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NHT recommends scrapping Ruthven Towers Phase Two, insiders reveal

The National Housing Trust (NHT) reportedly recommended abandoning plans to fund Phase Two of the controversial upscale Ruthven Towers project to make way for it to be undertaken by any interested private developer. The recommendation was.

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Housing inventory static as mortgage volumes decline

Mortgage volumes are on the decline according to the Planning Institute of Jamaica. Meanwhile, the Developers Association is citing an overhang in construction units that are unsold on the market. Housing completions by the National Housing Trust,.

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Higher rates drag construction sector - Jamaica Observer

THE once-booming construction sector declined for a fifth-consecutive quarter between April and June of this year, with industry players citing rising interest rates implemented to fight inflation.

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