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Residential property market upturn imminent

Residential property market upturn imminent

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The almost decade-long duration of ultra-low rates of interest considering that the 2008 economic situation was a crucial motorist of the durable recovery in the real estate market. With the US economic climate charting a firm healing, the Federal Book has actually started a tightening up cycle. Participants expect the Fed funds rate to climb to 3 percent by 2019, from one percent presently. Offered Singapore's option of the exchange rate as its monetary plan tool, domestic interest rates such as Sibor and SOR will certainly climb in lock-step. With greater rates in advance, need from home customers will be adversely impacted.


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