Michelin Guide Awards Its First Hotel Keys in the US
Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
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Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
Abu Dhabi’s biggest property developer plans to ramp up work on a beachfront community, where it aims to build luxury homes in a city that’s emerged as one of the world’s newest wealth havens.
Industrial & Commercial Bank of China Ltd., the nation’s largest lender, reported its first decline in quarterly profit in more than a year as margins continue to contract.
The family behind one of Mexico’s biggest diversified fortunes is ramping up its long-term wager on a US regional bank, joining a wave of the nation’s super-rich expanding their overseas investments.
Message to bond underwriters: Some big customers are sizing up your ESG credentials.
Jul 4, 2018
The Canadian Press
VANCOUVER -- The supply of homes in Metro Vancouver's real estate market hit a three-year high as sales dipped below historical averages last month.
The Real Estate Board of Greater Vancouver reports there were 2,425 home sales last month, a 37.7 per cent decline from June 2017.
Board president Phil Moore says rising interest rates, high prices and more restrictive mortgage requirements are among the factors dampening home buying activity.
Moore says that has allowed the supply of homes for sale to reach levels that they have not seen in the last few years.
There were 5,279 detached, attached and apartment properties newly listed for sale in Metro Vancouver in June, for a total of almost 12,000 for sale, reaching the highest listings figures since June 2015.
The composite benchmark price for all residential properties in Metro Vancouver is $1,093,600, representing a 9.5 per cent increase over June last year.