U.S. home sales plunged 4.9% in January

WASHINGTON – U.S. home sales hit a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014. Relatively low mortgage rates and steady job growth have yet to spur more activity from buyers and sellers, raising the possibility of Read more [...]

Primeline Energy looks at other exchanges amid lack of Canadian interest

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Dominion Citrus Income Fund (TSX: DOM.UN) and Dominion Citrus Limited …

TORONTO, ONTARIO--(Marketwired - Feb 23, 2015) - Dominion Citrus Income Fund (TSX:DOM.UN) (the "Fund") and Dominion Citrus Limited (DMN-PA.TO) ("DCL") advise that on the morning of Sunday, February 22, 2015 a fire seriously damaged the Bradford, Ontario premises of Dominion Farm Produce Limited ("Dominion Farm"), a wholly-owned subsidiary of DCL. Dominion Farm operations are shut down while management evaluates options. Meanwhile, insurance adjusters are assessing the damage to the Dominion Farm Read more [...]

Finmeccanica to announce rail assets sale as soon as Tuesday: source

LONDON/MILAN (Reuters) - Italian industrial conglomerate Finmeccanica (SIFI.MI) is set to announce the sale of its shares in rail and signaling units AnsaldoBreda and Ansaldo STS (STS.MI) to Japan's Hitachi (6501.T) as soon as Tuesday, a source close to the matter said on Monday. The deal, which would thwart a rival offer from China's Insgima Group, is poised to be signed in the next 12 hours after receiving the green light at a board meeting on Friday, the source said.Spokesmen at Finmeccanica Read more [...]

CONTRACTRoofers a-spire to listed church job

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Bovis ramps up building as house prices continue to rise

The average Bovis home sold for £216,000, a rise of 11pc on the previous year partly due to a trend towards building larger homes and increasing demand from buyers. Sales have been about 2pc ahead of expectations in 2015 so far, the firm said, with 479 reservations and 2,336 sales heading for legal completion this year. Such is the clamour for new homes that in the past year a shortage of building subcontractors and the rising prices of some materials have pushed up the cost of building a home, Read more [...]

Winter Takes Its Toll: Home Sales Plunge 4.9% in January

Chuck Burton/APBy JOSH BOAK WASHINGTON -- U.S. home sales hit a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 percent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014. Relatively low mortgage rates and steady job growth have yet to spur more activity from buyers and sellers, raising the possibility of either a Read more [...]

US home sales plunge 4.9 per cent in January

WASHINGTON: US home sales struck a snow drift in January, plunging to the slowest pace in nine months. The National Association of Realtors said Monday that sales of existing homes tumbled 4.9 per cent last month to a seasonally adjusted annual rate of 4.82 million. That brings sales down to their lowest level since April 2014. Relatively low mortgage rates and steady job growth have yet to spur more activity from buyers and sellers, raising the possibility of either a spring sales rush or a second Read more [...]