The value of a luxury apartment in Dazhi has dropped by half its original price amid the slipping property value of other buildings and apartments in greater Taipei. According to a Taiwan Realty statement released Wednesday, a top-of-the-market Dazhi luxury apartment sold recently for NT$1.445 million per ping last December, whereas it sold for 50.28 percent more, at NT$2.906 million, at its peak.
Category: Housing
London Homeowners Are Desperately Slashing Prices
More London home sellers are having to cut the asking price of their homes, and they’re offering deeper discounts as political uncertainty and high values dampen demand. “Price cuts seen in prime central London in the immediate aftermath of Brexit are now filtering through to outer boroughs,” said Savills Plc residential research director Lucian Cook.
London Homeowners Are Desperately Slashing Prices
More London home sellers are having to cut the asking price of their homes, and they’re offering deeper discounts as political uncertainty and high values dampen demand. “Price cuts seen in prime central London in the immediate aftermath of Brexit are now filtering through to outer boroughs,” said Savills Plc residential research director Lucian Cook.
OP Corporate Bank plc’s Financial Statements Bulletin for 1 January-31 December 2016
Banking earnings before tax decreased to EUR 260 million due to lower net investment income. The loan portfolio grew in the financial year by 9.7% to EUR 18.0 billion .
Strong evidence of problematic conditions persists in real estate market: CMHC
Canada’s federal housing agency says strong evidence of problematic conditions continues to exist in the national housing market. Canada Mortgage and Housing Corporation says the most prevalent issues it has observed in the 15 markets it monitors are overbuilding and overvaluation, which occurs when house prices outpace economic fundamentals such as income and population growth.
Homebuyers program could be boon for Chilliwack: MLA
As applicants begin to roll in to BC Housing from those looking to take advantage of the new first-time homebuyers program, one local MLA said the program could have a particular benefit to Chilliwack residents. That’s because it only applies to homes under $750,000, a high price locally but at the low end in places such as Metro Vancouver.
Building boom expected to ebb
New home construction in Kelowna surged an astounding 72 per cent in 2016, but it’s expected to fall back this year. “The pent-up demand has been satisfied to some extent, so 2017’s forecast definitely calls for a moderation from 2016,” said Canada Mortgage & Housing Corporation market analyst Taylor Pardy.
Economy in doubt, Brits save
Britons are holding on to their cash in a sign that they may be hunkering down in the face of economic uncertainties, according to the British Bankers Association. Personal deposits grew an annual 4.8 percent in November, data compiled by the association show.
Economy in doubt, Brits save
Britons are holding on to their cash in a sign that they may be hunkering down in the face of economic uncertainties, according to the British Bankers Association. Personal deposits grew an annual 4.8 percent in November, data compiled by the association show.