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Interest rate hikes to hit housing market in near term

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 Governor Felipe Medalla saying that …

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CREBA National Convention & Housing Expo 2023

CREBA National Convention & Housing Expo 2023 The Chamber marks 50 years of achievements as THE umbrella organization of the real estate and housing industry, with yearlong celebratory activities culminating in the CREBA National Convention & Housing Expo. 26 – 28 September 2023 Conrad Hotel Manila SMX Convention Center Manila Days Hours Minutes Seconds REGISTER …

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Gov’t, private sector leaders bare housing thrusts at CREBA 49th anniversary confab

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, Boysen Paints, the Home Development …

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Industry leaders expect housing among BBM’s priority agenda

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 Real Estate and Builders’ Associations, …

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DHSUD backs Baguio’s 1st permaculture housing

More informal settler families in Baguio City are slated to benefit from a housing project jointly undertaken by the national and local government. Department of Human Settlements and Urban Development (DHSUD) Secretary Eduardo Del Rosario recently led the groundbreaking for the Luna Terraces Permaculture Community in Barangay Irisan – the first-ever socialized permaculture housing community …

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