
In May, overall residential market activity slowed slightly, with total registrations falling to 7,138, a 3% m-o-m decline. This suggests a brief consolidation phase after earlier strength, rather than a sharp change in market direction.
Primary market transactions edged down to 2,410, also 3% lower m-o-m. The modest drop reflects fewer new project launches and more cautious buyer behaviour, as purchasers take longer to compare projects and evaluate pricing before making decisions. The secondary market showed a small pullback, with 4,728 registrations…
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