Moody's says a Sydney house price 'correction' is coming

Moody's says a Sydney house price 'correction' is coming

After rising faster than any other Australian capital city in recent years, Sydney's housing market is slowing. According to data from CoreLogic, price in Australia's largest and most expensive housing market have already fallen 1.7% this year, continuing the modest reversal that began in the final parts of
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March Best Undervalued Real Estate Stocks

Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. Currently, Pioneer Global Group and Hopefluent Group
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How the Bank of Son and Daughter could help your older clients

It's often in the form of a gifted deposit, loan, or as standing guarantor on a mortgage, but there has also been a rise in the number of 'joint borrower, single owner' deals. This type of lending is increasingly used to enable parents to help children onto the ladder by boosting their borrowing power, without
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Discounted Real Estate Stock Picks

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. Currently, Debao Property Development and CWG International are real estate companies I've identified as potentially
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The next election is as much about Labor v Liberals as young v old

This is a win for young people looking to tap the housing market. The recent policy announcement from Labor on superannuation, which abolishes cash refunds for excess dividend imputation credits, will fall almost exclusively on the well-off baby boomer cohort. Young people don't hold many shares in
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Converted Fitzroy cinema stars on property market

“We sold it as the Movie Makers' in 2002 and the previous owners to the vendors did the big conversion,” he said. “It was scheduled to go to auction four years ago but the vendors saw it before it hit the market with us and made an aggressive offer to buy it before … the kids have now grown up and
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Washington Real Estate Investment Trust (NYSE:WRE) Shares Tick 0.00% For the Week

Washington Real Estate Investment Trust (NYSE:WRE) shares saw the needle move 0.00% on the week. The stock closed the most … The closing prices are compared day-by-day to look for trends and can measure market sentiment for any security over the course of a trading day. On any given trading
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Is Buying Anixter International Inc (NYSE:AXE) Here Good Idea?

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.06, from 1.23 in 2017Q2. It is positive, as 18 investors sold Anixter International Inc. shares while 57 reduced holdings. 27 funds opened positions while 70 raised stakes. 26.19 million shares or 0.23% more from 26.13 million shares in 2017Q2
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China Home Prices Rise in Fewer Cities as Deleveraging Deepens

The slower growth comes as authorities sent a stronger signal at the National People's Congress on efforts to curb property speculation and tame runaway prices. Earlier this month, an NPC spokesman said a property tax bill is being drafted, and the head of the nation's banking regulator again called for
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State of Tennessee Treasury Department Buys 22886 Shares of Expeditors International of …

Expeditors International of Washington logo State of Tennessee Treasury Department increased its position in shares of Expeditors International of Washington (NASDAQ:EXPD) by 46.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange
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Societe Generale Is Seeking an Australian Banking License

The French bank wound down much of its Australian business in 2010, when it shifted its foreign exchange and commodities trading from Sydney to Hong Kong, giving up its local deposit-taking license a few years later. But Societe Generale retained a Sydney office, and over the past couple of years
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Foreign Banks Step up in Taiwan

HONG KONG (LPC) – Taiwan's ultra-competitive loan market, dominated by highly-liquid domestic lenders, is turning out to be an unlikely source of … Banking Corp – are also joint mandated lead arrangers and bookrunners along with Mizuho and Taiwanese lenders Bank of Taiwan, Bank Sinopac,
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Monitoring customer home loan expenses is 'hard', 'costly': ANZ

ANZ's executive general manager home loans and retail lending William Ranken appeared before the Hayne royal commission on Monday as public hearings focused on conduct in the consumer credit area stretched into their second week. Mr Ranken attempted to defend the bank's processes which
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Banking royal commission hears ANZ mortgages risk breaching responsible lending laws

Senior counsel for the royal commission, Rowena Orr QC, put it to ANZ's general manager of home loans and retail lending Will Ranken that the bank was falling short of responsible lending laws and guidelines from the bank regulator, APRA. Ms Orr pointed out that the National Credit Act “prohibits ANZ
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Housing market suffers poor February

Housing market suffers poor February … The only good news came in the number of residential units sold so far this year, with 171 units sold the first two months of 2018 over the 166 for the same time a year ago, … An upsurge, however, could be lurking on the horizon for St. Joseph's housing sector.
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Spring may not be so hot for US housing markets

Despite all encouraging signs, including a drop in unemployment and a booming economy, homes sales will suffer. Not enough homes are coming on to the market to meet the demand, causing home prices to go up. Many millennial buyers have already been priced out of the market despite a rise in
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Commercial Mortgages: Bridge loans are an important tool in transforming properties including …

Commercial Mortgages: Bridge loans are an important tool in transforming properties including Stony Point Fashion Park … The Steve Miller Band probably wasn't thinking about short-term commercial estate financing when it recorded the 1976 hit “Fly Like an Eagle” with the famous lyrics “time keeps on
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Saudi Prince Defends Yemeni Bombing Action as US Tour Starts

Saudi Crown Prince Mohammed bin Salman defended his country's bombing campaign in Yemen at the outset of a U.S. tour to generate good will for his nation, accusing rebel forces of exploiting the situation there to win sympathy from the international community. The ruling prince spoke about his
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Tired of waiting?

It's now been six months since I started out as a freelance marketing consultant and also since I started writing this blog, so with time to ponder I decided to review progress and consider what's worked, what's not gone so well and what plans I should put in place for my next six months. Breaking news
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Chinese Central Bank's Departing Chief Leaves a Legacy of Reform – and Debt

Back in 2010, Zhou played tennis in Beijing with Lawrence Summers, then the chief economic adviser to President Barack Obama, and joked that the victor will decide the exchange-rate issue, according to a paper supervised by the official Xinhua News Agency. Zhou won. China under Zhou became
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