Category: Home
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Election and rate cut points to UK home sales pickup, RICS says By Reuters
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LONDON (Reuters) – Britain’s housing market looks set for a sales recovery in the coming months after the Bank of England cut interest rates and the new government shifted its focus to the sector, a survey showed on Thursday. The Royal Institution of Chartered Surveyors said its gauge of expected…
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US home insurers suffer biggest loss of century in 2023 By Reuters
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(Reuters) – U.S. home insurers will suffer their worst underwriting loss this century in 2023, ratings agency A.M. Best said on Monday, as a toxic mix of natural disasters, inflation and population growth in vulnerable areas put a vital financial market under severe strain. Homeowners insurance companies suffered a net…
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U.S. home insurers are said to face biggest loss of century in 2023 (NYSE:ALL)
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Bill Oxford/E+ via Getty Images Home insurers in the United States last year suffered their worst underwriting loss this century, the Financial Times reported on Sunday, as natural disasters, inflation and population growth in high-risk areas put pressure on insurers’ finances. They made a net loss on the underwriting. Saudi…
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U.S. home insurers are said to face biggest loss of century in 2023 (NYSE:ALL)
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Bill Oxford/E+ via Getty Images Home insurers in the United States last year suffered their worst underwriting loss this century, the Financial Times reported on Sunday, as natural disasters, inflation and population growth in high-risk areas put pressure on insurers’ finances. They made a net loss on the underwriting. Saudi…
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Home loans defaults hit record Sh40bn on interest rates rise
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The value of non-performing mortgage loans in Kenya reached a record high of Sh40 billion in December 2023 on the back of high interest rates and tough economic conditions faced by borrowers. The value of non-performing loans (NPLs) by mortgage lenders rose by eight per cent or Sh3 billion last…
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D.R. Horton’s home sales forecast, $4 billion buyback send shares to record high By Reuters
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By Ananta Agarwal (Reuters) – D.R. Horton Inc cut its annual home sales forecast and beat Wall Street estimates for quarterly profit on Thursday, as historically low U.S. supply supported demand despite higher mortgage rates, sending its shares to a record high. The largest U.S. homebuilder by sales volume now…
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Home prices in Canada to rise this year, Royal LePage says
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Breadcrumbs Path Links News Real estate Prices rose 1.9 percent in the second quarter even as the number of properties bought and sold fell. Published on July 13, 2024 • Last updated 2 hours ago • Read for 3 minutes You can save this article by registering for free here.…
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Home prices in Canada to rise this year, Royal LePage says
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Breadcrumbs Path Links News Real estate Prices rose 1.9 percent in the second quarter even as the number of properties bought and sold fell. Published on July 13, 2024 • Last updated 2 hours ago • Read for 3 minutes You can save this article by registering for free here.…
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European stock traders go home with mixed results
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European traders are heading out of the markets with mixed results on major stock indices. The French CAC was the worst performer, down -0.63%, after the election results ended in a political deadlock. Neither the right nor the left are likely to form a coalition government. Investors are not very…
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Minnesota family that lost home to floods vows to keep store open
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Family who watched their home collapse into a flooded river near the town of At-Risk Minnesota ladies He pledges to reopen his nearby shop selling homemade pies and burgers as soon as it is safe to do so. The Rapidan Dam Store remained standing Wednesday, but after the house where…
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Russian soldiers returning home are sending crime higher
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Russia sent so many men to join its war in Ukraine, that crime levels in the country fell shortly after the invasion began. Now their comeback is unleashing a wave of abuse. Crimes committed by soldiers not related to the war rose by more than 20% last year, according to…
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Nearly half of Dell’s full-time workforce in the U.S. has rejected returning to the office. They’d rather work from home than get promoted
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Even months after the technology company Dale The company has pushed its strict return-to-office policy that bars completely remote employees from promotions, and its workers still refuse to return to in-person work. Nearly 50% of Dell’s full-time U.S. workforce and a third of international employees have continued to work remotely,…
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‘Full House’ home for sale for $6.5 million
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I dreamed of owning a tanner’s home Full house Since Michelle was a little girl? I get it, buddy, if you have $6.5 million to spend. The famous Victorian era featured in exterior shots of the ABC show (and its Netflix sequel), is set in 1709 Broderick Street In San…
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U.S. home power bills forecast to jump nearly 8% this summer – report (NYSEARCA:XLU)
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Gargolas/iStock via Getty Images Home energy bills in the United States are expected to rise They are rising 7.9% on average this summerTemperatures are expected to reach record levels, according to a study released Monday by the National Energy Assistance Directors Association and the Center on Energy, Poverty, and Climate.…
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High home prices in swing states could help Biden in presidential election, study says
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the study, “Housing performance and votersanalyzed home prices and election results in every county in the continental United States during each of the last six presidential elections. What he found was that swing counties in which home prices rose significantly in the four years before the election were more likely…
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US dollar extends decline after poor pending home sales reading
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The US dollar hit intraday lows after the worst pending home sales report in three years. The 7.7% monthly decline in April highlights the impact of rising interest rates, especially as Treasury yields rose during the month. EURUSD 10 minutes The market is struggling to figure out where the American…
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April home sales up 10% compared with year ago, but monthly sales slow
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Article content OTTAWA — The Canadian Real Estate Association says the number of home sales in April was up 10.1 per cent compared to last year, but it attributed the increase primarily to the early Easter long weekend. The increase came as the average price of a home sold last…
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New home sales in Israel up 21% in Q1
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According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024. Israel’s housing market has set back five years in terms of the number of new homes sold but at 40% higher prices, according to figures published by the Central Bureau of Statistics…