Archive for the ‘Real Estate’ Category

Property developers to continue facing crisis in 2016

November 20, 2015

Real-estate developers are going through their worst period since a wave of IPOs in 2007. Demand has contracted, credit funded by savings accounts has become more restrictive, job and income levels have fallen, consumer confidence is low and developers have too big structures for the current market. “The sector needs a new equilibrium,” an analyst says.