Tag: transacted house price and living expenses
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Banks are lending MORE to the property market; 8 percent higher than 2015
Fewer people were able to borrow from banks for property purchase, true? In brief, it’s either loan approvals are down or loan rejections are rising. Perhaps quite true since total number of property transactions are down. Property transactions and price, both dropping. (Jan – Sept 2016) Overall, the total loans to the property market is…