The 'URA Property Index QoQ Prel' in Singapore is a preliminary quarterly measure of changes in private residential property prices, compiled by the Urban Redevelopment Authority (URA). It is significant as it provides insights into the real estate market's health, influencing economic policy, investment decisions, and consumer confidence. A rising index may indicate strong demand and economic growth, while a decline could signal potential market weaknesses. This index is closely watched by investors, policymakers, and analysts to gauge the overall economic outlook and housing market trends in Singapore.
The 'URA Property Index QoQ Prel' in Singapore is a preliminary quarterly measure of changes in private residential property prices, compiled by the Urban Redevelopment Authority (URA). It is significant as it provides insights into the real estate market's health, influencing economic policy, in...