Housing market · Singapore
Singapore URA Property Index QoQ Prel
The Singapore URA Property Index QoQ Prel tracks the housing market of Singapore: house prices, building permits and starts, home sales, builders' confidence or mortgage demand.
- Importance
- Low
- Released
- Quarterly
- Currency
- SGD · Singapore dollar
- Central bank
- The Monetary Authority of Singapore
Latest figures
The latest release for Q3, published on 1 October 2026, came in at 1.4%, up from 0.5% the time before.
Over the last 8 releases it ranged from 0.3% to 2.3%, averaging 0.9%; it has been rising for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 1 Oct 2026 | Q3 | 1.4% | – | 0.5% |
| 1 Jul 2026 | Q2 | 0.5% | – | 0.9% |
| 1 Apr 2026 | Q1 | 0.3% | – | 0.6% |
| 2 Jan 2026 | Q4 | 0.7% | – | 0.9% |
| 1 Oct 2025 | Q3 | 1.2% | – | 1% |
| 1 Jul 2025 | Q2 | 0.5% | – | 0.8% |
| 1 Apr 2025 | Q1 | 0.6% | – | 2.3% |
| 2 Jan 2025 | Q4 | 2.3% | – | -0.7% |
Why it matters
Housing is the main channel through which interest rates reach the economy: higher mortgage rates cool sales and building first. Home prices drive household wealth and confidence, and in some countries (Australia, Canada, New Zealand, the UK) housing figures weigh heavily on central-bank decisions.
How it is calculated
Prices come from repeat sales of the same homes (Case-Shiller), mortgage-lender data (Nationwide, Halifax) or official registries; permits and starts from local authorities; sales from estate-agent associations; mortgage applications from lenders' weekly surveys.
What changes mean
- Permits lead starts, which lead construction activity by months.
- Falling sales with stable prices is the usual first stage of a cooling market.
- Mortgage applications react within weeks to changes in mortgage rates.
Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the Singapore dollar and local stocks, and can push bond yields up.
Lower than expected: A weaker figure than expected points to slowing activity: the Singapore dollar tends to soften and markets price in lower rates.
A short history
Karl Case and Robert Shiller built their repeat-sales home price index in the 1980s; the 2006–2009 US housing collapse made housing data central to market analysis.
MAS steers the Singapore dollar's exchange rate rather than an interest rate.
Questions
What is the Singapore URA Property Index QoQ Prel?
The Singapore URA Property Index QoQ Prel tracks the housing market of Singapore: house prices, building permits and starts, home sales, builders' confidence or mortgage demand.
What was the latest Singapore URA Property Index QoQ Prel?
1.4% for Q3, published on 1 October 2026.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.