Slowdown in property loans but demand still strong for cheaper homes


THE slowdown in the local property market saw loans approved to the sector last year drop marginally.

According to National Property Information Centre’s (Napic) 2015 Property Market Report, total loans to the property sector grew 2.6% during the quarter ended December 2015, a drop from the 4.3% in the previous corresponding period.

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Business , Property , loan , NAPIC

   

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