The new private homes sales increased by 57.2 percent, from 774 new units sold in November 2020 to 1,217 new homes sold in December 2020.
The number of new homes sold was lowered then Q3 2020. A total of 3,517 new units were sold in the third quarter of 2020 and only 2,645 new private homes were sold in Q4 2020.
However, the total new units sold by private developers hit 10,024 units in the Year 2020, 1.1 percent more than the Year 2019 which sold a total of 9,912 units by the developers.