A long-term overhang?

Big hit: In this file picture, crowds are seen thronging a Home Ownership Campaign in the Klang Valley. As it has been a successful one, it is hoped that it will be extended.

JUST about a week ago, the National Property Information Centre (Napic) released statistics on the performance of the property market for the first half (H1) of 2021.

While headline numbers look good, especially in terms of growth in both volume and value on a year-on-year (y-o-y) basis, a detailed analysis is always required to understand the underlying reason for the double-digit growth that was achieved.