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Property market recovery seen with rate cuts
The Philippine Star
|December 17, 2024
The rate cuts delivered by the Bangko Sentral ng Pilipinas (BSP) are expected to spur the recovery of the country's property market, according to real estate brokerage firm Leechiu Property Consultants Inc. (LPC).
LPC said the BSP Monetary Board is seen further cutting interest rate cuts aimed at stimulating economic activity and driving the recovery of the Philippine property market.
It said that a strategic easing that is expected to lower rates to 4.75 percent to five percent by year end 2025 would support long-term property market growth.
Denne historien er fra December 17, 2024-utgaven av The Philippine Star.
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