Asia Stocks to Track US Rebound on Profit Optimism: Markets Wrap
European stocks rose for a second day after strong earnings from some of the region’s biggest companies, while positive economic data helped boost sentiment.
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European stocks rose for a second day after strong earnings from some of the region’s biggest companies, while positive economic data helped boost sentiment.
Taylor Wimpey Plc is failing to see lower mortgage rates translate into higher levels of home sales and is maintaining its forecast for fewer deals in 2024.
Chinese mainland investors increased their portion of total turnover of Hong Kong stocks to a record daily average in April, with the latest measures to bolster the city’s position potentially boosting their purchases.
Zhao Xiaowei did what would have been unthinkable just a few years ago: He quit his Beijing barista job and returned to his northeastern rust-belt hometown for a better future.
South Korea is emerging as a closely watched weak link in the $63 trillion world of shadow banking.
Feb 2, 2018
The Canadian Press
VANCOUVER - The Real Estate Board of Greater Vancouver says demand continues to be high for condominiums and townhomes in the region, but less so for detached properties.
The board says 1,818 homes sold in January -- up 19.4 per cent from the same time last year, but down 9.8 per cent from December 2017.
However, townhouse and condo sales were above the 10-year January average by 14.3 and 31.6 per cent respectively, while detached homes fell 24.8 per cent below it.
The board says the sales-to-active listings ratio last month, which looks at how many properties sold compared with those listed, was 57.2 per cent for condos, 32.8 per cent for townhouses and 11.6 per cent for detached properties.
A figure below 12 per cent for a sustained period suggests downward pressure on prices, while jumping above 20 per cent for several months indicates movement in the opposite direction.
The board says the composite benchmark price for all types of properties in the area was $1,056,500 in January -- up 16.6 per cent from the same month last year and 0.6 per cent higher than the previous month.