Auckland housing market perks up in March

Auckland housing market perks up in March

April 5 (BusinessDesk) – The Auckland residential property market showed some signs of life in March with sales reaching their highest point in 12 months, according to the city's largest realtor. The average sale price for March was $931,292, up 1.3 percent on February's average, but still down 3.8
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Mortgage stress keeps rising

Across Australia, more than 956,000 households are estimated to be now in mortgage stress (last month 924,500). This equates to 30.0% of households. In addition, more than 21,000 of these are in severe stress, no change from last month. We estimate that more than 55,000 households risk 30-day
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How This Condiment from North Philly Is Influencing Chefs Around the Country

(Shelby, who graduated with a business degree from the University of Pennsylvania, is Soom's CEO, and Jackie is based in Israel and is the VP of international sourcing.) “I was a traveling saleswoman,” she laughs at what she calls her totally shameless approach. “I pulled along a rolling backpack, filled
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Institutional Investors Are Buying Town Sports International Holdings Inc (NASDAQ:CLUB)

Town Sports International Holdings Inc (NASDAQ:CLUB) institutional sentiment increased to 2.07 in Q4 2017. Its up 0.57, from 1.5 in 2017Q3. The ratio increased, as 31 active investment managers increased or started new stock positions, while 15 sold and decreased their equity positions in Town
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Marine injured in Afghanistan receives mortgage-free home

MASCOUTAH, Ill. – The Poggi family's first visit to their custom-built, mortgage-free house in Mascoutah, IL brought tears. “I can't tell you,” said U.S. Marine Lance Corporal James Poggi, sobbing about his wife Stephanie. “It restores the feeling of being a man again. Not having to have her start showers
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Banks' charge for SMS not in line with RBI guidelines; customers ending up paying more

KOLKATA: Charges for SMS alerts on banking transactions may not squeeze account holders much but can be a reasonable earning for many banks, especially in accounts with meagre monthly transactions though income from SMS alert service goes against the advisory from the sector regulator.
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Development plans in Novato's North Redwood corridor in flux

Flynn said recent development interest by Residence Inn is a good example of current market trends and a slowdown in retail development, “so we would … More than 100 people showed up for the first workshop, which provided information on the local real estate market, identified opportunities and
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Commonwealth Bank under fire for 25-hour outage that stranded customers, delayed payments

The technical problems, which began after 8am on Wednesday, appeared to wipe the balances of CommBank customers' credit cards, personal loans, and mortgages, and also disabled bank transfers and BPAY bill payments. Some Commonwealth Bank customers reported receiving Centrelink
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Carrington Mortgage introduces new non-prime products

The company said the new offerings are ideal for consumers who may not be eligible for conventional or government loan products due to lower credit scores, high debt-to-income ratios, self-employment, or a recent credit event such as foreclosure, bankruptcy, missed credit card, or late mortgage
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Poll: What Impact Will AI Have on the Commercial Real Estate Industry?

We want to hear from you. Tell us what you think in the poll below, then sign up to see the results in the next edition of Nareit News Digest, our monthly compendium of the most popular content produced by Nareit. Read More News About: Nareit developments. The Nareit Developments section on
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Nearly 80% of Banking Execs Worried Old Tech Will Kill Their FIs

Survey shows the need for tech to be more flexible and able to support rapid banking innovation. … Nearly four out of five bank operations leaders believe their financial institutions might not be around much longer if they don't update their technology, according to a new report by Accenture Research.
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Brookfield Closes in on Buying $185M India Office Block and More Asia Real Estate Headlines

In addition to Brookfield's reported offer for a Hyderabad office block, global brokerage Savills is looking to lure Chinese capital to Polish properties, and JD.com is ready to offer overseas homes to Chinese buyers via its e-commerce bazaar. Also in the headlines, mainland residential developers are
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MPC retains lending rate at 14%

The Monetary Policy Committee (MPC) has once again retained the Monetary Policy Rate at 14 per cent due to persistent uncertain economic conditions and high inflation. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele said this while briefing newsmen on the outcome of the first MPC
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House Hunting in … Wales

Most buyers don't hire a real estate agent to represent them, Mr. Cheshire said, although they usually hire a lawyer. Lawyers' fees may range from 300 pounds, or about $421, for a small modern property to 0.5 percent of the sale price on a larger transaction, which could end up costing as much as 5,000
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More from the List: Tampa Bay's top commercial real estate brokerages

For the second consecutive year, Cushman & Wakefield topped the List of commercial real estate brokers. The List is ranked by total dollar volume (sales plus leases) handled out of Tampa Bay offices in 2017. Cushman had a total volume of $3.9 billion in 2017, an increase of more than $600 million
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Fannie Mae now lets lenders pay into borrower closing costs

Fannie Mae announced this week that it will now allow lenders to contribute to borrowers' closing costs, as long as the money is a gift and is not used towards a borrower's down payment. Over the last few years, Freddie Mac on a larger scale, and Fannie Mae on a smaller scale, allowed lenders to gift
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In tight market, local Realtors working around the clock, Wichita agent says

“The market is strong and agents are working long hours, seven days a week,” Kemnitz says. “We're starting to feel the pressure, especially in the $150,000 to $200,000 range.” A report released Tuesday from global real estate data firm CoreLogic Inc. showed that home sales in Wichita were up 6.8%
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Toronto homes sales, prices slump in March

The average selling price for a detached home, the most expensive segment of the market, plunged 17.1 percent, while the average condo price rose 6.1 percent. Toronto's housing market has cooled since last April, when the Ontario government introduced a foreign buyer tax and other measures
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Finansinspektionen -Analysis 12: The Mortgage Cap Reduced Household Debt

This FI Analysis presents an assessment of the Swedish mortgage cap. The analysis indicates that the mortgage cap has changed household behaviour. Households with new mortgages borrow less than what they would have done if FI had not implemented the mortgage cap. They are also buying less
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One comment on “Auckland housing market perks up in March

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