New listings hit a four-year high
Fresh supply is outpacing demand as mortgage rates hover near a yearly high

Fresh supply is outpacing demand as mortgage rates hover near a yearly high

investingLive Asia-Pacific market news: Oil steady near highs, gold flat !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Accord Mortgages has cut rates in its buy-to-let (BTL) range by 0.08%. Accord Mortgages’ cuts apply on all five-year fixes up to 75% loan to value (LTV). The new rates come into effect on 9 July. Jeremy Duncombe, managing director for Accord Mortgages, said: “We’re so pleased to take this opportunity to improve the…
A Southampton-based lettings agency is expanding its homelessness prevention programme to Bournemouth and Portsmouth after securing 532 tenancies for homeless households in the past year. SDM Property, led by director Mark Vine, operates a model that connects private landlords with councils to provide settled accommodation for people living in temporary or emergency housing. The agency…
By Alice Atkins, Ruth Carson and Elizabeth Stanton (Bloomberg) — Yields on the U.S.’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens. A fresh jump in oil prices on Thursday lifted five- to 30-year…
This is Part 2 of the seventh installment of Bisnow’s DEI Data Series, an ongoing investigative project that examines the diversity of the boards and executive leadership of the biggest companies in commercial real estate. To read Part 1 of this year’s series, click here. To read previous years’ entries, click here. Commercial real estate…
City and state officials joined representatives from Catholic Charities and community leaders to cut the ribbon on the new Catholic Charities Gail P. Duke Senior Residence. The $143.4-million development will provide 141 units of affordable sustainable apartments for low-income seniors with supportive services in the Brownsville neighborhood of Brooklyn. The Gail P. Duke Senior Residence,…