Private New Home Sales rebounded for the month of March 2019. A total of 1,054 units (excluding ECs) were sold by developers.

On a monthly comparison, this was a substantial 131.6% month-on-month (m-o-m) surge in the number of units that were sold as compared to February 2019.

What was the catalyst for this upturn and will this momentum propel us higher throughout 2019?

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