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08.07.26 - 01:30
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Hong Kong′s property market set to cool despite run of record-breaking deals (SCMP)
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Hong Kong's residential property market has regained momentum in recent months amid a string of record-breaking deals. But analysts warn that the rally is likely to cool in the second half of the year, as a weaker stock market weighs on investor sentiment.
A string of huge deals in the city has generated buzz in recent days, with a five-bedroom flat at Sun Hung Kai Properties' Cullinan Harbour in Kai Tak selling on Monday for HK$247.9 million (US$31.6 million) – a record for the project and for......
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07.07.26 - 16:18
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UK house prices rise for first time since start of Iran war (The Guardian)
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Typical property cost £299,330 in June, 0.2% more than the month before, says LloydsBusiness live – latest updatesHouse prices across the UK have risen for the first time since before the onset of the Iran war, leaving property values narrowly below those at the start of the year, according to a survey.The typical property cost £299,330 in June, a 0.2% increase on the month before. This came after a monthly drop of 0.2% in May, according to the latest Lloyds house price index, previously known as the Halifax HPI. The annual growth rate edged higher to 0.6% from 0.5%. Continue reading......
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07.07.26 - 08:30
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UK house prices rise in June despite ′wider economic uncertainty′ – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.UK house prices nudged up 0.2% in June compared with the month prior, according to new figures from the lender Lloyds.Recent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations. While affordability remains stretched for many buyers, mortgage rates have eased from their recent highs, offering some encouragement to those considering a move.While latest industry data shows the number of new mortgage approvals dropped in May, this wasn't unexpected given the spike in rates seen earlier this year, and we'd expect to see activity recover assuming borrowing costs continue to fall.7am BST: Lloyds house prices for June9.30am BST: Fiscal risks and sustainability report from the Office for Budget Responsibility10.30am BST: Bank of England Financial Stability repor...
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07.07.26 - 00:36
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Biden′s Illegal Alien Invasion Sparked 30% Home Price Growth, 20% Rent Growth: Fed Paper (ZeroHedge)
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Biden's Illegal Alien Invasion Sparked 30% Home Price Growth, 20% Rent Growth: Fed Paper
A new Federal Reserve working paper adds hard data to a dire economic realities that tens of millions of hardworking Americans already face: being priced out of homeownership or trapped paying ungodly high rents.
For years, the housing affordability crisis was blamed almost entirely on low interest rates, pandemic-era demand, institutional buyers, and a shortage of new construction. However, one major point was largely and conveniently ignored by mainstream media: the Biden-Harris regime's open border policies, which facilitated a massive illegal alien invasion.
The paper, published by the Federal Reserve Bank of Dallas, uses new government data to measure the labor and housing market effects of the illegal alien invasion from early 2021 through the first half of 2024.
"From early 2021 to early 2024, the U.S. experienced an unprecedented boom in unauthorized immigration, followed by a rapid slowdown...
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