General market recovery expected this year, however real estate executive warns ‘situation will not improve overnight’.
residential rents
Skyrocketing residential rents and the rising cost of eating out further pushed up the city’s composite consumer price index (CPI), which rose 5.92 percent year-on-year last month, according to figures released by the Statistics and Census Bureau (DSEC) Wednesday. A DSEC statement said “notable increases” affected the price indices of housing and fuels (+11.45 percent), […]