Calming, not collapsing housing market

Calming, not collapsing housing marketSome old assumptions no longer hold. For one thing, singles will be allowed to buy subsidised new Housing Board flats. Current policy allows them to buy only from the resale market. They get a cash grant of $15,000 from HDB if they earn $5,000 or less.See all stories on this topic » Home equity is growing as the housing market rebounds.Depending on where you own your home, it could mean that finally — after years of struggling with an underwater mortgage — the market value of your property has risen enough to put you into positive equity territory. Or closer to break-even equity ...See all stories on this topic » Steel prices down on China's property market crackdown.The price of iron ore is down to its lowest level since mid-December, on a

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