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Surprise tweaks in property cooling measures seen signalling further unwinding
The housing market may well be bottoming, making buyers more sanguine about prospects of a price recovery
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Kalpana Rashiwala
Published Fri, Mar 10, 2017 · 09:50 PM
THE government's unexpected move to make "calibrated adjustments" to a couple of the residential property cooling measures amid a recovery in private housing sales volumes has baffled many market watchers.
Could it be that the authorities were just getting tired of grumbles by individuals and decided to respond to ground feedback? If so, how really impactful can the latest announcements be?
There is little doubt that, at the margins, they will benefit segments of homeowners.
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