Fitch Ratings has downgraded the outlook on China's sovereign credit rating from stable to negative.
real estate
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
China's real estate giant Evergrande and its founder, Hui Ka Yan, are accused of inflating revenues by $78 billion over two years before the company defaulted on its debt.
Experts suggest that the ideal time for home selling is in June, with an estimated $7,700 boost, reflecting shifts in real estate buyer behavior due to factors such as the pandemic and mortgage rate fluctuations.
The recent settlement announced by the National Association of Realtors is set to address concerns about inflated home prices and introduce fairer practices, including negotiable commissions and increased transparency, benefiting both buyers and sellers.
The National Association of Realtors has announced a $418 million settlement to address antitrust litigation, potentially leading to cost reductions for homebuyers and sellers.
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Recently, it just had closed its TSP Value and Income Fund I.
Unmeed says that Duane Park is excited about partnering with Ashutosh and his superb team, all of whom have extensive experience in affordable housing finance. The market is growing and dynamic, and Ummeed will emerge as a leader through its organic growth strategy and partnerships
Sluggish sales and the new regulatory bill in India's real estate sector have turned to be favorable for Godrej Properties which is now making heavy investments to cash in on available opportunities in an otherwise sluggish real estate market.
The Reserve Bank of India (RBI), India's central bank, has reduced repo rate by 25 basis points to 6.50 percent, indicating an over five-year low. After the rate cut, home loans will be cheaper by half a percentage.
The world's second largest economy showed positive signs as resurgent sales in the real estate sector boosted growth during March. However, China recorded drop in exports and freight segments.
Scotland commercial property recorded 33 percent growth rate in investments during the first quarter of 2016. Office buildings are adding value to Scottish property market. Over 40 percent of investments came from overseas investors.
US-based Western Alliance Bank has decided to buy GE Capital assets from General Electric Co. The deal is expected to be completed by end of 2016. General Electric will focus on its core industrial operations.
Price of iron ore rallies as China's property market showed further sign of recovery. Surge in the price of iron ore also correlated with increase in steel futures.
Sales of existing homes declined in February, reflecting poor demand in housing sector amid higher prices and weak inventory.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags
- IBM Set to Acquire HashiCorp in Possible Mega-Deal, Stock Skyrockets 24% to $6.1 Billion Valuation
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Student Loan Forgiveness Processing for This Group of Borrowers Will Stop Next Week
- Samsung to Implement Six-Day Work Week for Executives Slammed by Critics 'Not Effective'
- Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months
- Oracle CEO Reveals Plans to Relocate World Headquarters to Nashville, Citing the City’s Reputation as Well-Established Health Center