In August, residential sales activity eased further, with overall registrations softening to 4,019, a 10% m-o-m decline. The slower pace points to a market that is still engaged but increasingly discerning, as buyers weigh affordability, financing costs, and future price expectations more carefully.
Primary market registrations picked up to 942, an 18% m-o-m increase, supported by developer incentives, and more calibrated pricing aimed at unlocking latent demand. The secondary market, however, saw a more noticeable cooling, with registrations retreating to 3,077, a 16% m-o-m drop,…
Please click HERE to download the report.