Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
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A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
Whirlpool Corp., the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow US home sales limit demand.
Chicago Bears officials alongside Mayor Brandon Johnson unveiled plans for a $4.7 billion project to build a publicly owned, enclosed stadium and enhanced lakefront area.
Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
Blackstone Inc. and KKR & Co. mortgage real estate investment trusts are grappling with deteriorating office loans as higher interest rates and weak demand drive down property values.
Aug 16, 2017
Home sales across the Greater Toronto Area continued sliding into the middle of August, pushing prices into bear-market territory.
Purchases sank 35.6 per cent year-over-year in the first 14 days of August, according to Toronto Real Estate Board data obtained by BNN.
That marked a slight moderation from July, when full-month sales plummeted 40.4 per cent. Meanwhile, new listings fell 10 per cent year-over-year in the first half of August, according to the data released on Wednesday.
The average selling price at mid-month was $731,614, marking a 20-per-cent decline from the April peak of $920,791.
Toronto's housing market has been in the grips of a summer chill in the wake of government intervention after the provincial Liberals implemented a 16-point plan in late April in a bid to improve affordability amid rampant bubble fears early in the year.