URA price index rebounded 0.8 per cent quarter-on-quarter after the Circuit Breaker period. A burst of home buying activities was observed across the island especially in the suburban and city fringe areas, causing a steep rebound in sales volume. Sales rose for big units while more mass-market homes were transacted at S$2 million and above. Hit by the economic slowdown and rising unemployment among foreigners here, the rental market experienced a temporary slowdown.