Fancy Apartment Rentals for Paris Olympics See Poor Demand and Price Cuts
Locals who’d hoped to turn a big profit by renting out their posh apartments are now slashing prices by 30%-60%.
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Locals who’d hoped to turn a big profit by renting out their posh apartments are now slashing prices by 30%-60%.
The kingdom must overcome a conservative image and concern about human rights. Visit the desert oasis town of AlUla to understand the challenge.
Jury selection was completed Friday for Donald Trump’s first criminal trial, setting the stage for opening arguments Monday in a New York case accusing the former president of falsifying business records to conceal a sex scandal before the 2016 election.
Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve.
Fifth Third Bancorp jumped the most in four months, leading bank stocks higher, with Chief Executive Officer Tim Spence predicting that income from lending has bottomed out.
Aug 21, 2019
Bloomberg News
,Sales of previously owned U.S. homes increased in July to a five-month high, underscoring stability in the residential real estate market that may be starting to get a boost from falling borrowing costs.
Contract closings rose 2.5 per cent to a 5.42 million annual rate, the National Association of Realtors said Wednesday. That compares with the median forecast of 5.40 million pace projected by economists in a Bloomberg survey. The median sales price increased 4.3 per cent from a year earlier to US$280,800.
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--With assistance from Jordan Yadoo.