ChangeAgent Property

Residential buildings stand under construction in Jining, China on Monday, May 30, 2016. Photographer: Qilai Shen/Bloomberg The “China property bubble” has come back to a headline-making theme but a quick look at the data uncovers a more nuanced picture, and how this time might be a bit different. The chart above illustrates the cyclicality of the housing markets, with an almost sinusoidal line that represents a monthly year-on-year growth in average house price index for 100 cities.

The Secretary-General of the United Nations Conference on Housing and Sustainable Urban Development HABITAT III, Joan Clos, speaks during a press conference in Quito on October 14, 2016, ahead of the HABITAT III meeting in Ecuador. The HABITAT III conference will take place from October 17 through 20 in Quito. Juan CEVALLOS / AFP A major milestone in the development of the world’s cities and towns was achieved at the weekend in Quito, Ecuador, with the successful adoption of a new framework that will set the world on a course towards sustainable urban development. The conference known as Habitat III brought together mayors, local and regional authorities, civil society and community groups, and urban planners. Mayors said the conference advanced the participation of local authorities in the global effort to achieve the Sustainable Development Goals.

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Boxer and politician Manny Pacquiao, has built over 1,000 houses for poor Philippinos in his home town. The multi-millionaire boxing champion, who is also a congressman, posted on his Facebook page of the housing project he has put up in the Philippines. "I'm so happy giving this houses free to my constituents in Sarangani Province from my own pocket more than thousand families are the beneficiaries," he said.

Housing An indigenous real estate firm, ALM Build Art Limited, has launched its e-commerce platform, targeted at satisfying property acquisition needs of the governments and its citizens in the South-east and South-south geo – political zones of the country. Speaking at the launching in Imo State, the Managing Director of the firm, Obinna Onwunali, said the innovation was put in place, primarily for sale and rental services.

Governor Akinwunmi Ambode (middle), Chief Judge, Justice Oluwafunmilayo Atilade (left) Speaker, House of Assembly, Mudashiru Obasa, Attorney General & Commissioner for Justice, Adeniji Kazeem and Special Adviser to the Governor on Civic Engagement, Kehinde Joseph (right), at the signing of the Property Protection and Neighborhood Safety Agency Laws in Lagos House, Ikeja. Apparently, to forestall breakdown of law and order, the Nigerian Slum/Informal Settlement Federation is demanding immediate reversal of the demolition notice on shanties along shorelines by the Lagos State government. Governor Akinwunmi Ambode had given the order dated October 9, 2016, to all informal waterfront communities

Chudi Ubosi The government should focus intensely on the provision of housing for the low and middle-income groups, says CHUDI UBOSI, President – Africa, International Real Estate Federation (FIABCI) and principal partner at Ubosi Eleh and Company. He argued that the impact of government should be felt at this level Housing is one of the fundamental human needs in addition to food and clothing. It is equally a significant indicator of a person standard of living, and sometimes also an indication of place or status in the society.