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New home sales experiencing a V-shaped recovery, according to new figures

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first_imgHome » News » COVID-19 news » New home sales experiencing a V-shaped recovery, according to new figures previous nextHousing MarketNew home sales experiencing a V-shaped recovery, according to new figuresRecovery in sales of new properties has been dramatic after collapsing by 60% in April, according to figures in new report.Richard Reed8th July 202001,058 Views New UK home sales are experiencing a V-shaped bounce, according to new figures from investment bank Goodbody.Sales levels have returned to 2019 levels in the latest period after collapsing by roughly 60% in April, with demand bouncing back since the easing of lockdown restrictions.In the four weeks to 20 June, Goodbody estimates that new home sales nationally were modestly above (4%) the equivalent period in 2019.The firm says is too early to tell whether this simply represents a catch up from the month of lost activity, but the dramatic change from the depths of the collapse is impressive and represents a V-shaped recovery in new home sales.South-East and East lead wayThe rebound in demand has occurred nationwide, but the most impressive recovery has been in the East and South-East of England.In both regions, sales in the latest four-week period are ahead of the same period in 2019. The North-West and North-East have been the relative underperformers in this recovery.The new Goodbody asking price index suggests that prices have remained firm over recent months. It is early days in this regard, but our index points to low single-digit increases in asking prices to date.The resilience of new home prices may be explained by the relative resilience of demand and the fact that new home stock levels remain relatively low, having fallen by 6% year-on-year on the latest reading.Computer modelling initially suggested a 10%-15% decline in UK house prices but while there are significant demand risks as furloughs come to an end, the outcome may be considerably more positive.Demand for new homes V-shaped recovery new homes July 8, 2020Richard ReedWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Spain: EMS Gets USD 12 Million Navy Contract

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first_imgBack to overview,Home naval-today Spain: EMS Gets USD 12 Million Navy Contract View post tag: EMS March 22, 2012 Share this article View post tag: gets View post tag: USD View post tag: million View post tag: contract Industry news View post tag: Naval Eitzen Maritime Services ASA (EMS) today announced that the Company has been awarded a USD 12 million order from the navy of an undisclosed European NATO country.The order is for general supplies to the country’s naval fleet operating mainly in Mediterranean and Atlantic waters over the remaining of the year. The deliveries will be handled by EMS’ Spanish subsidiary.General supply to military forces is currently EMS’ largest segment, alongside supplies to the world’s merchant fleet. Despite the contract being of a relative small size it has strategic importance. In addition, the new order will increase annual sales volumes in EMS’ Spanish subsidiary with approximately 20 per cent – and will be one important step for EMS’ European business to improve profitability.EMS is currently tendering a handful of new military projects which could significantly improve profitability; however, there are no guarantees that EMS will be successful in obtaining such further awards. EMS will announce any further contract awards in accordance to the disclosure requirements in the security legislation.[mappress]Naval Today Staff , March 22, 2012; Image: eitzenmaritime View post tag: Navy Spain: EMS Gets USD 12 Million Navy Contract View post tag: News by topic View post tag: 12last_img read more

