Direction: Read the passage given below and answer the following questions.

Residential sales in Q2 (April-June) 2021 increased by 83 percent as compared to Q2 2020, across the top seven cities.

According to JLL's Residential Market Update - Q2 2021, released on Tuesday, sales were driven by the low base effect, less stringent lockdowns, and accelerating vaccination drives during Q2 2021, demonstrating improved resilience in the market.

By comparison, in Q1 2021, sales of residential units continued an upward trajectory, increasing by 17 percent on a sequential basis.

During the first wave of Covid-19, residential sales dropped by a record 61 percent quarter-on-quarter to 10,753 units in Q2 2020. However, the impact of the second wave has been limited with sales in Q2 2021 dipping by 23 percent to 19,635 units.

Sales of more than 45,000 residential units were recorded in H1 2021 as against 38,204 units in H1 2020, an increase of 18 percent YoY. The sustained levels of residential sales present clear signs of demand and buyer confidence coming back to the market.