Latest Land Registry figures, published last week, largely confirm that the house sales boom over the summer months shows little sign of slowing.
Read more: https://bit.ly/3lgJp8B
Monthly Archives: November 2020
As Russian real estate booms, central bank warns of bubble risks
MOSCOW, Nov 27 (Reuters) – Russia’s real estate market is booming, fuelled by record-low interest rates and a state-subsidised mortgage programme, prompting the central bank to consider ending a COVID-19 support measure to prevent a housing bubble, data show and analysts say.
Read more: https://reut.rs/3fFu2FA
Commercial property ‘to remain under pressure’
CAPE TOWN – THE DOWNWARD correction in the commercial property market was expected to continue next year even though the economy would fare better than it did this year, FNB Commercial Property property strategist John Loos said on Thursday.
Read more: https://bit.ly/2VeCtyd
Local businesses growing despite economic challenges of pandemic
In spite of the global pandemic and the ensuing economic unrest facing so many business owners, Devon’s local businesses continue to find ways to innovate and expand.
Read more: https://bit.ly/3lKipyJ
Takashimaya chases new identity as developer, starting in Vietnam
TOKYO — With its mainstay department store business foundering amid the coronavirus pandemic, Japan’s Takashimaya has turned to property development overseas as the company’s next engine for growth.
Read more: https://s.nikkei.com/36c8hud
No tax hike, please, say Morinville businesses
Morinville business owners called on town council last week to hold off on a proposed six-per-cent tax hike this year in light of the pandemic.
Read more: https://bit.ly/37eG3OK
How to break the late rent, missed mortgage payment cycle
As many as 35 million Americans are facing the possibility of eviction due to an inability to make housing payments on time. In some states, such as Mississippi, Florida, and West Virginia, the proportion of renters facing the possibility of eviction exceeded 50% earlier this year.
Read more: https://cnb.cx/2VfCEt7
Western United and a local council are building a $150 million football stadium essentially out of thin air, thanks to a concept called value capture
Western United has kicked goals in the A-League, almost making the grand final in its debut season.
Read more: https://ab.co/2V8OoO6
Reserve Bank raises spectre of wave of ‘managed sales’ of homes in March
The Reserve Bank has raised the spectre of a wave of “managed sales” of homes early next year, belonging to borrowers who can no longer afford their repayments.
Read more: https://bit.ly/3laaN8q
Opinion: Why a PST is not the right solution for Alberta now or ever
It’s a seasonal tradition as predictable as the migratory pattern of geese. Every budget season, we can count on the usual suspects to advocate for a PST as a solution to Alberta’s financial challenges.
Read more: https://bit.ly/2KAIFP4