Mike Cagney’s Figure Technology Taps Tannenbaum as Its New CEO
Figure Technology Solutions Inc. tapped Michael Tannenbaum as its new chief executive officer, ahead of the financial-services firm’s potential initial public offering.
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Figure Technology Solutions Inc. tapped Michael Tannenbaum as its new chief executive officer, ahead of the financial-services firm’s potential initial public offering.
Sales of new homes in the US bounced back broadly in March as an abundance of inventory helped drive prices lower.
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.
Sep 1, 2017
BNN Bloomberg
,Quebec Finance Minister Carlos Leitao says his province has no plan to implement a foreign homebuyers’ tax right now, despite signs that the market is heating up.
“At this point, we have no intention of doing that,” he told BNN in an interview Friday. “However, we are closely monitoring the situation. We saw what happened in Toronto and in Vancouver.”
“In Montreal, prices are rising, but that is being driven by demand,” he added, noting supply is keeping pace.
The latest data from the Greater Montreal Real Estate Board revealed home sales jumped 16 per cent in July.
Prices for the month climbed as well, with the median price of a single-family home rising $323,000, up eight per cent from July 2016. And the median condominium price edged up two per cent to $256,000.
But still, Leitao says Quebec is “in a relatively well-balanced market.”
He says, however, the province is ready to make a policy move if necessary.
“We are ready,” he said. “If need be, we can do that. But at this point we have no intention of doing so.”