-Taking all indicators into account, our view is that we remain in a tentative recovery state

-The housing market is showing continued signs of a bounce back, with a pick-up in approvals, sales and price growth

-This resurgence appears to be more weighted to house rather than apartment transactions

-However, some economic indicators are not improving as quickly as in recent months and lockdown 2.0 will act as a negative drag on the economy in Q4



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