Builders And Developers News Today

China’s real estate market remains a drag and will put pressure on global growth.

One of China’s leading property developers, Sunac, has filed for bankruptcy protection in the United States, shortly after winning approval from its creditors to restructure nearly $10 billion worth of debt.

Home builder confidence took a hit in September as average mortgage rates for a 30-year fixed-rate loan stayed above 7%.

A major Chinese property company has suspended offshore debt payments, deepening turmoil in the beleaguered sector.

Chinese property giant Country Garden has twice narrowly avoided defaulting on its debt in a matter of days. But it’s not home free.

Home builder stocks are on a tear, boosted by a jump in new home construction as Americans shun the historically tight and unaffordable housing market.

Just a few months ago, Country Garden was the biggest property developer in China, with more than 3,000 developments spanning the country.

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The record of the survey of land or buildings is neither being maintained in Latifabad nor most parts of Qasimabad

Home builders are hitting the brakes as building costs rise and prospective buyers get priced out of the market.