As investors, we would like to know whether now is a good time to purchase investment properties, or find a dwelling to build our home habitat. We want to refrain from purchasing our flats at relatively more expensive prices. So we based on what we can remember whether prices now is more expensive or less expensive than in the past. Price is not always a good gauge on their own, some other metrics such as:

1. Price to Annual Household Gross Income
2. Price as a Percentage of Annual Household Gross Income
3. Affordability of Downpayment

Still, many have recency bias. They think that they remember when prices are damn high or damn low. Sometimes, I think it is better to look at the data quantitatively. I have summarized 3 segments of housing index data, to give you a good glimpse of how Singapore housing prices have ticked up and down ......