Daily Industry News Update (25 February 2022)

INDUSTRY NEWS (25 February 2022)

 Property prices not likely to ease any time soon

PROPERTY buyers and investors are advised to purchase property based on their personal needs and financial ability, as property prices are not expected to go down any time soon.

PropertyGuru: Rental demand rises as homebuyers await economic stability

A SUBSTANTIAL increase in rental demand and sluggish home seeking activities observed in the fourth quarter

Reduced fiscal support to stump growth, tighter monetary policy needed

DECLINING fiscal support, tighter monetary policy and waning pent-up demand will weigh on growth momentum in most countries, according to Moody’s Investors Service.