MANILA, Philippines — Home prices in the Philippines climbed in the second quarter, though at their weakest pace in more than a year. An oversupply of condominium units has weighed on the housing market, prompting developers to offer steep discounts.
As a result, the slower rise in home prices, combined with falling interest rates, appeared to impact the overall market dynamics.
https://business.inquirer.net/549425/housing-loans-surge-on-cooling-prices-lower-rates
Retail fear is at extreme levels, but the experienced traders and analysts say there is no need to panic yet.
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