Professionals rely on HW Media for breaking news, reporting, and business information and rankings. With mortgage rates having declined over the previous two months, economists see a modest rebound in house gross sales forward. More of us snapped up new development in December because of lower mortgage charges, giving the new-home market a boost. Real estate news and top headlines from major news sources into a real estate context every weekday, alongside breaking news from NAR, enterprise suggestions, and business developments. JLL has forecast another sturdy year of investment in Asia Pacific real estate with Jakarta persevering with to catch the attention of first-time buyers.
As a result, housing demand is rising, particularly in the low and moderate-price categories. An SBUT spokesperson mentioned, “Two towers of fifty three storeys every are being constructed replacing 23 old and dilapidated buildings on a plot of approximately 1.34 acres. Sector 6 will house more than 1,250 households and round 270 companies.” Kenya is projected to have the fastest economic growth fee in Africa in 2021 based on ….