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Central Bank of the Bahamas report

2008-12-02 11:11:28 by: Athena
The Central Bank of the Bahamas, in its recent report for the second quarter, said construction activity in the Bahamas remained the same since 2007. There were modest gains in domestic outlay, but foreign investment support tapered. However, there was almost a one quarter increase in total disbursements for new construction and repairs. And total mortgage commitments for new construction and repairs more than doubled to $75.9 million, an indication of a healthy Bahamas real estate market.

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