Police Beat Compiled by Marilyn Baer

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first_imgDriver heading from North Bergen to Hoboken arouses suspicionNorwood resident Patrick Clemenza, 29, was arrested on Thursday, Nov. 16 at 10:46 p.m.He was charged with possession of heroin with intent to distribute, possession with intent to distribute within 500 feet of public housing, possession with intent to distribute within 1,000 feet of a school zone, and possession of drug paraphernalia.The Hoboken Police Department received a call from the North Bergen Police Department about a driver allegedly driving erratically and possibly under the influence, traveling into Hoboken. They gave a description of the vehicle, a brown Kia, which Officer David Dimartino located around Tenth and Garden streets.Dimartino spoke with the driver. Officer Luke Zezotarski arrived to provide backup and administer a field sobriety test as Dimartino searched the vehicle.The driver passed the test but was placed under arrest as the officers found several empty wax folds commonly used to store heroin allegedly in his vehicle. They searched Clemenza and found an additional 20 wax folds of heroin allegedly on him as well as $1,150, which they believed were proceeds from drug sales.Clemenza was processed and remanded to the Hudson County Correctional Facility. $1,000 stolen from woman while at barPompano Beach, Fla. resident Bryant Gonzalez, age 27, was arrested and charged with theft on Sunday, Nov. 19 at 12:34 a.m.On Nov. 12 a woman reported that her wallet was stolen from her bag while at a local downtown waterfront bar. The wallet contained $1,000 in cash as well as miscellaneous items. During the investigation the suspect, later identified as Gonzalez, returned to the bar and was recognized by staff that confronted him and called the police.Officer Frank Francolino arrested Gonzalez. He was transported to headquarters and later released with a summons to appear in court. 1 / 2    2 / 2  ❮ ❯ ×  1 / 2    2 / 2  ❮ ❯center_img Man robbed at knifepoint near Court Street; suspect soughtThe Hoboken Police Department seeks the public’s help in locating an alleged armed robber, according to a press release from the department.On Friday, Nov. 3, a man wearing light blue jeans, black and white Chuck Taylor Converse, a Guess t-shirt, and a dark hooded jacket allegedly followed a man and approached him in the area of 61 Sixth St. (Sixth and Court) at about 1:15 a.m. The suspect allegedly held a knife to the victim’s face and demanded he turn over his belongings.The suspect then allegedly attempted to forcibly take the victim’s backpack, but the victim was able to run away. The suspect then allegedly fled the scene and out of the city.HPD Det. Michael Miranda is investigating. His investigation led him to find out that the suspect was last seen leaving the Newport Mall area several hours later. Anyone with information is asked to contact Det. Miranda of the Hoboken Police Department’s Investigative Bureau at [email protected] or (201) 420-2118. All information will be kept confidential.last_img read more

Thoughtful Bread Company book celebrated

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first_imgThe first recipe book from Bath-based bakery The Thoughtful Bread Company has been named as the 3rd best baking book at the Gourmand Cookbook Awards in Paris.Bread Revolution, published one year ago, was co-authored by Duncan Glendinning, owner of the bakery business, along with head baker Patrick Ryan.The awards have been running for more than 15 years, and saw 170 countries represented across a range of categories.Having made it into the final five in the bread/baking category, Glendinning said he was delighted to hear that they had taken “a respectable third” place.Glendinning said: “You only need to look at the other names competing to see what fine company we are in, and as relative unknowns to have received such an accolade is a huge boost for us.“It also further underlines how bread is on the up and we are exciting to be riding the crest of the Real Bread wave.”In November last year the bakery successfully raised £55k in investment from an online fundraising scheme called Crowdcube, which enabled them to open their first bakery shop and school in Bath this winter.last_img read more

Neil Young Blends Live Performances, Animal Noises, Choirs & More On New ‘EARTH’ Album

