The Minister of State, Akis Skertsos, refers to the innovative ideas of the government plan that will provide a solution to the social problem of securing housing especially for young people and at the same time offer them hope, in an article in the newspaper “TA NEA Savvatokyriako”. “The fear of the new generation that, […]
Tag: Housing
US: House price index up 0.1% in June, vs. 1.1% expected
US house prices rose at a softer-than-expected pace in June. The Cholar Index remains down in the American session. Monthly data released by the US Federal Housing Finance Agency on Tuesday showed that the house price index rose 0.1% on a monthly basis in June. This data follows the increase of 1.3% in May and […]
GBP/USD slides towards 1.1800 after mixed US data and approaching Jackson Hole
GBP/USD posts modest losses of 0.23% on Wednesday, paring some of Tuesday’s gains. Market participants are “focused” on the US Fed’s Jerome Powell’s speech on Friday. Pending US home sales show the housing market deteriorating, while durable goods orders held up. GBP erases Tuesday’s gains and falls, towards the 1.1800 level, amid a slightly bullish […]
PASOK-KINAL’s proposals for ‘social housing’
Incentives and tax reliefs for rents and housing costs include, among other things, the comprehensive proposal elaborated by PASOK-KINAL for social housing. With its proposal, PASOK considers that a solution is given to the expensive cost of housing young people, students and families in cheap housing. In a statement he states how “according to ELSTAT’s […]
USD/CAD pulls back from six-week highs and returns below 1.3000
USD/CAD erases Monday’s gains and falls more than 0.60%. Weaker US housing and PMI data weighed on the USD. TDS analysts expect the BoC to rise 75 basis points in September; they estimate the first cut in the third quarter of 2023. The USD/CAD stumbles from weekly highs around 1.3063 and slumps on weaker-than-expected US […]
K. Hatzidakis: The proposals for cheap housing are in the final stretch
The government is in the final processing of the housing policy proposals that will be presented as positions by Mr. Mitsotakis to the TIF, said Labor Minister Kostis Hatzidakis. Speaking to r/s SKAI 100.3, Mr. Hatzidakis emphasized that these positions will not only concern rents, but more affordable access for young couples to housing. As […]
The draft of the new housing policy through OAED
By Dimitris Katsaganis Countdown to the implementation of the new public housing policy with the “vehicle” of the Public Employment Service (as the OAED has been renamed) with the aim of supporting young couples and socially vulnerable groups has begun. As the Minister of Labor, Mr. Kostis Hatzidakis, stated yesterday, this is about restarting the […]
US: Pending home sales fall 8.6% in June vs. -2% expected
Pending US home sales fell sharply in June. The dollar index remains stable around 107.00. Monthly data published by the National Association of Agents real estate showed on Wednesday that pending home sales decreased by 8.6% in monthly terms in June, after growing 0.4% in May. This data was much worse than the market expectation […]
G. Gerapetritis: Network of actions for work and shelter
Regarding the measures that the government will take in the field of work, as well as in the burning issue of the roof, the Minister of State Giorgos Gerapetritis, in his interview with the radio station “Sky”, proposed. After his initial findings (reduction of unemployment – improvement of the quality of work provided – combating, […]
US: Existing home sales decline 5.4% in June to 5.12 million
US existing home sales fell sharply in June. The dollar index continues to fluctuate below 107.00. US Existing Home Sales They fell for the fifth straight month in June to a seasonally adjusted annual rate of 5.12 million, the National Association of Realtors reported Wednesday. Sales fell 5.4% and 14.2% in monthly and annual terms, […]