Bank Negara says housing supply and demand mismatch needs to be addressed

KUALA LUMPUR: Bank Negara Malaysia (BNM) has stressed the need to look into housing issues, including dealing with the acute supply and demand mismatch in the housing market as well as improving the transparency of home prices.

Governor Tan Sri Nor Shamsiah Mohd Yunus said house ownership could not be addressed by financing alone as most housing has become too expensive for many Malaysians.