Developers are finding it difficult to hold on the story that the real estate sector is recovering, especially in the National Capital Region (NCR). While on an average, sales have increased marginally in eight metro cities, they have dropped significantly in NCR.
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U.S. homebuilding rose in October amid a rebound in multifamily housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher.
Read more: https://cnb.cx/2QZWYej
Crypto markets had a meltdown overnight,as Bitcoin slumped more than 10% to fall below $5,000 for the first time since October 2017.
Read more: https://read.bi/2S2B5eq
SINGAPORE: The Government has put in place new anti-money laundering and terrorism financing requirements for property developers that will require them to perform due diligence checks on their buyers and flag suspicious activity.
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Domain chief executive Jason Pellegrino has defended the resilience of the real estate listings platform as prices continue to fall in the key markets of Sydney and Melbourne, saying its revenue stream is not tied to property prices.
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Dubai’s real estate market will gather momentum after the volume and value of sales transactions rose in the third quarter, but an influx of new supply could mute prices in 2019 while rentals continue to decline, analysts said.
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The Alberta government is establishing a new Energy Upgrading Unit, which it says will “supercharge energy diversification” across the province.
Read more: https://bit.ly/2PENQiV
While OPEC is considering cutting oil production again, the executive director of the International Energy Agency (IEA), Fatih Birol, called on Monday for ‘common sense’ because fresh cuts could have negative effects on the oil market.
Read more: https://bit.ly/2DQ16us
The long-awaited opening of the new QE2 / Gaetz Avenue Interchange in Red Deer has now arrived.
Read more: https://bit.ly/2DOTrwJ
Never underestimate the power of a well-designed storefront.
Read more: https://bit.ly/2PFbkUO