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U.S. housing market faces ‘5-percent’ test

NEW YORK (Reuters) - The U.S. housing market, already struggling with tight inventory and rising building costs, faces a fresh ...
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New Home Mortgage Applications Jump 8.2 Percent in U.S.

According to the Mortgage Bankers Association's latest Builder Application Survey for September 2018, U.S. mortgage applications for new home purchases ...
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Singapore outclasses Hong Kong when it comes to average home size

Singapore, which is smaller than Hong Kong in land area, is seemingly more generous when it comes to average standards ...
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Rising Home Prices Cause False Increase In Retirees’ Cost Of Living

This week the Social Security Administration announced a 2.8% Cost of Living Adjustment (COLA) will be added to benefit checks ...
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Hurricane Florence, Rising Mortgage Rates Hurt U.S. Homebuilding

WASHINGTON (Reuters) - U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the ...
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Sri Lanka Chooses India Over China in US$300 Million Housing Deal U-turn

Sri Lanka has reversed a decision to award a US$300 million housing deal to China in favour of a joint ...
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Journalists Housing Project Kicks Off in Ghana

The Ghana Journalists Association (GJA) has cut the sod for the construction of affordable houses for journalists at Pampaso, near ...
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Julius Berger Nigeria gets new Managing Director, expands executive management, creates Corporate Dev Directorate

The Board of Directors of Julius Berger Nigeria Plc (Julius Berger) has announced changes to the management structure of the ...
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11 Trapped as Building Collapses in Anambra

No fewer than 11 persons were trapped under a three-storey building which collapsed in Nnewi, Anambra in the early hours ...
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Court Dismisses Mortgage Bank’s Bid to Regain Forfeited Property

A federal High Court in Lagos has dismissed an application by Safetrust Mortgage Bank to regain its high-rise property, Safetower ...
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