HDB resale prices: Lowest quarterly growth since 2009 as cooling measures bite
The Resale Price Index (RPI) for the second quarter of 2013 experienced the lowest quarterly growth since the first quarter of 2009, according to Housing Board (HDB) figures released on Friday.
The RPI rose slightly by 0.5 per cent from 205.5 in the first quarter of 2013 to 206.6 in the second quarter - lower than the 1.3 per cent growth in the previous quarter.
Resale transactions increased by 21 per cent from 4,335 cases the previous quarter to 5,235 cases in the second quarter.
The numbers come after the round of cooling measures in January, which included a cap on the size of bank housing loans.