Housing markets across Australia are set to lose some steam in 2016, according to a report released by Australian property search firm Domain Group on Monday. Property prices across major cities are expected to slow dramatically as investors continue their exodus from the market, the study predicts. Double-digit growth in major housing markets such as Sydney and Melbourne in the last ...

A homeless man has been charged with property destruction after police discovered a 15-foot-deep cave they say he dug in a public park. Yosue Joel Rios, 25, was arrested Sunday after police in Fairfax, Virginia found a man-made cave in Van Dyck Park. The painstakingly created home about 200 yards behind the headquarters of the City of Fairfax Police Department ...

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has expressed displeasure at the low rate of housing development in the country, urging government to make deliberate efforts to house Nigerians because of its socio-economic advantages. Members of the various faculties of the institution discussed areas the built environment that they want the administration of President Muhammadu Buhari to intervene ...

Festival Mall built at Amuwo Odofin in Lagos has been officially inaugurated by the Lagos State Governor, Mr. Akinwunmi Ambode. The mall was built by First Festival Mall Limited, a JV company between UPDC Plc., and Africa Capital Alliance and UPDC Real Estate Investment Trust. The mall, which construction works began in May 2013 and concluded in November this year, ...

Though opportunities may surface if tolls are introduced on our highways, it doesn’t mean it won’t come with the challenges which formed the core of the reason for the demolition of same in 2004. In view of this, it is crucial the present government make the masses understand the yardstick behind the planned re-establishment of toll gates on our federal ...

Rivers State Governor Barr Nyesom Wike has emphasized that a New Garden City of Port Harcourt will emerge at the end of the urban renewal programme of his administration. Wike stated this while speaking at the Inauguration Dinner of the 26th President of the Nigerian Institute of Architects. The governor who was represented by his Deputy Dr. Ipalibo Harry Banigo ...

Investors interested in the ordinary shares of Nigeria Mortgage Refinance Company (NMRC) Plc now have opportunity to buy into Nigeria’s first and only mortgage refinancing company with the listing of the company on the NASD OTC Plc. The NASD is an over-the-counter (OTC) platform that trades on unlisted securities. It is licensed by Securities and Exchange Commission (SEC). The NASD ...

Lamenting over the rate of abandoned projects’ throughout the federation, surveyors, under the aegis of Nigerian Institution of Estate surveyors and Valuers (NIESV) Board of Faculty, at its meeting last week, said the government of Mohammadu Buhari should make a difference and ensure delivery of all major projects. In their opinion, proper valuation of projects is sine-qua-non to effective implementation. ...

Cellular service provider Verizon has given a $1,000 grant to The Center for Family Justice in Bridgeport, which provides shelter and other services to domestic violence survivors in Bridgeport and surrounding communities. The money to be used to help its clients purchase gift cards to defray the costs of their holiday shopping. Funds for the grant come from the Hopeline ...

The Lagos State Government has approved the construction of flyover bridge for two of the State’s high-density traffic zones, Ajah round about and Abule Egba junction. The two major projects were approved by the State’s Executive Council and have been duly awarded to contractors for a speedy commencement of work. In a press release issued yesterday December 13th by the ...