Condo rental prices down 1% in February All three regions posted a decline. According to SRX Private Residential Flash Report, based on the private non-landed residential rental SPI sub-index, overall rental prices in February saw a further drop of 1.0% despite a temporary rebound in January. All three regions saw negative rental price changes in February. RCRs rents were 1.9% down. Rents in the CCR and OCR regions dropped by 0.6% and 1.3% respectively. 2,442 rental contracts were signed in February, down 6.6% from January. However, on a y-o-y basis, Februarys rental volume posted a 19.1% increase from the 2,051 units leased out in the same month of last year.
Posted on: Mon, 10 Mar 2014 03:57:43 +0000