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Real Estate
Housing market should ‘cool off’ later in year, Moody’s economist Zandi
The housing sector has been one of the most resilient areas of the economy during the coronavirus downturn, but the Moody's Analytics chief economist Mark Zandi said Tuesday he expects the growth to moderate later in the year.Sales of…
From paying off debt to retirement planning, here’s how to set financial
Determining the best way to ensure your financial security can seem overwhelming.For James and Michelle Bethe, deciding what to do with the $200,000 they had in savings had them at a standstill. As a teacher, Michelle, 36, has a pension…
China’s zero-Covid stance could worsen debt problems for companies
People queue to undergo nucleic acid testing for the Covid-19 coronavirus in the city of Ruili which borders Myanmar, in China's southwestern Yunnan province on July 5, 2021.STR | AFP | Getty ImagesChina's zero-Covid approach could…
Intu Properties PLC collapses into administration after lender disagreement
Rent collection has plummeted for most retail landlords, and data showed this week just 14% of the £2.5bn due was paid
(LON: INTU), the UK’s largest shopping centre owner, has fallen into administration after failing to come to an…
Workspace raises its dividend even though most occupants get rent discount
The flexible office space provider is preparing its spaces with safety measures ahead of occupants returning to work
() has raised its final dividend to maintain its real estate investment trust status despite most customers receiving…
debt crisis, bond default and investor risks
The Emerald Bay residential project developed by China Evergrande in the Tuen Mun district of the New Territories in Hong Kong, China, on Friday, July 23, 2021.Lam Yik | Bloomberg | Getty ImagesChinese property giant Evergrande is on the…
Mortgage rates rise and more increases could be coming
Mortgage rates jumped higher this week. It could be just the beginning of an upward trend.The average rate on the popular 30-year fixed mortgage just crossed back over 3% early this week and then jumped 9 basis points Thursday to 3.10%,…
Taylor Wimpey PLC sees resurgence of bookings as sales centres reopen
PLC (), the housebuilder, said it has seen a threefold increase in bookings since its sales centres reopened following the easing of coronavirus lockdown restrictions.
Most sales centres in England are now open, it added, while it…
Shaftesbury PLC sees traditional model fall apart amid retail’s shifting
“Tenants may be needing support well into next year," said Shaftesbury chief executive Brian Bickell, “the traditional lease model is falling apart”
The sands continue to shift almost daily in the retail property market, leading to some…
Coronavirus-fueled wave of foreclosures is unlikely, says Mortgage Bankers
Bob Broeksmit, CEO of the Mortgage Bankers Association, joins "Squawk Box" to discuss the state of the housing market amid the coronavirus pandemic.
Read More: Coronavirus-fueled wave of foreclosures is unlikely, says Mortgage Bankers