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homebuyers

Harris vows to help home buyers, ban food price gouging in sweeping cost-of-living proposals

by Walter Watson
Harris vows to help home buyers, ban food price gouging in sweeping cost-of-living proposals

U.S. Vice-President Kamala Harris announced a sweeping set of economic proposals on Friday meant to cut taxes and lower the cost of groceries, housing and other essentials for many Americans. …

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Home sales fell to historic lows while prices hit record highs in May

by Anas Siddiqui
Home sales fell to historic lows while prices hit record highs in May

(NewsNation) — U.S. home sales in May dropped to the third-lowest level in a decade as homebuyers continue to face elevated mortgage rates, record-high prices and low inventory. Last month, …

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New home construction rose while home sales came down in May

by Anas Siddiqui
New home construction rose while home sales came down in May

The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing …

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Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

by Anas Siddiqui
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC

Mortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and reservations related to the Bank of Canada’s key interest rate — but the slowdown likely …

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Hong Kong’s homebuyers set aside high-rate concerns as they snap up Wheelock’s Park Seasons flats after discounts

by Anas Siddiqui
Hong Kong’s homebuyers set aside high-rate concerns as they snap up Wheelock’s Park Seasons flats after discounts

Hong Kong’s homebuyers turned out for the latest weekend launch of new residential property, as the developer’s discounts assuaged concerns that interest rates could remain high for a longer period. …

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CK Asset launches second batch of Blue Coast project to warm reception as home-buying curbs ease

by Anas Siddiqui
CK Asset launches second batch of Blue Coast project to warm reception as home-buying curbs ease

Among them, one family offered to snap up five flats, while another prospective buyer offered HK$120 million for six flats, sales agents said. Blue Coast, part of CK Asset’s The …

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Opinion | Hong Kong an outlier in making life easier for foreign homebuyers

by Anas Siddiqui
Opinion | Hong Kong an outlier in making life easier for foreign homebuyers

This is patently not the case in other leading housing markets. Knight Frank, which monitors changes in rules and regulations that have implications for wealth flows and property markets, says …

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CK Asset’s Blue Coast flats are 65 times oversold as buyers snap up discounts in Hong Kong’s biggest home launch this year

by Anas Siddiqui
CK Asset’s Blue Coast flats are 65 times oversold as buyers snap up discounts in Hong Kong’s biggest home launch this year

CK Asset’s Blue Coast project in Wong Chuk Hang, one of Hong Kong’s biggest residential launches this year, was snapped up by eager homebuyers rushing to take advantage of attractive …

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Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal

by Anas Siddiqui
Hong Kong homebuyers snap up Uptown East flats worth US9 million in Kowloon Bay, as market rebounds after curbs removal

The first batch of flats on sale include studios and two-bedroom units, ranging in size between 278 and 561 square feet (25.8 and 52 square metres). The units were priced …

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Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place

by Ron Morgan
Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place

Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in …

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