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01.09.26 - 15:06
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UK Mortgage Approvals Lowest Since 2024 (AFX)
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LONDON (dpa-AFX) - UK mortgage approvals declined to the lowest since early 2024, while consumer credit reached its highest level since late 2025, the Bank of England said Tuesday.The number of mo......
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01.09.26 - 14:06
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Sino Land profit rises 14% as property losses narrow, but core earnings fall (SCMP)
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Sino Land's annual profit rose 14 per cent as losses on its investment properties narrowed, although a decline in underlying earnings pointed to continued pressure on its core business.
Net profit attributable to shareholders rose to HK$4.59 billion (US$585 million) in the year ended June 30, from HK$4.02 billion a year earlier, the Hong Kong developer said on Tuesday. Losses from the revaluation of investment properties narrowed to HK$192 million from HK$1.08 billion.
Strip out those valuation......
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01.09.26 - 10:48
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UK house prices rise for first time since April, says Nationwide (The Guardian)
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Average price of home rose 0.2% month on month in August to £275,465 as market awaits interest rate voteUK houses near top state secondary schools cost £40,000 more, research revealsUK house prices increased for the first time in four months in August, according to a leading index, as buyers and sellers remain in a “holding pattern” before an expected increase in interest rates later this year.The average price of a British home rose 0.2% month on month in August to £275,465, the first increase since April, according to Nationwide. Analysts had forecast a 0.1% rise in house prices. Continue reading......
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01.09.26 - 06:00
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Rate rise expectations mount in Hong Kong property market following Fed chief′s comments (SCMP)
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With expectations of a quarter-percentage-point increase in the US Federal Reserve's target interest rate increasing following comments by Fed chairman Kevin Warsh last week, the Hong Kong property market is bracing for its potential impact.
Following Warsh's comments at the Jackson Hole economic symposium on Friday, the CME FedWatch tool, which tracks Fed funds futures contracts, indicated that expectations of a rate rise in the United States this month had doubled, with markets pricing in a 60......
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