Signa Agrees Sale of Iconic Venice Hotel to Schoeller Group
Signa Prime Selection AG has agreed to sell three Italian properties, including the five-star Hotel Bauer in Venice, to the Schoeller Group.
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Signa Prime Selection AG has agreed to sell three Italian properties, including the five-star Hotel Bauer in Venice, to the Schoeller Group.
NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased while customers started to feel more confident.
Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.
Hong Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs revived sales.
Greater China’s property market crisis and the challenges it poses for lenders will be on full display on Monday, when embattled developer China Vanke Co. and the region’s biggest banks report earnings.
Aug 2, 2017
The Canadian Press
VANCOUVER - The Real Estate Board of Greater Vancouver says the typical price of a home in Metro Vancouver has surpassed $1 million.
The board says the composite benchmark price for all residential properties in the area is currently $1,019,400, up 8.7 per cent from July 2016.
The benchmark price for detached properties in the area is about $1.612 million, for attached properties $763,700 and for apartments $616,600.
While home prices jumped, there were more listings and fewer sales in Metro Vancouver last month.
The board says there were 2,960 residential property sales in the region -- down 8.2 per cent from a year ago -- and 5,256 properties were newly listed for sale last month. That brought the total number of properties above 9,000 for the first time this year.
Today also marks the one-year anniversary since the province's former Liberal government imposed a 15-per-cent foreign buyers' tax, aimed at cooling the hot housing market. The new NDP government has said it's reviewing whether the tax and other measures were effective.