The Business Times
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Falling prices and new mortgage rules boost Canadian home sales

Published Fri, Dec 15, 2017 · 09:50 PM

    Ottawa

    THE recent drop in Canadian real estate prices and tougher regulations that kick in on Jan 1 are beginning to juice sales.

    Brokers reported a 3.9 per cent jump in transactions in November, the Canadian Real Estate Association said on Thursday. That's the second biggest increase in two years and marks a fourth consecutive rise in transactions, the longest streak since early 2016.

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    First Gen is expanding its geothermal business, rejecting an offer for its EDC subsidiary from Indonesia’s renewables giant Barito Group .

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    Analysts have flagged that the Q3 earnings of Singapore’s three banks might miss market forecasts.

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    Indonesia imposes US$116 million in fines over manipulation of Sinar Mas, Prajogo-linked stocks

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