A Home for Every Filipino
Outpourings of sorrow and profound loss greeted the news of the demise of CHARLIE AV GORAYEB, Chairman of the Board of the Chamber of Real Estate and Builders’ Associations (CREBA), who was widely regarded as an icon of the housing industry and its fiercest champion for almost three decades. Gorayeb,
Inflation in January hit a 14-year high of 8.7%, prompting the Bangko Sentral ng Pilipinas (BSP) to say it was likely to raise its benchmark interest rate one more time this year, after having hiked it by 50 basis points on Feb. 16, Reuters reports. The news agency reported BSP
The Senate and House committees on housing and urban development and the Department of Finance outlined their agenda to resolve issues faced by the housing sector at the October 29 Philippine Housing and Real Estate Summit held by CREBA in celebration of its 49th founding anniversary. Sponsored by Vista Land,
The Philippine real estate sector’s recovery may be derailed by the Bangko Sentral ng Pilipinas’ (BSP) aggressive rate hikes, according to Cushman & Wakefield Philippines. “The aggressive contractionary monetary policy stance by the BSP which is in sync with other central banks, prompted by the rallying prices, may slow down
With the incoming administration, real estate industry leaders expressed their hope that the country’s housing backlog now affecting some 6.7 million poor families will be given a high priority under the leadership of President-elect Ferdinand “Bongbong” R. Marcos Jr. Lauding his overwhelming victory at the recent polls, the Chamber of
From a global perspective, the Philippines real estate sector is inherently unique, and I would argue is currently undervalued. As our economy returns to the above average pace of growth and the maturation of its internals continues, local and international investors alike should become increasingly intrigued. This is the time
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