Headlines

Low prime rate adds to bank liquidity woes

Low prime rate adds to bank liquidity woes The central bank’s decision not to increase the prime rate has posed a challenge to commercial banks already struggling to attract capital.

Builders will fail to meet rising demand for houses: forecaster

Builders will fail to meet rising demand for houses: forecaster The arrival of about 45,000 immigrants here over the next three years will lift the house-building sector, says business forecaster BIS Shrapnel.

Canada housing starts rise 5.8 pct in January

Canada housing starts rise 5.8 pct in January Canadian housing starts rose by a larger than expected 5.8 percent in January, the fourth straight monthly gain, offering further proof of housing's strength in an otherwise tepid economy.

Foreign buyers still stay away from Cyprus real estate market

Foreign buyers still stay away from Cyprus real estate market Foreign real estate buyers are not yet returning to the Cyprus property market after a year dominated by adverse headlines and falling prices.

UK property lending hits ten year low

UK property lending hits ten year low Property lending in the UK was more than fifth lower in January than a year ago, with loans plunging to a ten year low, the latest figures show.