Latest Videos
The information you requested is not available at this time, please check back again soon.
South Pole, the world’s leading purveyor of offsets, is facing allegations that it exaggerated climate claims around its forest-protection projects. The uncertainty could influence how legions of companies try to slash their emissions.
China Evergrande Group and a group of major offshore bondholders finish the week having taken a key step forward on what would eventually be one of the nation’s biggest-ever restructurings. But months of further negotiations and key dates still loom.
Hong Kong property heir Douglas Woo bought an apartment in an upscale area for HK$59.8 million ($7.6 million) at a time when the city’s luxury market is just picking up as the border reopens.
In 140 years, American policymakers have never faced a banking crisis quite like this.
South Korea’s property market risks an accelerated slide triggered by quirks in renting practices, an outcome that would put its sputtering economy under more pressure and test the confidence of investors already spooked by recent financial sector turmoil.
Sep 2, 2022
, BNN Bloomberg
The chill in Vancouver’s housing market continued last month as buyers and sellers “take more time” to make sense of rapidly-changing market conditions, according to the local real estate board.
A total of 1,870 property sales were registered across the Greater Vancouver region in August, the real estate board said Friday. That marked a 40.7 per drop compared to a year earlier and a 0.9 per cent decrease from July.
Compared to the 10-year average for August, the sales volume was down 29.2 per cent.
The real estate board said its composite benchmark price for all homes was $1,180,500 in August, which was down 2.2 per cent from July.
“With inflationary pressure and interest rates on the rise, homebuyer and seller activity shifted below our long-term seasonal averages this summer,” said Andrew Lis, director of economists and data analytics at the Real Estate Board of Greater Vancouver, in a release.
“Homebuyers and sellers are taking more time to assess what this changing landscape means for their housing needs.”
Related
