UK House Prices Stagnate in April as Higher Mortgage Costs Bite
UK house prices barely rose in April, according to Halifax, adding to evidence of a property market facing headwinds from rising mortgage rates.
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UK house prices barely rose in April, according to Halifax, adding to evidence of a property market facing headwinds from rising mortgage rates.
China’s cryptic hints at a plan to address its property market woes have buoyed investors. But economists want more details before buying into the recovery story.
China will hand out billions of yuan to help cities renovate run-down public buildings and upgrade infrastructure, as policymakers seek ways to inject life into an economy weighed down by a housing slump.
China’s technology hub of Shenzhen has joined other major cities in easing homebuying rules as authorities try to revive the beleaguered real estate market.
Check after check after check was displayed on screens for a New York jury on Monday carrying Donald Trump’s distinctive signature scrawled with a black sharpie.
Jan 31, 2022
The Canadian Press
Calgary's downtown office vacancy rate has declined for the first time since the start of the COVID-19 pandemic.
Commercial real estate firm Avison Young says the city's downtown office vacancy rate ticked down in the fourth quarter of 2021, to 29.7 per cent from 29.9 per cent.
Calgary's downtown real estate market has been at record high levels since the fourth quarter of 2019.
Nearly 1.3 million square metres of office space in the city's core sits empty.
But Avison Young says the tide is turning. It says leasing activity is picking up as public health restrictions ease and companies figure out their return to office strategies.
Avison Young says there is still a long road to recovery for Calgary's office market but it expects the overall trend in the next 12 to 24 months to be positive.