| The World Bank has reported a shift toward non-bank financing in the Philippines which has required careful monitoring of the developer’s exposure.
Inquierer.net has reported the Philippine real estate market as possibly facing oversupply risks. While the market is generally stable, the Philippine Institute for Development Studies states that “ownership of dwellings and real estate has been growing steadily at high single-digit rates from 2006 to 2011 except for a relatively low 1.4 per cent growth in 2009.”..............................................Full Article: Source
|