Saturday , June 24 2017

Real Estate

Australia needs housing slowdown for stability on AAA

Sydney, December 3, 2003. Houses and units in the Sydney suburb of Maroubra today. The Reserve Bank of Australia (RBA) today announced its decision to increase official interest rates by one quarter of a percent to 5.25%. (AAP Image/Mick Tsikas) NO ARCHIVING

Bloomberg Australia’s prized AAA rating will only rest on a firm footing once there’s a “meaningful moderation” in housing and credit, S&P Global Ratings said as it maintained a negative outlook on the country’s sovereign score. The country’s rating was affirmed by the credit assessor after the latest federal government ...

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Singapore property comeback fueled by developers’ hunger

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Bloomberg Developers’ hunger for Singapore land is adding to signs that the city’s housing market is making a comeback after three years of price declines. As new home sales surge after an easing of property restrictions in mid-March, developers are becoming more aggressive in bidding at land auctions. On average, ...

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SEC probes rental home values in PE bond deals

SEC probes rental home values in private-equity bond deals copy

  Bloomberg US securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street’s biggest residential landlords used overvalued property assessments. Radian Group Inc.’s Green River Capital unit is one of the market participants that received a request for information from the Securities and Exchange ...

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