The real estate sector performs relatively in-line with the wider economy. Prosperous periods bring about high growth and inflation, leading to strong returns in real estate investments. These factors drive the profitability and cash flows of real estate companies, which in turn steer the dividend payout and
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Whereas before there has been a number of banks not lending to low-deposit borrowers at all, now all were open to those loans in some way. “A number of lenders were out of the over-80 per cent market and that put a damper on their ability to get other business. Now they are able to do that they are
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The MDM is accountable for maximizing branch revenues, sales, and client satisfaction while minimizing operating losses. He/she creates and manages their banking center business plan. This individual will be responsible for branch compliance with bank policies, procedures, and operational integrity.
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After rising faster than any other Australian capital city in recent years, Sydney's housing market is slowing. According to data from CoreLogic, prices in Australia's largest and most expensive housing market have already fallen 1.7 per cent this year, continuing the modest reversal that began in the final
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Stakeholders in the Real Estate sector have commended Governor Akinwunmi Ambode of Lagos State over 50 per cent reduction in the hitherto controversial Land Use Charge (LUC), describing him as a listening governor. The Chairman of the Lagos State chapter of the Nigeria Institution of Estate
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Securing a presence in Northwestern Michigan where Traverse City State Bank has five offices significantly opens the market for Independent Bank, which first ventured into the area in early 2017 with home mortgage and retail lending offices. Independent Bank in particular has a much higher in-house
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MARKETINVOICE has reached £2bn of cumulative lending and expects to hit £3bn by the end of the year. The business finance company said on Monday that the first £1bn was achieved after five years of trading and the second £1bn took just 14 months to reach. â2017 was a productive year for
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March 19 (Reuters) – China's new home price growth slowed in February from the previous month as a raft of government curbs aimed at tempering speculative demand softened prices in the biggest cities, although overall growth remained firm. Average new home prices in China's 70 major cities rose
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The nation's third last lender, with about 15 per cent share of the mortgage market, is heavily discounting principal and interest, owner occupier loans to 3.69 per cent. The new rate, which is being promoted through its broker network, is a 1.42 per cent discount off the current advertised rate for the base
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ANZ has admitted it does not independently verify the monthly expenses of people applying for a home loan, an approach that would seemingly put the bank in breach of credit laws in Australia. The bank's head of home loans, William Ranken, told the banking royal commission on Monday ANZ relied
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Growth in the cost of new housing in China's major cities rose in February in the latest indication of the property market since the country's premier reiterated that housing was ânot for speculationâ. The average cost of new housing in 70 major cities rose 5.2 per cent year on year on in February, according
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Former South African President Jacob Zuma's prosecution for graft appears at first glance to be a victory for the anti-corruption campaign of the nation's new leader, Cyril Ramaphosa. Yet it also carries risks for his ruling African National Congress. Not only will a drawn-out trial be a constant reminder to
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Nearly every industry is trying to figure out how to get on the âdata-drivenâ bandwagon with its promise of untold value locked away in mountains of data. However, not only is the real estate industry lagging in the adoption of advanced analytics technologies, it's lagging in much more fundamental areas
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A third wave of macro-prudential measures may be in store for Australia's mortgage market as regulators switch their focus to responsible lending standards, UBS says. And the bank's Australian economics teams said the implications are for “a potentially material negative impact on housing and the
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Tariffs that result in reduced consumption of products would also depress financial markets, the groups said. They urged the administration to work with them to find effective, alternative responses to Chinese trade practices. âImposition of unilateral tariffs by the Administration would only serve to split the
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The difficulties experienced by some small businesses when dealing with large banks may have led to an increased interest in non-bank lending. Scottish Pacific CEO Peter Langham said the growth potential for the non-bank lending sector is significant. âThe Index found that for SMEs with plans to
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Only one local authority area in the whole of England and Wales is yet to see average house prices pass the £100,000 mark, analysis has found. Blaenau Gwent in South Wales now stands alone out of the 348 local authorities, with Burnley having finally seen the average price of flat and house sales tip
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Red has long be special in Chinese culture, representing good fortune – but not necessarily its rulers. For centuries, China's emperors were equated with the color yellow while they surrounded themselves with walls of deep vermilion. Not until after the Communist Party swept to power in 1949, did red,
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Three other surveys — published separately by the Mainichi newspaper, Kyodo News and the NNN news network — found similar falls in public support for Abe. They were all conducted after the finance ministry's admission last week it had doctored documents relating to the sale of public land for a
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Display makers in Asia fell after Bloomberg News reported the plans. Japan Display dropped as much as 4.4 percent, Sharp tumbled as much as 3.3 percent, Samsung slid 1.4 percent and BOE Technology Group was down 2.7 percent. Controlling MicroLED technology would help Apple stand out in a
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