May 10, 2024
Property

As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

CK Asset Holdings will also launch 15 of the 70 remaining units in its El Futuro project in Sha Tin. The first batch of the project was launched in 2020. The latest units to be put on offer on May 1 have the “best views of the horse racing course at night and special features

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Mortgage

Baby boomer filled housing markets are seeing more supply and falling prices—the rest don’t have enough homes or sellers 

Housing is all out of whack. Real estate is cyclical, and typically when mortgage rates shoot up, sales decline, and home prices fall; and eventually because home prices tumble, sales return. But none of that has happened.  Home prices rose substantially during the pandemic housing boom as historically low mortgage rates and remote work fueled

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Loans

What’s the Magic Number To Afford a House, a Car and Student Loans?

©Shutterstock.com A trip to the grocery store or gas pump shows how much the cost of basic necessities has risen in recent years. Data published by Statistia shows inflation at 3.24% as of February 2024. That’s a far cry from 9.1% in June 2022, but up substantially from the pandemic era. Check Out: The 6

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Mortgage

Self-made real estate millionaire Barbara Corcoran says home prices could go up 10% if mortgage rates dip

Barbara Corcoran has said it before, and she’ll probably say it again: when mortgage rates fall, home prices will rise. “If rates go down just another percentage point…prices are going to go through the roof,” the self-made real estate millionaire and Shark Tank star told Fox Business yesterday.  The average 30-year fixed mortgage rate is

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