The URA’s flash estimates of the private residential property index for 4Q2011 shows a slower pace of growth in prices of such property, which has been moderating for nine consecutive quarters since 4Q2009. The private residential property index rose just 0.2% from 205.7 points in 3Q2011 to 206.2 points in 4Q2011, compared with 1.3% in the previous quarter.
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