measures to cool a red-hot market.
Authorities in the Southeast Asian island-state loosened some of those restrictions in March, raising speculation that the end was nigh for the cooling measures -- and those falling prices. Transaction volumes have certainly perked up and real estate shares are on a tear.
Check out Bloomberg Market's property Q&A here to know if the slump in property prices is close to an end.