Real Estate, Renting, and Other Business Activities (RERBA) sustains growth
RERBA continued to grow in the second quarter of 2017 with
7.9 percent growth, however lower than the 8.8 percent growth in the previous year. This growth was largely attributed to Renting and other business activities which grew by 8.0 percent during the period.
Meanwhile, Real Estate posted a double-digit growth of
14.3 percent, higher as compared with the 5.3 percent posted in the same period in the previous year. Ownership of Dwellings recorded a faster growth of 3.0 percent as compared with 2.7 percent growth in the same period of the previous year.