Residential property prices fall 4.2 pct in Q1

2016-05-18 08:00
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The average price of residential units decreased by 4.2 percent quarter-to-quarter to 72,955 patacas per square metre of usable area in the first quarter, the Statistics and Census Bureau (DSEC) announced yesterday. 

The average price of pre-sale residential units dropped by 8.9 percent to 94,165 patacas per square metre. 

The average price of existing residential units fell by 1.7 percent quarter-to-quarter to 69,825 patacas per square metre. 

Please read the full article in our print edition.

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