Catch the Pulse of Pakistan’s Housing Market

in #pakistan2 years ago (edited)

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Catch the Pulse of Pakistan’s Housing Market
Real estate is a major and growing industry in Pakistan, and Pakistan spends $5.2 billion on construction. Despite the improvement, we have seen many people in Pakistan still lack primary living facilities, i.e. houses. It thus clearly demonstrates that there is a great need for growth in the real estate market so that all sources of income can afford the need for life.

The State Bank of Pakistan (SBP), in its report on ‘The State of Pakistan’s Economy’, recently noted that the combined contribution of the construction and housing sectors “has been consistently higher than nine-percent over the past decade”. Reason for the growth are:

Population Growth
Urbanization
Deformation of Family System
Read more
https://catchonpakistan.com/2022/05/10/catch-the-pulse-of-pakistans-housing-market/

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