Hovnanian Enterprises, Inc. , a leading national home builder, has announced its second quarter results for FY-2015. The results shows Revenues of $468.9 million up by 4.2%, and EPS went up from -$0.05 to -$0.13. View the full earnings release here.
Earnings: Hovnanian Earnings Down $HOV Read More »
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US new home sales for month of January exceeded market expectation as sales nationally were up 28.9% year over year, up 54% in the northeast and up 60% in the west with the south and midwest of the country demonstrating moderate growth in the teens.
US New Home Sales of 437K vs 393K prior $XHB Read More »
#UK #realestate #China – China’s State Administration of Foreign Exchange (SAFE) which manages country’s $3.31T in foreign-exchange reserves bought real estate in the UK worth $1.6 Bln in recent deals according to WSJ. Although a drop in the bucket, move could signal a rising allocation to foreign property purchases.
Chinese Invest $1.6B in UK Real Estate Read More »
Data suggests slowdown at best and reasonable probability of price declines in Canadian real estate prices over the next five years as prices revert back to long-term average price growth. Especially parabolic price rises such as experienced in Vancouver are not sustainable: Easy money in Canadian real estate has been made. Time to consider industrial
Canadian Real Estate Slowdown or Crash? Read More »
