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CHICAGO (AP) — A major Midwest oil refinery shuttered by fire is expected to reopen in the coming days, its operators said Monday, and industry experts said the brief shutdown is unlikely to have an effect. major impact on gas prices in the region. An electrical fire at a BP refinery in northwest Indiana on …

A house in Davis that sold for $1.6 million topped the list of the most expensive real estate sales in Davis last week. A total of 11 real estate sales were recorded in the area over the past week, with an average price of $893,182. The average price per square foot ended up at $450. …

ECONOMYNEXT – Condominium developers in Sri Lanka said they had halted new projects and construction materials soared with the collapse of the rupee and import protection granted to producers of building materials triggering a crisis in partially built apartments. “At present, no developer is embarking on new projects because budgeting even in the short term …

Lawyer AJ D’Amico won the Democratic primary for House District 113, which covers central Miami-Dade County, including parts of Coral Gables, Key Biscayne and Miami. With the early and mail-in vote totals compiled and all 54 precincts reported as of 10 p.m. Tuesday, D’Amico won 68% of the vote compared to 32% for the president …

The median price of a home in the Charleston area is around $400,000, which is $50,000 more than a year ago and $120,000 more than before the pandemic. So where can a potential buyer expect to find a home in the area for that amount of money and what will they get? For the most …

NAR released a summary of existing home sales data showing July housing market activity fell 5.9% from June 2022. July existing home sales hit an annual rate seasonally adjusted 4.81 million. July existing home sales were down 20.2% from July 2021. July sales mark the sixth consecutive month of decline. The national median existing home …

The numbers speak for themselves. The benchmark sale price for a typical fine single-family home in Calgary is $643,000, according to the Calgary Real Estate Board. The same house in Kelowna costs $1,060,000, according to the Association of Interior Realtors. This means that a similar house in Calgary is 39% cheaper. Here we are comparing …

A home in West Sacramento that sold for $697,000 topped the list of the most expensive real estate sales in West Sacramento last week. A total of 17 real estate sales were recorded in the sector in the past week, with an average price of $522,519. The average price per square foot ended up at …

The average rent in Canada for all properties rose more than 10% year-over-year in July, according to a recent national analysis of online listings. The last National Rent Reportpublished by Rentals.ca and Bullpen Research and Consulting, revealed that the average rent for all property types – including single family homes, townhouses, rental apartments, condominiums and …

A summer housing slowdown is hitting markets across the United States, amid concerns about rising interest rates and inflation. According to Fed Chairman Jerome Powell, activity has “weakened” and the National Association of Realtors found that in June, contract signings had fallen 20% year-over-year. Despite falling demand, median home prices remain high, up 31% in …

Rent or buy? That’s the question many current and potential Toronto residents are asking as the GTA’s volatile real estate market swings once again, this time toward homeownership, though not universally. “As interest rates continue to rise this year, many are shifting their real estate goals from buying to renting,” read a report released Wednesday …

Bentley Zhao, CEO, New Empire Corp. Image courtesy of New Empire Corp. As people learn to live alongside the novel coronavirus and its long-term impact on lifestyle trends, New York City condo developers are scrambling to meet resident demand and changing needs. Outdoor terraces, greenery and coworking spaces have never been more popular than in …

Developers are expected to delay construction of 10,000 new condominium units as preconstruction sales plunge amid interest rate hikes, straining potential buyers and tenants. By early 2022, approximately 35,000 new condominium units were expected to launch in the GTA. Nearly 16,000 units hit the market at the start of the year, but with less than …

Today’s News DAILY SRQ MONDAY BUSINESS EDITION MONDAY AUGUST 1, 2022 | BY JACOB OGLES Interest rates are pushing stocks higher in Sarasota and Manatee counties. But prices continue to rise in the area, according to the Association of Realtors of Sarasota and Manatee. This comes as the Federal Reserve takes action to cool the …