TriniRealty.com

Local financial institutions lent close to $6.8 billion ($6,799 million) over the past year for real estate mortgages.

The proposals of the 2007 Budget as they relate to home ownership are intended to strengthen and re-enforce the Government’s commitment to making housing more affordable for persons in the lower to middle income bracket.

Perusing the real estate ads in the classified section of a newspaper, it appears that real estate prices have shot through the roof.Executive homes. Beachfront homes. Scenic gated communities.

A Moka executive home is listed for rental at US$6,500 a month.