Market Pulse Ep 2 : HDB Resale Market Performance Q2 2020

HDB resale market avoided a major price correction amid the pandemic and macroeconomic shocks. Resale volume plummeted 41.9 per cent quarter-on-quarter to 3,426 units, the lowest quarterly sales since 2007. Sales volume in non-mature estates fell by a larger magnitude when compared to mature estates in Q2 2020. Overall prices may trend between -2 and 1 per cent for the whole of this year

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