Construction services outfit Global Construction Services has increased profits by more than 10 per cent for the year to June 30, climbing above $ 10 million despite
a softening construction market especially in the residential segment.
Not exact matches
The
construction has produced some
softening in the
market, and concessions have emerged at some of the new properties.
Canada's housing
market showed some signs of
softening in November as new
construction starts fell, but separate data showed prices rose in October and permits for future building jumped, suggesting the
market could have strength in reserve.
The Florida housing
market in 2017 was characterized by a lack of new
construction, big price reductions on new condos, a disappearance of South American property buyers,
softened house and condo prices, and of course, low taxation rates.