Developers sold 42 per cent fewer private homes or 375 in June, down from 643 in May and taking the tally for the first half of the year to 3,496 – a drop of almost 21 per cent from a year ago.

150716 New home sales down 42 percent in June

Projects with the highest transaction volume in June are as following:

1)      Botanique @ Bartley with 59 units sold at a median price of $1,301 (94 units in May)

2)     Lakeville with 25 units sold at a median price of $1,320 psf (39 units in May)

3)     The Panaroma with 25 units sold at a median price of $1,231 psf (39 units in April)

4)     NorthPark Residences with 24 units sold at a median price of $1,355 (44 units in May)