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first_imgIt’s staggering to realize that Neil Young has been making music for close to two complete generations now, and even more so when you take into account that the quality of his work has been so consistently impressive. In the fifty years that have passed since helping found Buffalo Springfield, he has managed to already be inducted into the Rock And Roll Hall Of Fame twice. Young has served as a rabble-rouser, fighting for the common man, for sanity, for peace and for the opportunity to speak to the world. On his newest release, EARTH, with his band, Promise Of The Real, he’s decided that the best way to get his message is live and uninterrupted.On the double live album EARTH, the fiercely iconoclastic Young shows he is still incapable of doing anything the normal way. The many windmills he’s tilted at over the years range from payola, toy trains and alternative fuels. Buy an iPod like 99% of the planet? No thanks, I’ll just make my own. Time to release a double disc live album? Cool! But let’s be sure to overdub a bunch of animal noises and a human choir afterward.! Then again, this is an artist who released a concept album of discordant noise to fulfill a record contract and thumb his nose at his record label, so fans should be pleased that he chose a more positive, but still unique, way to elevate what is usually a by-the-numbers endeavor to a higher plane of artistic achievement.In a sense he is sampling life itself, and laying it into the mix like any other instrumental track. The crashing thunder and rain that come alive at the start of the album’s initial track, “Mother Earth,” give way to a bayou-like sonic landscape that itself falls in behind a breathy harmonica. Layers of transitions transform the stark live performance into what seems like a blessing, a musical incantation of intention. Using the animal sounds as thematic hints and harbingers of the music to come, EARTH is a seamless mixing of the natural world and the concert stage.Though recorded during his recent Monsanto Years tour, there are songs from throughout his extensive catalog represented here, reaching as far back as 1970’s After The Gold Rush with other prominent stops between. In Promise Of The Real, Young has found himself a set of dream collaborators: a group of earnest, intellectual players whose musical vocabulary and dexterity defy expectations. Perhaps it has something to do with pedigree, with a pair of Willie Nelson‘s sons and demonstrating a far rockier approach than their legendary father. They’re quite good and very capable of delivering a solid back bone that has the aging guitarist looking and sounding feisty.Not afraid to shy away from the longer tracks, EARTH has versions of “The Monsanto Years” and “Big Box” that clock in at nearly ten minutes. But that doesn’t touch the indulgence of the twenty-eight minute rendition of the tune “Love And Only Love.” Acting as both the centerpiece and finale, the song shows Young at his absolute guitar best, aided by fellow six-stringer. Allowing the tune to bubble rise and fall gives Young spare musical real estate to make his plea for love. The echoes fade to a chorus of nature itself cheering and having the last musical word on the piece. While EARTH has an original concept and sterling execution, there is a flaw or two to be found. The biggest drawback of the artistic conceit of rewriting the performance afterwards is that it makes lies of the cheers heard throughout the discs. The audiences reactions are used for different purposes than originally intended. It’s a minor quibble, but it does raise an interesting question. Is Young, essentially remixing his own material? Has he become the mellowest DJ ever, dropping actual thunder instead of synthesized bass?Whatever your viewpoint, Young has created something new, and for that he is to be applauded. His music sounds as vital as ever with the fresh blood of his backing band and the addition of deeper sonic territory is a welcome softening of Young’s often rough edges. He stays away from merely aping the barnyard flourishes of The Beatles tune “Good Morning Good Morning,” making them more a legitimate piece of the musical equation. They rise and fall and crowd out the manufactured to show the sheer power of the natural. The choral colorings provide a sense of not only grandeur but aspiration.The songs that make up EARTH are all laments and messages in bottles. Messages sang by a familiar, raspy voice accompanied by a signature sound and a pack of hungry young road dogs. And in the lead as the alpha he has always been, Young shows to impressive effect that old dogs can learn new tricks, especially for a cause they truly believe in.last_img read more

Trey Anastasio Tells How A Caveman Fight Nearly Ended Phish, Plays 4 Acoustic Debuts In D.C. [Audio]

