Although the residential sector is going through a difficult phase, the stakeholders are quite optimistic for the future, especially with regards to sales volume. New Delhi: The real estate sentiment fell to a three-year low in the October-December period, indicating pessimism among developers and financial institutions which reeled under the ... Read More »
Japanese manufacturers’ confidence bounced from a three-year low, while sentiment in the services sector hit its lowest since 2013 when the central bank began bold monetary stimulus, a Reuters poll showed, underscoring a fragile economic recovery. The monthly Reuters Tankan, which tracks the Bank of Japan’s (BOJ) quarterly tankan survey, ... Read More »
A shortage of existing homes for sale is boosting the market for newly-built homes, and fueling confidence among builders right along with it. A monthly reading of builder sentiment rose two points to 60 in August; anything above 50 is considered positive on the National Association of Home Builders/Wells Fargo ... Read More »
Crude oil prices searched for momentum in early Thursday trading amid uncertainty about the prospects for major energy market recovery. Goldman Sachs in a research note Thursday said there were tit-for-tat forces ranging from a slowdown in North American oil to higher production in Iran that made for an uncertain ... Read More »
Prospective home buyers view a kitchen while touring a model home at the PulteGroup Inc. Mirehaven housing development in Albuquerque, New Mexico. Confidence among the nation’s home builders held steady in March, although a majority of analysts had expected it to improve slightly. Even lower mortgage rates since the start ... Read More »
