Abstract. Using data on house sales and inventories, this paper shows that housing-market dynamics are driven mainly by listings and less so by transaction speed, thus the decision to move house is key to understanding the housing market. The paper builds a model where moving house is essentially
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But Purplebricks chief executive Michael Bruce said his company was better placed to weather a cooler market than its competitors. He said: âThe overall market is flat I would suspect, but nevertheless for us it's growing.â Mr Bruce was speaking after Purplebricks reported a 150pc surge in revenues to
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The Biggest Little City's supply of affordable single-family houses stood at less than a month at the end of November as growth and strong demand continues to gobble up inventory shortly after it hits the market. Housing demand in Reno-Sparks is fueling a record pace for the number of single-family
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Dominion pulled out when the housing market fell and costs to clean up the property became prohibitive. Angela Snyder, a resident of the Hilltop's Westgate neighborhood, said she wishes Woda's next Wheatland Avenue project wasn't a low-income apartment project for all ages, to be built next to the
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South Korea will move to rein in the frenzy around bitcoin by banning minors from opening accounts on exchanges, and possibly by taxing capital gains from the trading of cryptocurrencies. Reuters reported the proposals following an emergency government meeting on Wednesday. According to an
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As we look at analogous events to the development of the Dubai real estate market, one of the examples that keeps cropping up is that of Berlin. Although considered to be a Tier 1 city in terms of development, it faced two sets of challenges over the last 50 years that made it an outlier of Europe.
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Statistically, the area's housing market last month was one of the most notable Novembers in several years, especially in regards to closed sales, pending sales, median sales price, new listings and inventory levels. That's according to data released Tuesday by the Greater Lehigh Valley Realtors group,
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Democrat Jesus âChuyâ Garcia — a Bernie Sanders ally and icon among Hispanic progressives who came close to politically toppling Chicago Mayor Rahm Emanuel two years ago — is now looking to shake up Capitol Hill. The immigrant-rights advocate and former alderman will run for the heavily
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Coinbase, one of the biggest platforms, earlier tweeted traffic was at an all-time high after bitcoin surged to a record $11,434 at 9:11 a.m. in Bloomberg composite pricing. The cryptocurrency is extremely volatile and susceptible to major dips — it's fallen by at least 25 percent on three separate occasions
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Most title companies âgo the extra stepâ to verify whether deferred taxes are owed before going to settlement with the next buyer of the deceased's
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Former Bank of England Deputy Governor Charlie Bean said âit's very difficult to believe that ultimately bitcoin is not a pretty classic bubble.â âWith bitcoin at the moment, it just doesn't involve a large enough section of the population, financial institutions and so forth, to be a threat to financial stability.â.
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Charlotte ranks seventh on the National Association of Realtors' list of the nation's 100 largest metros ranked based on forecasted home sales for
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Prudential Financial Inc. increased its holdings in shares of Encore Wire … and industrial buildings, homes, apartments, and manufactured housing.
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After the mortgage market collapsed, it shifted into specialty commercial lending and expanded its business on a national scale. And when regulators
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Mortgage rates edged higher in October as 30-year, fixed-mortgage interest rates averaged 3.90 percent in October, up from 3.81 percent in September and from 3.47 percent in October 2016, according to Freddie Mac. CAR reported that the five-year, adjustable-rate mortgage interest rate also ticked
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The firm owned 130,050 shares of the technology company's stock after buying an additional 3,714 shares during the period. American International Group Inc. owned about 0.27% of j2 Global worth $9,608,000 at the end of the most recent quarter. Other large investors have also bought and sold shares
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The transportation department is negotiating with the government of Japan for the grant of a financing package for the maintenance and rehabilitation
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Home prices rose 6.5% in the third quarter from the same period last year, according to the Federal Housing Finance Agency's Home Price Index.
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New Zealand's second tier of licensed banks have ramped up their lending to residential property developers at a time the dominant players have
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The Georgia District Office of the U.S. Small Business Administration reported its fiscal year 2017 lending numbers, showing record levels of small
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