Tag Archives: Residential Development

Canadian Economists Suggest Level of Housing Starts is Unsustainable

CANADA – Market Analysis: OTTAWA — Some economists warn that the surge in the number of new homes being built in Canada is unsustainable and could approach “worrying” levels if interest rates remain at the current level. http://ow.ly/3oj1oS Carlisle Mitchell … Continue reading

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Dubai’s Largest Developer Profits up 29%

Dubai *Market Analysis: DUBAI – Dubai’s largest developer Emaar Properties reported a 28.6 percent rise in second-quarter net profit on Monday, marginally beating forecasts, but revenue from property sales in the emirate dropped. ow.ly/2Ld3eF Carlisle Mitchell Insider Tips for Real … Continue reading

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Dubai’s Damac offering free BMW with each purchase

DUBAI – Dubai developer Damac Properties has announced it will give away a luxury BMW luxury car with each unit purchased during Ramadan as part of its special promotion during the holy month. Customers signing on the dotted line for … Continue reading

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Construction Spending Rises but Less Than Projected

WASHINGTON — U.S. construction spending rose less than expected in May, which could prompt a further downgrading of second-quarter economic growth estimates. Construction spending edged up 0.1 percent to an annual rate of $956.1 billion, the Commerce Department said Tuesday. … Continue reading

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U.S Home Construction Slips in May

HOUSTON — The pace of U.S home construction slipped in May as buyers face higher mortgage rates. Construction firms began work on fewer single-family houses, condominiums and apartments last month. Home construction has struggled to gain much traction this year, … Continue reading

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Your Objective Should Determine Your Strategy

“Of course, objectives are not the railroad timetable. They could be compared to the compass bearing by which a ship navigates. The compass bearing itself is firm, pointing in a straight line towards the desired port. But in actual navigation … Continue reading

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Houston’s City Centre is a Hit

HOUSTON – CityCentre is an upscale mixed-use development in Houston, Texas. It was originally known as Town & Country Mall, competing with the then upscale West Oaks Mall and neighboring Memorial City Mall. It was supposed to surpass the older … Continue reading

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