Bank Indonesia (BI) reported that the results of the Residential Property Price Survey (SHPR) indicated limited price growth in the primary residential property market in the third quarter of 2024 at 1.46% (yoy). Meanwhile, the residential property sales indicated a decline for all types of houses, specifically small sized houses with contraction recorded at 7.14% (yoy). From the payment side, the survey showed that the primary house ownership was financed through mortgage/KPR, covering 75.80% of the total financing.