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Housing Prices

Opinion | China’s real-estate market enters a new phase as cities end bitter war against property speculators

by Anas Siddiqui
Opinion | China’s real-estate market enters a new phase as cities end bitter war against property speculators

Chinese cities are rushing to dismantle a long-standing housing policy regime designed to keep speculators at bay, with Hangzhou and Xian being the latest major cities to remove all home …

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Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

by Anas Siddiqui
Hong Kong property: most middle-income households see prices rising now restrictions are in the past, Citibank survey finds

Among them were 200 who fell into an “affluent segment” with liquid assets of HK$1.5 million (US$190,000) or above. Almost three quarters of the wealthier respondents expressed an interest in …

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‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

by Anas Siddiqui
‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. …

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As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

by Anas Siddiqui
As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

CK Asset Holdings will also launch 15 of the 70 remaining units in its El Futuro project in Sha Tin. The first batch of the project was launched in 2020. …

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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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Equifax says mortgage-holders in B.C., Ontario, increasingly missed payments during Q4

by Anas Siddiqui
Equifax says mortgage-holders in B.C., Ontario, increasingly missed payments during Q4

Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said. The fourth quarter saw a continuation of …

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Monthly Costs of the 10 Most Expensive Cities in US: Guide

by Anas Siddiqui
Monthly Costs of the 10 Most Expensive Cities in US: Guide

This article originally appeared on Business Insider. Six of the 10 most expensive US metros for families are in California. Business Insider looked at the monthly costs for households with …

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Bank of Canada says government efforts to curb housing crisis will help ‘gradually’

by Anas Siddiqui
Bank of Canada says government efforts to curb housing crisis will help ‘gradually’

The Bank of Canada says record levels of immigration are driving up the cost of housing and recent government efforts to cut the number of non-permanent residents and encourage home building …

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Surge in newcomers putting pressure on inflation via housing demand: BoC official

by Anas Siddiqui
Surge in newcomers putting pressure on inflation via housing demand: BoC official

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without …

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Lenders Offer Buy Now, Refinance Later Free—What’s the Catch?

by Edgar Davis
Lenders Offer Buy Now, Refinance Later Free—What’s the Catch?

Mortgage rates have soared over the past year and now stand at 7.79% for a 30-year fixed-rate mortgage, per Freddie Mac. Amid the skyrocketing rates, many would-be buyers have been …

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