Private home sales climb 30% in May | Video

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Private home sales climb 30% in May | Video

(Updated: )

Private homes climbed nearly 30 per cent month-on-month in May, but with more homes launched than sold in almost every month this year, there is now about 44,000 unsold units in the market - almost twice what is considered a healthy surplus, one analyst said. Gwyneth Teo reports.

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