HDB Resale Market
HDB’s Resale Price Index (RPI) has fallen by 0.8% in 1st Quarter 2009 over the previous quarter. This comes after an increase of 1.4% in 4th Quarter 2008.
Resale transactions increased by 4.2%, from 6,186 cases in 4th Quarter 2008 to about 6,446 cases in 1st Quarter 2009. Compared to 1st Quarter 2008, the increase is slightly lower at 1.4%. [Read more…]