Shein shares slide in Hong Kong debut on worries about trade and regulatory risks

Specialist bridging lender Aspen has completed a £2.475 million Bridge-to-Let facility for the acquisition of a four-bedroom penthouse in the Royal Borough of Kensington and Chelsea, marking its second prime central London transaction within seven days. The deal was completed in under three weeks, funding the auction purchase of a property extending to more than…

Rent-stabilized owners seeking the Article XI tax break are real estate’s version of Andy Dufresne. Who could forget the wrongly imprisoned character played by Tim Robbins in “The Shawshank Redemption”? Dufresne’s escape was an act of desperation requiring intricate planning, years of paperwork and a 500-yard crawl through raw sewage. But it was his only…

San Antonio City Manager Erik Walsh told the city council the rating agencies affirmed “what we’re doing in terms of confidence in the city, our management team, our financial practices, our budgeting and strategic planning, our available reserves, as well as our practices such as monthly monitoring, the quarterly reports to you all, the multi-year…

Nationally, there were an estimated 48.5% more home sellers than buyers across the US in June – a contrast to the Northeast, where inventory constraints have kept demand elevated. First-time buyers comprised 33% of existing-home sales in June, up from 30% a year ago, according to the NAR Confidence Index Survey. Within New York State,…

Canadian fixed mortgage rates are moving higher again as turmoil in global bond markets pushes the five-year Government of Canada yield toward a 12-month high. The five-year yield was trading around 3.36% on Friday, up eight basis points from a week earlier and just three basis points below its 12-month high. Lenders have responded by…

Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year’s inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price index, a broad measure of costs for goods and services across the U.S. economy, was…