Real Estate

WASHINGTON: New US single-family home sales rebounded modestly in February as a surge in the West offset sharp declines in other regions, pointing to a gradually improving housing sector amid a dearth of properties avail-able on the market. The Commerce Department said on Wednesday home sales rose two per cent to a seasonally adjusted annual rate of 512,000 units. January’s sales pace was revised up to...

AFTER THE MASSIVE EARTHQUAKE, SALES OF APARTMENTS HAVE COME TO STANDSTILL Kathmandu After the massive earthquake last year, the housing market is yet to show some confidence in highrise apartments. According to developers, no apartment project suffered structural damage, though most of them had suffered cosmetic damages by the earthquake. Despite maintenance after...

One place you might never expect to have a housing boom is in the country of Nepal. However, new apartments built last year grew by over 300% from the previous year, and land prices have soared 300% since 2003. Nepal may not be the obvious next property hotspot but the mountainous country between India and China is experiencing a mini real estate boom as wealthy Nepalese real estate investors seek a...

Nepal has been struck by several challenges and undergone various extremities in the recent years. Earthquake in 2015 and economic blockade in the same year presented a challenge among dwellers. It seems though business and trading couldn’t be ceased by any of these hurdles. The looks of that are same on Real Estate business in Nepal. Real Estate business is growing in Nepal despite all these...