Housing Market Heating Up, Over Half of Financial Industry: Central Bank May Intensify Regulations

Reported about 1 year ago

With the real estate market seeing increased buying activity and rising prices this year, concerns about overheating and speculation have arisen, prompting the Central Bank to issue three warnings. A survey of financial industry professionals indicated that over half of them anticipate the possibility of a sixth round of housing market regulations. The Central Bank's meeting on the 13th is expected to focus on this issue, with potential for further regulatory measures to be introduced. The market remains uncertain about the effectiveness of previous regulations and awaits further developments.

Source: YAHOO

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