PDA

View Full Version : Housing feels crunch



NewsWhore
05-02-2008, 03:50 PM
The president of the Housing Constructors and Promoter's Association (ACOPROVI) Jaime Gonzalez says that in the last 30 days, costs of construction materials have gone up 25%. At the same time, he said new home sales are down 50% in March and April. Gonzalez expressed concerns that prices could further escalate once the 16 May election has come and gone. Gonzalez asks the government to take actions to prevent instability in the sector.

More... (http://www.dr1.com/index.html#5)