UBS extends recession forecast to 3Q on 'more serious' real estate slump - Submit Site

DirectoryMix Web Resources » Article Details

UBS extends recession forecast to 3Q on 'more serious' real estate slump - Read More

Date Added: May 05, 2008 04:41:02 PM

NEW YORK (Thomson Financial) - UBS Investment Research Monday cut its growth forecast for the U.S. economy, saying it now expects the economy to contract rather than grow in the third quarter because of a worse than expected slump in the real estate market.

Category: Real Estate » Residential

No comments are posted yet

Residential sales dip in first four months

China saw commercial residential sales dip in the first four months this year while real estate investment in central and western regions outpaced that in the eastern part.

Washington Real Estate Investment Trust Announces First Quarter Financial and Operating Results

Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) reported financial and operating results today for the quarter ending March 31, 2008: Adjusted funds from operations (FFO) per diluted share grew 2% to $0.59 ...

Bob Parks Realty ranked among nation's largest real estate firms

The REAL Trends 500 ranked Bob Parks Realty 87th out of 500 for residential transaction sides closed last year, the company announced in a news release. According to a recent research report produced by REAL Trends, the 500 largest residential real estate

Novato's real estate retreat

The slump in the real estate market is the worst some real estate agents have ever seen and it has hit Novato harder than the rest of Marin, forcing companies to

Sakana inks deal with real estate developers

26 June 2008 In a landmark deal, Sakana Holistic Housing Solutions has signed a Memorandum of Understanding with the leading real estate developers, Pearl Development & Real Estate Co. and Promobai Development & Real Estate Co. to become the preferred Isl