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first_imgAfter opening with “AC/DC Bag” and “The Man Who Stepped Into Yesterday”>”Avenu Malkenu” (an acoustic debut), Trey as always gave the crowd a warm welcome. He then made reference to the significance of performing the Jewish prayer in this historic house of worship, though in a decidedly light-hearted tone. He explained:Mike [Gordon] taught us [Phish] what the meaning of the Hebrew words were so we wouldn’t just be singing them, which was very nice. Page [McConnell] and I are both Catholic though [crowd laughs]…and I spend most of my time wondering if the body of Jesus Christ is gluten-free. Anyway, Happy Valentines Day everybody!Trey giddily continued into a beautiful run of songs including “Water In The Sky”, “Theme From The Bottom” and “Wolfman’s Brother”, with the latter seeing Trey make good use of his Boomerang Phrase Sampler, taking the acoustic jam on a bit of an extended ride. Trey then went into the story of the night, explaining the history behind Phish’s 1995 Rolling Stone photo shoot:Every time I play this song I think back to when I first met Jon Fishman in Vermont. He’s a beautiful friend that I love very much [laughs]. He also was the best man at my wedding–by the way, Happy Valentine’s Day, Sue [Anastasio]. He was a very good best man. He was the best best man.He looked like an ape-man, though, when I first met him, with a big beard and monstrous shirt. I’ll never forget the first time I met him. Have any of you ever seen the photo of us from the ‘90’s dressed as cavemen? We had done this photo shoot with Rolling Stone [previously] with all sorts of props and costumes, and they told us we’re gonna make you guys into cavemen. We were all like yeah, whatever, do what you need to do.[Photo: Phish]Something about the style of our music, though…we realized that we reminded them of cavemen. They put hair on the back of our arms, these skin suits, gave us a spear, and bloody clubs. These photo shoots take a really long time, I have to let you know. Mike whispered to me and Fish that ‘Neanderthal man had a much easier life than modern man. All they actually did was lay around, groom each other and eat food. Meanwhile we have to work this horrible 40-hour work week and humanity is really at its worst.’Fish and I started getting into this argument with him, and it turned into one of the worst band arguments we’ve ever had. He wouldn’t back down. Page is over there trying to mediate, and Mike just still wouldn’t back down. Anyway, it dawned on me that we were arguing [like] cavemen, dressed as cavemen. This must’ve looked so funny to the Rolling Stone crew. I really thought this was going to be the end of the band there, and you can see the hilarious look on our faces. I went to the library after this to try to prove Mike wrong, and of course, he was right…I think I’m gonna play some songs now [laughs].[Photo: Rolling Stone]Anastasio continued the set with “Everything’s Right”, followed by an emotional rendition of “Miss You”. “Back On the Train” came next, before a short but sweet “The Inlaw Josie Wales”, a rare instrumental in the Phish catalog that has gotten plenty of love this acoustic tour. Trey then explained why the next song, “Strange Design”, was a mindful choice for Valentine’s Day:I’m going to send this one as my Valentine’s song. I wrote this song sitting on the floor next to the bed, I’d say sometime around August 20th, 1995. How do I know this? Because [wife] Sue was nine months pregnant with our firstborn, who is now twenty-two. I used to have this book called The Salamander Prints, and it was this book that Tom [Marshall, lyricist] gave me of ramblings. My general songwriting process of that time was to take little snippets of the book and create songs. This next song I’m going to play I wrote the day before I first became a father.After a heartfelt “Strange Design”, Trey continued with a string of deep takes on “Blaze On”, “Tide Turns”, and “Sand”. Next, Trey dove headfirst into a meticulous take on Phish fan favorite “The Curtain”, marking the song’s acoustic debut. “Farmhouse” came next, with another debut to follow: another Anastasio/Marshall composition, “Pigtail”, which was introduced and promptly shelved by Phish during their 2010 NYE Run, on December 28th at the DCU Center in Worcester. The song has seen something of a resurgence in the Phish world as of late, with three performances in the last two years.“Bathtub Gin” was up next, followed by a brief story about the time Mike and Trey attempted to “burgle” a ramp from a U-Haul truck in Burlington that they hoped they could use for their gear. Trey got a kick out of telling this story, explaining that they were thankfully unsuccessful in their heist, despite dressing in all black with black face-paint. The story then transitioned into how Fishman used to always be late to practice–even though it was in his own living room (in the house he shared with Trey and Paul Languedoc). One day Page got so mad at Fishman for being in his room, that he made [Fish] cry. “That’s it,” Trey remarked, cutting the tension. “That’s all I have for this story.”Next up was “Waste”, before Anastasio offered up the final acoustic debut of the evening in “Show of Life”. A high-energy “Wilson” finally brought the set to a close. A three-song encore of “Brian and Robert”, “Bouncing Around The Room” and “More” sent the U.S. capitol crowd on their way with smiles from ear to ear after a spiritual Trey Anastasio performance. Every Trey performance is spiritual, of course, but it’s not every show you get to see him perform in a sacred space like this.You can listen to full audio of the show and watch crowd-shot video of the three-song encore below:  Trey Anastasio (Solo Acoustic) – Full Audio – Washington, D.C., 2/14/18[Taper: Alex Leary; Uploaded by Jam Buzz] Trey Anastasio (Solo Acoustic) – “Brian and Robert”, “Bouncing Around The Room”, “More” – Washington, D.C., 2/14/18[Video: goatslop]SETLIST: Trey Anastasio (Solo Acoustic) | Sixth & I | Washington, D.C. | 2/14/18SET 1: AC/DC Bag, The Man Who Stepped Into Yesterday > Avenu Malkenu [2], Water in the Sky, Theme From the Bottom, Wolfman’s Brother, Everything’s Right, Miss You, Back on the Train, The Inlaw Josie Wales, Strange Design, Blaze On, Tide Turns, Sand, The Curtain[2], Farmhouse > Pigtail[2] > Bathtub Gin, Waste, Show of Life[2], WilsonENCORE: Brian and Robert, Bouncing Around the Room, More[2] Trey solo acoustic; first acoustic performance by Trey.This entire show was performed by Trey solo acoustic and featured the first Trey acoustic performances of “Avenu Malkenu,” “The Curtain,” “Pigtail,” and “Show of Life.”After a night off tonight, Trey Anastasio solo acoustic tour will wrap up with three performances this weekend beginning Friday evening in Durham, NC. For more information, head here.Trey Anastasio Upcoming Solo Acoustic DatesFeb. 16 – Durham, NC – Carolina TheatreFeb. 17 – Charlotte, NC – Knight TheatreFeb. 18 – Athens, GA – Classic Center On Wednesday night, Trey Anastasio continued his ongoing acoustic tour with a performance at Washington D.C.’s Sixth & I. The 100+-year-old temple is an active synagogue that celebrates intersections, an unexpected space where Jewish and secular culture meet. Trey was clearly in a spiritual zone last night, as the intimate general admission crowd was treated to multiple acoustic debuts and, as expected, more hilarious stories.last_img read more

