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  • August 29, 2014
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  1. Property - Hong Kong & China - EARNINGS

    Midland losses narrow as new homes sales rebound

    Posted Aug 27th 2014, 01:27am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Turnover rises 8.1pc but the company chairman says he expects the second half to remain hard Midland losses narrow as new home sales rebound A sharp rebound in sales of new homes and cost control measures helped Hong Kong's only listed realtor, Midland Holdings, to cut losses by more than half in the first six months of the year. Chairman Freddie ...

    http://www.scmp.com/property/hong-kong-china/article/1580996/midland-losses-narrow-new-homes-sales-rebound
  2. Property - International - CANADA

    Low mortgage rates fuel rise in home sales in Canada

    Posted Aug 20th 2014, 05:21am by Reuters

    ... Reuters in Toronto Low mortgage rates fuel rise in transactions Sales of existing homes in Canada rose last month to their highest level since March 2010, notching their sixth consecutive ... that hurt home-building, sales and prices. The rebound has been bolstered by low mortgage rates, which are not expected to rise significantly until next year. "The [recent decline in mortgage ...

    http://www.scmp.com/property/international/article/1577027/low-mortgage-rates-fuel-rise-home-sales-canada
  3. Property - International - SINGAPORE

    Singapore July home sales steady as curbs damp demand

    Posted Aug 20th 2014, 05:21am by BLOOM

    ... Bloomberg in Singapore Home sales steady as curbs damp demand Singapore's home sales were little changed last month as developers offered fewer projects amid cooling demand following a slew of property measures. Developers sold 484 units compared with 482 in June, according to data released on Monday by the Urban Redevelopment Authority. Sales dropped 68 per cent in June from ...

    http://www.scmp.com/property/international/article/1577028/singapore-july-home-sales-steady-curbs-damp-demand
  4. Property - Hong Kong & China - RESIDENTIAL

    China land sale revenue falls despite easing of home purchase curbs

    Posted Aug 06th 2014, 04:26pm by Sandy Li

    ... mainland cities to ease home purchase restrictions failed to avert a broad-based slide in valuations at local government land sales last month. Revenue from land sales in 300 cities tracked ... Heilongjiang; Foshan, Guangdong; Yinchuan, Ningxia; and Taizhou and Yongkang in Zhejiang. Home sales in some cities have rebounded after the easing of the curbs. However, Evergrande Real Estate, ...

    http://www.scmp.com/property/hong-kong-china/article/1567661/china-land-sale-revenue-falls-despite-easing-home-purchase
  5. Property - International - UNITED STATES

    Hamptons holiday homes see rise in sales

    Posted Jul 30th 2014, 05:59am by Bloomberg

    ... Bloomberg in New York Interest climbs in New York state's exclusivearea as more houses come on to the market Hamptons homes price gains spur sales rise Home sales in New York's ... a year earlier to 700 homes, according to a report today by appraiser Miller Samuel and brokerage Douglas Elliman Real Estate. The median price fell 1.3 per cent to US$908,500, reflecting a shift ...

    http://www.scmp.com/property/international/article/1562014/hamptons-holiday-homes-see-rise-sales
  6. Property - Hong Kong & China

    July home sales soar to 6-year high as discounts, new projects attract buyers

    Posted Jul 30th 2014, 01:22am by Sandy Li

    ... as home sales hit 6-year high The strategy of using discounts to boost sales has pushed up Hong Kong developers' turnover to the highest in six years and their stocks to 52-week highs as buyers snapped up HK$26 billion worth of new homes this month. The brisk sales and an upgrade of the property sector by Morgan Stanley yesterday drove up shares of Cheung Kong (Holdings), ...

    http://www.scmp.com/property/hong-kong-china/article/1562215/july-home-sales-soar-6-year-high-discounts-new-projects
  7. Property - International - UNITED STATES

    US home flips dwindle as bargains dry up

    Posted Aug 27th 2014, 05:34am by BLOOM

    ... gains slow and foreclosures dwindle. Almost 31,000 single-family houses were flipped in the second quarter, representing 4.6 per cent of US home sales, RealtyTrac said in a report. That was down ... available. Homes with a sale price of US$750,000 or higher represented 4.1 per cent of properties quickly sold during the quarter, up from 3.4 per cent a year earlier. Sales of US$750,000 to US$1 ...

    http://www.scmp.com/property/international/article/1580840/us-home-flips-dwindle-bargains-dry
  8. Property - Hong Kong & China - RENTS

    Hong Kong home rents rise at quickest pace in 23 months

    Posted Aug 26th 2014, 11:43am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Housing costs hit record amid scant supply Bad news never arrives alone. Home-seekers finding it difficult to get on the property ladder as prices ... bites," said Simon Lo Wing-fai, an executive director at Colliers International's research and advisory division. Home prices and rents have both increased over the past few months, and Lo ...

    http://www.scmp.com/property/hong-kong-china/article/1580746/hong-kong-home-rents-rise-quickest-pace-23-months
  9. Business - Companies - TELECOMMUNICATIONS

    India's Karbonn Mobiles eyes listing by 2016 with Android sales boost

    Posted Aug 28th 2014, 05:03am by Reuters

    ... Reuters Karbonn eyes listing by 2016 with Android boost Karbonn Mobiles, the third-largest smartphone maker in India, expects to go public by 2016 as it bets on sales of Android devices ... Informatics and Spice Group. Karbonn's Android phones retail between 2,699 rupees and 14,990 rupees. "A new entry-level price point is being breached by the Indian home-grown vendors every ...

    http://www.scmp.com/business/companies/article/1581323/indias-karbonn-mobiles-eyes-listing-2016-android-sales-boost
  10. Property - Hong Kong & China

    First-half home sales to soar 50pc as Hong Kong developers clear backlog

    Posted Jun 19th 2014, 12:55am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Builders seen collecting more than HK$60b in first half amid renewal of buying sentiment Sales to soar as developers cash out Sales of new homes are set to surpass HK$60 billion in the first half of this year as developers seek to cash out while the going is good. The estimated sales value for the first six months, say industry observers, is about 50 ...

    http://www.scmp.com/property/hong-kong-china/article/1535820/first-half-home-sales-soar-50pc-hong-kong-developers-clear

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