Shortsellers have turned a small farm real estate company upside down. This is what it looked like. – The Wall Street Journal

Shortsellers have turned a small farm real estate company upside down. This is what it looked like.The Wall Street Journal

Wealthy buyers are dumping central London for the Home Counties

Britain’s richest homebuyers are ditching their traditional London stew and flocking to the Home Counties, new research shows. The capital’s glittering postcodes have suddenly fallen out of favor with super first buyers in England and Wales, who are increasingly looking for more rural homes in Surrey, Buckinghamshire and Hampshire. According to exclusive research by Search … Read more

Census shows Vancouver’s housing problem persists

VANCOUVER—The number of people in need of better housing in Metro Vancouver has increased by more than 20,000 in the past decade, according to the latest census figures. While the percentage of those with so-called “core housing needs” actually declined, Andy Yan, the director of Simon Fraser University’s City Program, said the numbers still show … Read more

ICBC to leave North Vancouver offices in next 3 to 5 years, leaving prime real estate vacant – BC

After more than four decades on Lower Lonsdale, ICBC informed its employees this week that it will be leaving its headquarters at 151 West Esplanade St. in North Vancouver in the next three to five years. The 1980 building, owned by the public insurance company, has just under 300,000 square feet of rentable space and … Read more

Existing home sales in the US fall for the seventh straight month in August and the Fed is about to cause ‘some pain’ with a 75 basis point rate hike – here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: the Fed is about to get ‘some hurt’ with a 75 basis point rate hike. Here’s how to prepare your wallet and your wallet. This marks the Federal Reserve’s third rate hike of 75 basis points this year. read more US existing home sales fall for … Read more

These 20 stocks in the S&P fell a staggering 21.5% in another brutal week for the market

Another difficult week for US equities ended with a fall in oil producer shares and a further decline in Ford Motor Co. due to supply shortage concerns. The S&P 500 SPX, -1.72% fell 1.7% on Friday for a one-week decline of 4.6% as investors continued to worry about the Federal Reserve’s rate hikes to dampen … Read more

Burnett Heads $250 Million Luxury Marina Development to Transform Fishing Village

An unassuming village on the south side of the Great Barrier Reef could become a Whitsundays lookalike, with luxury apartments and a ‘cyclone-safe’ marina. Most important points: Dredging has begun at Burnett Heads for $250 million marina development Residents have mixed feelings about the project Turtle advocates want conservation measures enforced Burnett Heads in the … Read more

How to manage your finances when inflation is high, interest rates continue to rise and research shows women’s financial well-being dips to its lowest level in five years

Hi, MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has fallen’: Women’s financial well-being plunges to lowest level in five years, study finds Only 14% of women say they are prepared for a recession, compared to 30% of men, according to a survey by Ellevest, an investment platform for women. read more Weekend … Read more

Some home buyers face a “payment shock.” Ways to save on a mortgage

Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, home buyers are still feeling the spur of high prices and higher interest rates. The average rate on a 30-year mortgage is 6.7% as of Friday, up from 3.3% in early 2022, according to Mortgage News Daily. In addition, home prices — the … Read more

Bigger, bolder, taller: Vancouver’s drive for density has builders rethinking their plans

View of the original Raphael building.Cape Group When Vancouver developer Zack Ross learned that the Broadway plan had been approved, he immediately ordered that all work be halted on the site of a 95-unit apartment building on East 2nd Avenue, in the False Creek Flats neighborhood. Instead of a five-story building, Mr. Ross now had … Read more