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Archives: September 2015

House prices are crashing worldwide but not in Pakistan

World housing market condition in 2015 2015 is not a good year for the housing market as house prices are crashing worldwide. This is the second housing market crash of this century, first one was the famous housing bubble of 2008. House prices were rising since 2009. But this rise in house price was not…

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Karachi, Lahore and Islamabad are least livable cities of Pakistan due to high property prices

Karachi, Lahore and Islamabad Karachi, Lahore and Islamabad are major cities of Pakistan. Karachi is the economic center and most populated city of Pakistan. Karachi is also capital of the province, Sindh. Lahore is the capital of Pakistan’s most populated province, Punjab. Islamabad is the capital of Pakistan. Karachi’s population is 25 million, Lahore’s population…

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Low interest rate in Pakistan: Good for real estate sector

Historic low interest rate in Pakistan @ 6% State Bank of Pakistan has decreased the interest rate to 6.0% from 6.5% on 12th of September 2015. This is the record low interest rate in the history of Pakistan. State Bank of Pakistan has decrease the discount rate to 6.0% due to the decrease in inflation….

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