BSP rate cut: A catalyst for Philippine real estate

The Bangko Sentral ng Pilipinas (BSP)’s decision on Aug. 15 to cut its key policy rate by 25 basis points to 6.25 percent marks a significant shift in monetary policy. This brave move is expected to have a positive impact on the Philippine real estate sector, as outlined in Leechiu Property Consultants’ Q2 2024 market