8 trends that will reshape the fintech landscape in 2019

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first_img continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With the world becoming one enormous marketplace, we have seen a constant change in how businesses take place. This has been further fueled by new technologies and rapidly evolving customer expectations. Even the highly regulated banking and finance sector has in recent times witnessed the constant metamorphosis of its business models to stay ahead in disruptive times.When it comes to the financial services ecosystem, the fintech industry plays a significant role in determining how the sector moves forward. Fintech disruptors are changing how everything works – lending, payments, insurance, credit settlements, and more. In response, banks and traditional financial institutions are either partnering with fintech companies or developing and deploying their own solutions. Backing that up, a PwC report titled Financial services technology 2020 and beyond: Embracing disruption states that global investments in fintech have more than tripled since 2014 to cross $12 billion. With fintech solutions playing a significant role in the financial services value chain, let’s see what’s in store for 2019:Intelligent banking channelsFinancial service providers are tailoring each channel to adapt intelligently to deliver the next level of personalisation for users performing banking activities. By studying customer patterns and behaviours, banks can personalise the interface to suit specific usage preferences. This will translate into a unique usage journey for every end user; early adopter banks stand to gain a competitive edge because of the level of personalisation and end-user satisfaction offered.last_img read more

Controlling your smartphone

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first_img continue reading » Like a broken record, I tend to repeat things.One such thing is this: All of us control more than we believe in our lives, but we focus on things outside of our command.That’s why I loved this article from Better Humans: How to set up your iPhone for productivity.I never thought about how I set up my phone. If I added an app, I just … well, added it. I wasn’t strategic.  The article woke me up. We SHOULD be in charge of our phone’s settings.  And you can tweak it to improve things.While the article focused on iPhones, I’m sure the ideas would work for any smartphone.I’ll let you read it, but here are a few tips. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

CFPB proposes changes to payday rule, per CUNA request

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first_img continue reading » The Consumer Financial Protection Bureau released proposed rules making changes to its short-term, small-dollar lending rule Wednesday. CUNA has called on the CFPB to revise its rule to ensure credit unions are able to continue offering short-term, small-dollar lending options for members in need, and is currently analyzing the proposal.“Credit unions are known for providing safe and affordable short-term, small-dollar loans designed to keep members away from predatory payday lenders and debt traps,” said CUNA Chief Advocacy Officer Ryan Donovan. “We support bureau efforts to revise this rule, and urge the bureau to ensure these changes do not inhibit credit unions participating in the short-term, small-dollar loan market.”CUNA, in its letter sent to CFPB Director Kathy Kraninger in December, said it supports revisions to the rule that would create an express, broader exemption for credit union loan products. CUNA agrees with the bureau that payday lenders should be effectively regulated. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

The danger of anchoring

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first_imgI’m in the middle of a great book: The Undoing Project: A Friendship That Changed Our Minds.  It is a wicked good read.It discusses two Israeli psychologists who dove into how people make decisions. The book is unnerving – it describes how we unwittingly fool ourselves into making bad choices.The researchers touched upon anchoring. What is it? Your decisions can be adversely affected by placing too much emphasis or importance on the first piece of data you receive. That data “anchors” your mind in one area, leading it to dismiss or diminish subsequent information.Don’t believe it? The researchers did an experiment that you can repeat. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more