Sydney auction clearance rates just hit the lowest level seen in months

Sydney auction clearance rates just hit the lowest level seen in months

Australian auction clearance rates continued to soften last week, driven down by renewed weakness in Sydney. A larger number of properties went under the hammer across all capital city markets. CoreLogic will release data on price movements in two separate reports in the coming days.
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QSE crosses 9100 levels on industrials, telecom and realty buy interest

The Qatar Stock Exchange on Sunday crossed the 9,100 levels mainly on the back on strong buying in industrials, telecom and real estate scrips. The bullish … Milaha, Barwa, Masraf Al Rayan, Mannai Corporation, Widam Food and Gulf International Services were among the major losers. Domestic
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Fate of Rivertown Crossings reflective of broader retail uncertainty

The uncertain future of Rivertown Crossings Mall in Grandville has cast a pall over West Michigan's retail real estate market, where demand from new entrants is strong but places to put them remain in short supply. Given the impending closure of the mall's Younkers department store as parent company
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Favorable Press Coverage Somewhat Unlikely to Affect Federal Agricultural Mortgage (AGM) Stock …

Media headlines about Federal Agricultural Mortgage (NYSE:AGM) have been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies
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Lake City Hosts First Parade of Homes In 10 Years

Debi Bennefield works as a realtor and was showing houses during the parade, she said “People are getting excited to change their situation whether it's sell their current home and move into something newer, first time home buyers. We're actually seeing millennials get out and find some homes,
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The risk that many people ignore

Another obvious example of this is the housing market. A home may be valued at R1 million, but in a downturn it is unlikely to realise that much. If market conditions are poor and there is little demand, buyers may only be offering R800 000 or less. An owner who is in need of cash or has some other
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Vietnam Airlines CEO Considers Boosting Revenue With Cargo Units

Vietnam Airlines Corp. is looking to start a dedicated cargo unit as companies, such as Samsung, set up manufacturing facilities providing an air freight opportunity for the national carrier. Vietnam Airlines Chief Executive Officer Duong Tri Thanh spoke to Juliette Saly in Singapore. (Source: Bloomberg).
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AMP boss Catherine Brenner resigns after royal commission hearing

He was expected to resign at the end of this year but decided to quit in the wake of the royal commission's disturbing revelations. AMP and the nation's big four banks have already paid almost $219 million in compensation to more than 310,000 financial advice customers charged fees for no service.
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Hawaiian Holdings: Strong In The Face Of Competition

Hawaiian Holdings (HA) looks to be reversing higher after a multi-year pullback due to increased industry competition. Management continues to deliver strong operating results, while looking for new growth opportunities and competitive advantages. Its share price is gaining upward momentum as
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Bank chairman steps down as scandals unfold

The chair of a non-major lender has stepped down from the board just one week after the bank lost its CEO after the royal commission heard widespread evidence of misconduct within the group. AMP today announced that chairman Catherine Brenner has stepped down from the board. Mike Wilkins will
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Calgary's commercial property woes linger despite upturn in Alberta economy

This does not necessarily mean that 5/5, which is owned by Alberta realtor Strategic Group, is in financial trouble. Indeed, the company, led by Calgary real estate mogul Riaz Mamdani, was able to make its loan repayments on time and managed to renegotiate its loan terms with a one-year extension,
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Live Nation Offers $20 Tickets to More Than 80 Indy Shows

If you weren't already excited about the summer concert season, this should help. Live Nation has announced that “National Concert Week” will take place April 30 through May 8. They'll celebrate this by offering exclusive $20 all-in tickets to more than 80 shows taking place in Indianapolis this summer.
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China buys stake in WA water supply

China has a stake in WA's water supply after buying a quarter of a water treatment plant that feeds the pipeline to Kalgoorlie. Beijing Enterprises Water Group International last week finalised its purchase of Australian water company TRILITY, which is part of the private consortium behind the Helena
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The amount borrowed by first home buyers topped $900 mln last month – the first time this figure …

By David Hargreaves. The amount borrowed by first home buyers last month hit the highest level since the Reserve Bank started releasing detailed mortgage-borrower-by-type information in 2014. The latest Reserve Bank figures highlighting mortgage figures for March show that first home buyers
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Labour to seek cap on interest payments and overdraft fees

The FCA announced the payday lending cap in 2014; people using payday lenders and other providers of high-cost short-term credit saw the cost of borrowing fall with a promise they would never have to pay back more than double what they originally borrowed. The cap provides for a maximum daily
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Asian Stocks Set to Trade Mixed; Dollar Edges Up: Markets Wrap

Asian stocks look set for a muted start on Monday, with Japan and China closed for holidays, as investors weigh some better-than-forecast U.S. corporate earnings against signs of slowing economic growth elsewhere. The dollar edged up. Futures gained in Hong Kong and Seoul, while they were flat in
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AMP under pressure on executive pay, as Brenner tipped to go

The Royal Commission into the Banking and Financial Services Sector heard that between 2012 and 2015 AMP had a deliberate plan to charge clients fees despite knowing they were not receiving any services. The royal commission heard evidence Ms Brennan received a draft copy and provided
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'The market is hot:' MBA offers free 'Spring Tour' of nearly 60 homes, condos, communities

WAUKESHA — For a limited time, the Metropolitan Builders Association of Greater Milwaukee is inviting you into nearly 60 homes, condos and communities, and both buyers and sellers can use this free event to their advantage. As the temperatures warm this spring, so does the housing market.
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In Hainan, China's Hawaii, a hot property market proves hard to cool

And, as a long-time resident, Zhang has personally witnessed the potential of its property market. In the past eight years, the value of his 100 sq metre apartment in Haikou City has risen fivefold to US$385,000. “I tell my friends having a property in Hainan will be their best buy, whether as somewhere to
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