Home Depot to Buy Roof-Supply Firm SRS for About $18.25 Billion
Home Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company’s professional services business.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Home Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company’s professional services business.
Country Garden Holdings Co., once China’s top property developer, warned it will miss its deadline for reporting annual results as more information is needed for appropriate accounting.
China Vanke Co.’s profit tumbled more than analysts expected last year and it vowed to slash debt by almost $14 billion, as the embattled developer tries to stave off default amid a protracted housing crisis.
Spending spree is a show of force as the company looks to retain cloud computing edge over Microsoft and Google.
China’s largest state owned bank posted scant gains in earnings for last year as margins weakened.
Nov 4, 2019
The Canadian Press
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales surged 45.4 per cent in October from a year earlier as lower prices helped boost sales.
The board says there were 2,858 sales for the month, up from 1,966 sales a year ago, to come in 9.8 per cent above the 10-year sales average for October.
The board says homebuyers have more confidence than in the first half of the year as prices edge down and interest rates remain low.
The composite benchmark price was down by 6.4 per cent from a year ago to $992,900, and down 1.7 per cent over the past six months.
Detached home sales were up 47.3 per cent, where the benchmark price was $1.41 million. Condo sales were up 40.5 per cent with a benchmark price of $652,500. Attached home sales were up 55.8 per cent with a benchmark price of $771,600.
New listings were down 16.4 per cent in October compared with a year ago at 4,074 combined listings. The total number of active listings was down 5.8 per cent from a year ago to 12,236.