SYDNEY–The number of Australian homebuilding permits fell sharply for the second month in a row in December, fanning fears that a housing-sector slump will drag on economic growth. Approvals to..
And that of course, feeds back into our concerns about a return of gloom about. Moody’s noted the "lofty housing valuations" that have "muted" home-building. "While Canada’s peers have also seen.
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Housing Industry of Australia senior economist Shane Garrett said the slump in new home building. approvals eased back by 3 per cent during the month, but remained 7.9 per cent higher than 12.
But the number of remortgage approvals in November was stronger than the recent six-month average, as more borrowers switched lenders. said the BBA data showed that the housing market was ending.
Andrew Harvey, senior economist for the Housing Industry Association, said the latest Australian Bureau of Statistics figures showed home building levels had "further to fall from an already.
Strategist to top politicians, Juan Rodriguez is part of the new generation of California’ Mr. Ragone plans to return to California, where his family lives and where he had. an adviser to the Clintons for over two decades and a top strategist to Senator Elizabeth Warren of Massachusetts,
Building approvals of new apartments dropped to their lowest in more than five years in November, as investors retreated and developers scaled back new plans in the face of tighter credit curbs and.
The biggest monthly decline since July 2012 was triggered by a 39 per cent slump in. such as housing finance for the construction of new housing suggest that building approvals are not yet ready to.
MORTGAGE lending increased slightly in April but low numbers of new approvals may signal a lull in house purchase. with a 10 per cent deposit and 995 fee. leeds building society extended its.
Photograph: Carl Court/PA Mortgage approvals for. of net lending of more than £3bn a month seen during 2009. Howard Archer, chief UK and European economist at IHS Global Insight, said: "The BBA.
Low demand, high prices, the end of 100% mortgages and unemployment among young people contribute to the housing market’s sluggishness. but much more slowly than might be expected given that the.
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