Housing market set to rise, says minister
PETALING JAYA, July 29 — Housing development in Malaysia is still active due to the rapid growth of urbanisation and is expected to increase from 67 per cent this year to 75 per cent by 2020. Housing and Local Government Minister Datuk Wira Chor Chee Heung said the property sector is doing well based on positive sales by property developers. “In …
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Realtor: Housing market feels ‘saw tooth’ bite
A national real estate expert used the term “saw tooth” Monday to describe the real estate recovery process as he spoke at a national conference in Murfreesboro.
D.C. area housing market relatively insulated from downturn, report finds
While the nation’s housing market struggles amid a sudden downdraft that has once again battered sales, the Washington region appears relatively insulated and poised for a turnaround. Real estate economics – Business – Residential – Real Estate – Housing
Home vacancies fall in Q2 but rentals steady
The rate of vacancies for homes slipped slightly in the second quarter, a government report showed on Tuesday, but it was not enough to promise improvement in the hard-hit housing market.
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Hubbell Grows, Outlook Improves
Hubbell Inc.’s second quarter earnings beat the Zacks Consensus by 19 cents, or 24.7%. Revenue for the period also increased sharply to $646.4 million, up 13.3% sequentially and 10.6% year over year, on improving end markets.
BLand to launch projects worth RM500m this year
BERJAYA Land Bhd (BLand) (4219) will launch new projects worth more than RM500 million this year to take advantage of pent-up demand for housing in the Klang Valley. BLand is bullish on the property market, its senior general manager of properties and marketing, Mah Siew Wan, said. “We are seeing a return of buying interest for high-end houses. Our properties are all unique and in prime areas so …
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