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House-price inflation in Asia 'under control'

Cooling measures and accommodative monetary policy have helped tame prices while slowing mortgage credit growth in some nations: S&P report

Published Thu, Jun 7, 2018 · 09:50 PM

    Singapore

    COOLING measures and an accommodative monetary policy have helped to control house-price inflation in Singapore among other Asia-Pacific nations, a housing report published by S&P Global Ratings (S&P) on Thursday has found.

    The study noted that mortgage credit expanded across the region, albeit at a slower pace compared to six months ago, while monetary policy remains highly accommodative - which has lowered mortgage interest rates, and eased mortgage financing conditions.

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