Real estate CEO: Record-low housing inventory is ‘freaking us out’

Real estate CEO: Record-low housing inventory is ‘freaking us out’

The number of homes for sale in America has been falling steadily for the past year, but the situation is apparently getting much worse as spring demand heats up. “The inventory is reaching historic lows. It’s never declined faster than...
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Housing finance shares rally; LIC Housing, Indiabulls Housing hit new highs

Housing finance shares rally; LIC Housing, Indiabulls Housing hit new highs

Shares of housing finance companies (HFCs) have rallied up to 8% on the BSE in otherwise range-bound market on the back of heavy volumes. Housing Development Finance Corporation (HDFC), LIC Housing Finance, Dewan Housing Finance Corporation (DHFL), Can Fin Hom...
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Could the Housing Crunch Get Worse? What the Latest Construction Numbers Say

Could the Housing Crunch Get Worse? What the Latest Construction Numbers Say

The housing crunch doesn’t look like it will be getting better any time soon, according to the latest report on new construction. The number of permits issued to builders to put up sorely needed homes across the country fell 6.2%...
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Housing Sales Up 7% In Eight Indian Cities: Property Consultant

Housing Sales Up 7% In Eight Indian Cities: Property Consultant

New Delhi: Showing signs of revival, housing sales rose by 7 per cent in the country’s eight major cities at 1.35 lakh units during January-June period of this year, leading to a decline in unsold inventories, according to real estate...
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EPFO To rent consultant To Draft Housing Scheme For individuals

EPFO To rent consultant To Draft Housing Scheme For individuals

New Delhi: Retirement fund body EPFO will hire a representative to training session a low-fee housing scheme for its over 4 crore subscribers. “A private firm will soon be employed to border a housing scheme for subscribers of the personnel’...
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EPFO To rent representative To Draft Housing Scheme For contributors

EPFO To rent representative To Draft Housing Scheme For contributors

New Delhi: Retirement fund frame EPFO will rent a consultant to workout a low-cost housing scheme for its over 4 crore subscribers. “A personal firm will soon be employed to frame a housing scheme for subscribers of the employees’ Provident...
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