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Sales of previously owned Canadian homes down again in October – (BX, AIG, DFS, NLY)
Sales of previously owned homes across Canada moved down 0.8% in October as compared to the same month a year earlier while the national average selling price hardly moved, the Canadian Real Estate Association said Thursday. CREA reported that two-thirds of local markets noticed increased sales activity last month, led by Calgary, Alberta, home to…
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In U.K., June Mortgage-Approvals Hit Lowest Number Since 1997 – (SLM, AXP, DFS)
Last month, the number of mortgage approvals at the six largest banking groups in the UK dropped to their lowest in more than 15 years, according to a recently released high street banking report. Mortgage approvals in June were 51,610 valued at £6.5 billion, the minimum level of approvals the British Bankers’ Association (BBA) has…