Saudi Arabia Is Making a High-Risk $1 Trillion Bet on Tourism
The kingdom must overcome a conservative image and concern about human rights. Visit the desert oasis town of AlUla to understand the challenge.
Latest Videos
The information you requested is not available at this time, please check back again soon.
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.
China’s securities regulator said it will encourage the nation’s companies to list in Hong Kong as it unveiled a package of measures to bolster the city’s position as an international financial hub.
Nov 7, 2017
The Canadian Press
VANCOUVER - A real estate association watching Metro Vancouver's tight and costly housing market predicts conditions should begin to ease by the third quarter of 2018.
The British Columbia Real Estate Association says home builders are responding to a lack of available homes across the region by dramatically increasing multi-family housing starts.
Starts across Metro Vancouver surged 40 per cent to 22,700 units in 2016, while the report says an estimated 19,700 multi-family homes were started so far this year, and a further 19,000 units are forecast in 2018.
The association's report says data on estimated completion times of the developments suggests available suites in new apartment projects should rise from fewer than 4,000 units per quarter in 2016 to about 6,000 by late next year.
Most of the units are pre-sold, but the report says renters who are buying homes will free up needed rental suites, while owners moving to new units will bolster a scarce supply of housing as their former properties go on sale.
The study says a surge in multi-family completions isn't the only solution for housing affordability in Metro Vancouver.
But it says a significant increase in the supply of homes can help keep a lid on climbing rents and house prices.