New US Home Sales Jump to Highest Level Since September
Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out high mortgage rates.
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Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out high mortgage rates.
Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in the City of London, including a potential sale of a stake in the project.
Germany’s financial regulator BaFin is taking a closer look at the real estate used by lenders to secure covered bonds known as Pfandbriefe, a €400 billion market traditionally considered among the safest in credit.
Taylor Wimpey Plc is failing to see lower mortgage rates translate into higher levels of home sales and is maintaining its forecast for fewer deals in 2024.
Chinese mainland investors increased their portion of total turnover of Hong Kong stocks to a record daily average in April, with the latest measures to bolster the city’s position potentially boosting their purchases.
Sep 7, 2017
Montreal's housing market continues to heat up, with the city's real estate board reporting a record month of sales.
Home sales across the Montreal metropolitan area rose eight per cent to 2,899 last month. The Greater Montreal Real Estate Board said that's the highest level of activity on record for the month of August.
“The Montreal real estate market has been building an impressive track record,” said GMREB President Mathieu Cousineau in a press release Thursday. "The last monthly drop in sales dates back to February 2015."
That continued momentum is shifting power in buyers' favour as inventory dries up. Indeed, the real estate board said active listings in Montreal fell 15 per cent year-over-year in August.
The median price of a single-family home in Montreal rose six per cent last month to $325,000.