Thursday, August 14, 2014

Interesting information on private property prices

Today's Business Times has an article on OCR and CCR private residential properties' largest gains and largest losses, you can see at this URL:


I find the information very interesting, and I just summarize below:
(1) For CCR biggest absolute quantum gain, the % gain are: 35, 23, 15, 22, 9. (Average = +20.8%).

(2) For CCR biggest absolute quantum loss, the % loss are: -21, -7, -13, -23, -23. (Average = -17.4%).

(3) For OCR biggest absolute quantum gain, the % gain are: 54, 46, 41, 47, 40 (Average = +45.6%).

(4) For OCR biggest absolute quantum loss, the % loss are: -11, -4, -1, -0.3 (Average = -4.075%).

So, the above correlates with what I observed and mentioned previously that CCR private properties have risen the least and dropped the most, while OCR private properties have risen the most and dropped the least as of now!

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