RES exam question on Real Estate Market: Kumar, a salesperson, is writing a quarterly market note for his clients

Kumar, a salesperson, is writing a quarterly market note for his clients. He cites the URA Private Residential Property Price Index, a large pipeline of completions due next year and a rise in mortgage rates. His manager checks each claim before the note goes out. (i) The URA Private Residential Property Price Index is the official quarterly benchmark for private home price trends. (ii) All else equal, a large pipeline of completions tends to raise vacancy and slow the growth of rents. (iii) Higher mortgage rates raise borrowing costs, which tends to dampen demand from buyers who rely on loans. (iv) HDB resale prices are tracked by HDB's own Resale Price Index rather than by URA's private index. Which is/are correct?

1. A(i), (ii) and (iii) only
2. BAll of the above
3. C(i) and (iii) only
4. D(ii), (iii) and (iv) only