
Lower Policy Rates to Propel Real Estate Market Activity: CEO Eighteen
Islamabad : Following the recent announcement by the SBP to reduce the policy rate to 12%, Tarek Hamdy, CEO of Eighteen Housing, has welcomed this decision, highlighting its potential to catalyze growth in the real estate sector. The central bank’s policy rate, after being slashed by 1,000bps from 22% since June 2024 in six intervals,…