Although HDB resale prices slipped by a marginal 0.3% in the second quarter of this year, it is the fall in the total number of resale transactions that stood out. There was a nearly 10% decrease in the total number of resale transactions in 2Q2026 compared to a year ago. A notable drop in the number of young buyers in the HDB resale market was one of the reasons cited in a market report by Realion (OrangeTee & ETC), which was published on July 6. Christine Sun, chief researcher & strategist, points out that the HDB resale market is highly influenced by domestic economic factors like employment and income growth. So, even though data from the Ministry of Manpower shows that the overall labour market conditions stayed resilient, total employment growth slowed and retrenchments rose in the first quarter of this year. Sun adds that the dimmer job market and hiring outlook may have prompted buyers to exercise greater caution, resulting in fewer transactions and price falls....