Desmond Sim of CBRE says the biggest factor affecting Singapore’s real estate market is the rising interest rate environment.
Analysts say the rental sector could come out a big winner in 2019 as home sales weaken further amid rising mortgage rates.
CNBC’s Diana Olick reports on the unexpected strength in rental units. She talks with John Pawlowski of Green Street Advisors.
More than 420,000 federal employees across numerous agencies could continue to work without pay, and hundreds of thousands more could be furloughed, according to Senate Democrats’ projections.
Bravo TV series is a primer on dating don’ts for those who don’t want to get financially taken.
Steven Milch of Suncorp says slowing global trade growth and declines in Australian house prices are “legitimate,” but he does not see them as recessionary.
“Texas is the Alabama when it comes to recruiting in college football. We get to pick the 5-star recruit companies that are coming to the Lone Star State,” Abbott says.
CNBC’s Diana Olick reports on the drop in housing demand despite falling mortgage rates.
Mortgage applications to purchase a newly built home dropped 11 percent in November, annually, according to the Mortgage Bankers Association. MBA economists predict that sales of newly built homes in November fell 5 percent annually.
“I don’t think it’s worth providing $3 billion and setting a precedent” for other companies to pick the city’s pockets, state Sen. Michael Gianaris says.