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Posted on August 29, 2023

Hong Kong home prices take biggest plunge of year in July, hit 6-month low as mortgage pain bites

The 1.1 per cent monthly price decline in July was the year’s biggest, which pushed the city’s widely watched lived-in home price index to the lowest level since February A total of 2,515 second-hand …

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Posted on August 29, 2023

Apartment prices in the center of Yerevan continued to rise in June- World Bank

Real estate prices held up compared to 2022, despite fewer transactions, the World Bank says in its Armenia monthly economic update for August 2023.
…

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Posted on August 29, 2023

Calhoun officials prepare for more flooding after 40 evacuated, property damaged

Video and pictures shared with Atlanta News First showed water up to people’s shins inside homes on Red Bud Rd and Jolly Road.

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Posted on August 29, 2023

Kuwait’s H1 real estate sales down amid high property prices

Kuwait’s real estate sales for the first six months fell to KD1.5 billion ($5.1 billion), compared to last year’s figures of KD1.9 billion ($6.5 billion) primarily due to reduced demand caused by high …

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Posted on August 29, 2023

Sri Lanka signs agreement with Netherlands for return of stolen artefacts

As Sri Lankan authorities signed an agreement with Netherlands for the return of six artefacts stolen from its territory during the colonial era, they said this would help “turn the leaf” in bilateral …

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Posted on August 29, 2023

Sri Lanka: Debt And The Crisis Of Survival

this article is derived from the author’s new book , crisis in sri lanka and the world: colonial and neoliberal origins: ecological and collective a …

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Posted on August 29, 2023

China’s too-big-to-fail property giants just the tip of real estate crisis, as ‘suppliers are being dragged to death’

If you ask small-business owner Bill Ye, the writing was on the wall for China’s embattled property sector long before Country Garden said its net losses this year could reach 55 billion yuan (US$7.6 …

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Posted on August 29, 2023

China Real Estate Giant Country Garden Could Be Next To Go Bust

BlackRock, others, are holders of Country Garden outstanding debt. No one here’s getting bailed out of this mess as stock prices head to zero.

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Posted on August 29, 2023

Hong Kong home prices take biggest plunge in July, hit 6-month low as mortgage pain bites

The 1.1 per cent monthly price decline in July was the year’s biggest. A total of 2,515 second-hand units were transacted last month, the fewest since 2,512 last November, according to Midland Realty.

( read original story …)



Posted on August 29, 2023

Hong Kong home prices drop for third month in July, down 1.1%

Hong Kong private home prices eased 1.12 per cent in July from June, the third monthly fall in a row, official data showed on Tuesday, as homebuyer sentiment was deterred by rising interest rates and …

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