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China’s home sales rose for a second month in March, according to a private data provider, signaling a recovery after policymakers expanded support for the sector.
(Bloomberg) -- More US banking turmoil, wider economic fallout, the Federal Reserve losing its inflation focus and even a “financial crash” are among a panoply of dangers troubling economists gathering by Lake Como.
“You can’t just stick a place on the market and keep your fingers crossed.”
UK house prices fell at the sharpest annual pace since 2009 after surging interest rates increased the cost of borrowing, one of the biggest mortgage lenders said.
China Vanke Co., the nation’s second-largest developer by sales, arrested an earnings slump by posting 22.6 billion yuan ($3.3 billion) in annual profit, underscoring the divide between private firms and those with state support amid a liquidity crisis.
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