Housing market still volatile, but warehouses are booming

As with most sectors of the economy, the property market was hit hard by the Covid-19 pandemic.

Siva Shanker, chief executive of an international property consultancy, said the housing market went into panic after the national lockdown as no one knew what to expect from the Covid-19 crisis.“This sector will be shaky and will take a while to see some strong traction,” he said, and more data would be needed on the market’s reaction after a six-month loan moratorium ends in September.

But Siva said prices for good investment properties will remain stable as they are sold based on their yield. Owners of older office space should refurbish and re-brand their units so as to grab potential tenants’ attention.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SC, Bursa revise market management measures such as circuit breakers | Malay MailKUALA LUMPUR, July 10 — The Securities Commission (SC) and Bursa Malaysia Bhd will revise temporarily the existing market management and control mechanisms to provide added stability and confidence in the marketplace. The revisions to the circuit breakers as well as static and dynamic price...
Source: malaymail - 🏆 1. / 86 Read more »

Crypto exchange Coinbase readies landmark stock market listing, say sources | Malay MailSAN FRANCISCO, July 9 — Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major US cryptocurrency exchange to go public, according to three people familiar with the matter. The listing would need the US Securities and Exchange...
Source: malaymail - 🏆 1. / 86 Read more »