Canadian home prices fall 0.5 per cent in November

The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed national prices declined 0.5 per cent in November from the month before as four of the 11 cities surveyed weakened. The index was up 9.2 per cent from a year earlier,
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A pension fund is asking a judge to order Hewitt to relinquish his controlling stake in the national tax-preparation service after an internal review found that while running the company, he had sex in his office and hired relatives of female employees with whom he'd had romantic relationships. Liberty's
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The Hindu Business Line reported that JSW Steel, which is in the race to acquire strained assets, has come in support of stressed 'legitimate promoters' who have been barred from bidding for their own companies that have been put under the hammer by the National Company Law Tribunal (NCLT).
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China Yuchai International (NYSE:CYD) was downgraded by stock analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued on Friday, December 1st. Separately, BidaskClub downgraded shares of China Yuchai International from a “strong-buy” rating to a “buy” rating
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Berkadia has announced that it was approved as the first Freddie Mac Seller/Servicer to obtain the National Single Family Rental Designation by Freddie Mac Multifamily. This approval permits Berkadia to sell and service loans secured by single family rental properties nationwide to Freddie Mac.
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Nuveen Real Estate Fund ( JRS ) will begin trading ex-dividend on December 14, 2017. A cash dividend payment of $0.25 per share is scheduled to be paid on December 29, 2017. Shareholders who purchased JRS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the
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Some of the signs seen before the GFC are back, financiers are warning. These include rising debt, strong demand for more loans and an increase in past-due debt, according to KPMG's latest survey of non-bank lenders. Despite profits being well up at these lenders – which include finance companies,
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Loans can be the hardest to get for the people who need them the most. An estimated 45 million Americans don't have a credit score and others have trouble bringing up their scores, even if they are in a better financial position than in years past. While most lenders would consider low-income families
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Hurricane-related disruptions and rebuilding will continue to affecthave affected economic activity, employment, and inflation in the near term,recent months but past experience suggests that the storms are unlikely tohave not materially alteraltered the course ofoutlook for the national economy over the
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Through its Development Credit Authority (DCA), the US Agency for International Development (AID) has agreed to guarantee a portion of agricultural loans totaling USD 15 million to be disbursed by two microfinance institutions (MFIs) in Cambodia, Angkor Mikroheranhvatho Kampuchea (AMK)
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A destitute and homeless man has enjoyed an upturn in his fortunes after stumbling on an unlocked cash depot at a Paris airport and walking away with €300,000. The man, aged about 50, is thought to have been looking for food in rubbish bins at Charles de Gaulle airport when he tried the door of the
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… Carolina,” KDC president Toby Grove said in a statement. “We continuously evaluate current and prospective employees and each of these individuals exemplifies excellence in the industry.” KDC has built more than 33 million square feet of corporate real estate projects valued at more than $7 billion.
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Previously, Sierra Pacific had retail, wholesale and correspondent lending channels, and lent to homebuilders, but now, it's launching a new lending channel specifically for builders. According to the company, the launch of this builder division allows Sierra Pacific to “accelerate growth on a national
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“The banks have been lending in a more cautious manner as a result of LVR restrictions on mortgage lending, their voluntary non-recognition of offshore income in repayment calculations and funding pressures due to higher regulatory capital requirements affecting the big four Australian-owned banks,”
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Stacia Robitaille, wife of former hockey star Luc Robitaille, has tweeted about an uncomfortable experience she had with an allegedly “aggressive” Donald Trump in an elevator at Madison Square Garden years ago. “He was aggressive & told me I was coming home with him. I laughed, stating I was
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The aim was to widen the gap between long- and short-term interest rates, by keeping shorter-term (10-year) government bond (JGB) rates at 0%, as a means of encouraging bank lending. As shown in top two figures above, it seemed to work. Bank lending growth soared as companies borrowed more
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Canadian real estate prices slipped for another month in a row. Numbers from the Teranet, the operator of multiple provincial land registries, shows a third consecutive decline for urban home prices in November. Most of the decline in the index was due the largest component, Toronto, which printed
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21st Century Fox Inc. will retain its real estate portfolio, including the storied 20th Century film and television studio lot in Los Angeles, when it sells a large chunk of assets to Walt Disney Co., according to people familiar with the matter.
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Ascent Real Estate welcomes another exceptional professional, Marianne Blackstone Tabner to its award-winning real estate agency sales team. Blackstone Tabner is known for her stellar reputation for listing and selling residential real estate in the Boston-Northwest markets and as a national business
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Babcock International Group logo Babcock International Group PLC (LON:BAB) insider Mike Turner bought 9,500 shares of the firm's stock in a transaction on Monday, November 27th. The stock was acquired at an average price of GBX 673 ($9.06) per share, for a total transaction of £63,935
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