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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

Renewables near 19 percent of Australian electricity generation

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first_img FacebookTwitterLinkedInEmailPrint分享Australian Financial Review:Renewable energy generated nearly 19 percent of national grid power in the year to June 30 and is on track to meet the Turnbull government’s emissions target without the National Energy Guarantee, a new report says.New wind and solar generation being built or committed under the existing federal Renewable Energy Target and just one other policy—the Victorian Renewable Energy Target—would be sufficient to achieve the government’s 2030 target of a 26 percent reduction in carbon dioxide emissions from 2005 levels by 2023-24, the report published by The Australia Institute says.Under those policies, the share of total grid generation taken by wind, solar, hydro and biomass would be about 29 percent of total National Electricity Market generation. Adding rooftop solar would lift the renewables share to just above 35 percent.Renewables hit a record 18.8 percent of NEM energy including rooftop solar in the year just completed, or 15.7 percent without rooftop solar.The surge of wind and solar energy into the grid would likely force EnergyAustralia’s 1480 megawatt Yallourn brown coal power station, the most carbon dioxide intensive plant in the NEM, which is due to close by 2032, out of service by around the mid-2020s, the report’s author, energy expert Hugh Saddler, said.Dr. Saddler said the NEG’s negligible incremental impact on emissions showed that a more ambitious target was “absolutely” needed because it would be the lowest-cost way to reduce emissions nationally and avoid imposing more onerous emissions reductions on sectors such as transport, agriculture and industry that don’t have the easy abatement options of the electricity sector.More: Renewables nearly 19 percent of the grid, set to overtake NEG Renewables near 19 percent of Australian electricity generationlast_img read more

Comelec resumes voter registration

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first_imgThose who will be at least 18 years ofage on or before Election Day, or on May 9, 2022, who is a resident in thePhilippines for at least one year and in the place where he or she intends tovote for at least six months on or before Election Day, may register. Valera urged those qualified not to waitfor the deadline but visit early its office to register in preparation for thenational and local elections two years from now./PN ILOILO CITY – Voter registration forthe 2022 national and local elections will resume  beginning Jan. 20,announced the Commission on Elections (Comelec) in Western Visayas. * Applications for registration Registered voters as of the May 13, 2019midterm elections need not apply anew. * Reinstatement of name in the list ofvoters Meanwhile, there will be no voterregistration in 23 municipalities of Palawan in view of the plebiscite set onMay 11 for the ratification of Republic Act 11259 which divides it into threeseparate provinces — Palawan del Norte, Palawan Oriental and Palawan del Sur. * Change or correction of entries in theregistration record Registration should be done personallyat the city or municipality’s office of the election officer from 8 a.m. to 5 p.m.,Mondays to Saturdays, including holidays. * Reactivation of registration record * Transfer of registration records Persons with disabilities, seniorcitizens, as well as members of indigenous peoples or indigenous culturalcommunities and other members of vulnerable sectors may also update theirrecords. Based on Comelec Resolution No. 10635, thepoll body said the new registration period will cover the following: “As usual masunod kita sa schedule nga ginpanaog sang Comelec-centraloffice. Open ang aton tanan nga municipaland city election offices sapagbaton sang application for registration starting on Jan. 20,”Valera told Panay News on Saturday. According to Comelec assistant regionaldirector Atty. Tomas Valera, the system of continuing registration would runfor 21 months from Jan. 20, 2020 to Sept. 30, 2021.last_img read more

City deny Simeone approach

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first_img And on the latest edition of Sky Sports’ Revista de La Liga programme, Spanish journalist Guillem Balague claimed the Argentinian would be staying on with his current employers despite having had a “huge offer” from City. However, City sources have categorically denied to Press Association Sport that the club made a bid for Simeone’s services or that they are interested in the 44-year-old. Since Simeone took charge at Atletico in 2011, the trophies they have won include the Europa League and Primera Division, and they have also reached the Champions League final. Chilean Pellegrini guided City to the Barclays Premier League title, victory in the Capital One Cup final and the club’s first-ever participation in the Champions League knock-out rounds last season, his first term in the job. Since then they have suffered a second successive last-16 exit in the continental competition, and in the Premier League – their last hope of silverware in 2014-15 – they are currently second, six points behind Chelsea, who have a game in hand. Manchester City have denied making an offer to, or being interested in, Atletico Madrid boss Diego Simeone. With City looking set to go trophyless this season, there has been plenty of talk of late about the prospect of manager Manuel Pellegrini being replaced in the summer. Simeone – who Atletico on Tuesday confirmed had signed a new contract with them through to 2020 – had been among those mentioned as a potential successor. center_img Press Associationlast_img read more

PICK SIX CARRYOVER OF $103,276 INTO SUNDAY; TOTAL PICK SIX POOL SHOULD APPROACH $750,000

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first_imgARCADIA, Calif. (May 28, 2016)–There is a Pick Six carryover of $103,276 into Sunday at Santa Anita and it’s expected Sunday’s total Pick Six pool should approach $750,000.With a nine-race card on tap Sunday, the Grade II, $200,000 Charles Whittingham Stakes, which will be run as race eight, will serve as the headliner.Sunday’s Pick Six will begin with the fourth race, with approximate post time at 3:30 p.m. PDT.First post time on Sunday is at 2 p.m., admission gates open at 11:30 a.m.last_img read more

SUPERSTAR CALIFORNIA CHROME ARRIVES SUNDAY MORNING AT SANTA ANITA IN ADVANCE OF GRADE I, $300,000 AWESOME AGAIN STAKES ON SATURDAY

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first_imgSHERMAN TRAINEE VANNED FROM LOS ALAMITOS & ARRIVES AT 12 NOON ARCADIA, Calif. (Sept. 24, 2016)–North America’s all-time leading money earner, California Chrome arrived by van at Santa Anita on Sunday at 12 noon as he begins final preparations for next Saturday’s Grade I, $300,000 Awesome Again Stakes, final major steppingstone to the $6 million Breeders’ Cup Classic at Santa Anita Nov. 5.Owned by Perry Martin and Taylor Made Farms’ California Chrome LLC, the 5-year-old California-bred horse by Lucky Pulpit has earnings of $13,252,650 and will be in search of his sixth consecutive victory on Saturday.“The trip was uneventful,” said assistant trainer Alan Sherman following California Chrome’s 34-mile freeway trek. “He’s a trooper. He doesn’t mind traveling, that’s for sure. He’ll jog tomorrow on the main track and we’ll go out with him at about seven (a.m.).”Fresh off a smashing five length score in the Pacific Classic Aug. 20, California Chrome, a winner of the 2014 Santa Anita and Kentucky Derbies, began his current five game winning streak at The Great Race Place on Jan. 9, as he was an impressive winner of the Grade II San Pasqual Stakes.Voted Horse of the Year in 2014, “Chrome’s” biggest career victory came three starts back on March 26, as he waltzed to a 3 ¾ length victory in the $10 million Dubai World Cup. Tentative plans for the striking chestnut call for him to conclude his incredible racing career by running in the $12 million Pegasus World Cup at Gulfstream Park on Jan. 28.Following the Pegasus, California Chrome is expected to begin stud duty at Taylor Made Farm in Kentucky.The Awesome Again Stakes is one of five Grade I Breeders’ Cup “Win and You’re In” Challenge races that reward the winner in each a fees-paid berth in their corresponding races on Nov. 4 & 5.For more information on Santa Anita’s 23-day Autumn Meet, please visit santaanita.com.last_img read more

Ohio Ag Weather and Forecast – April 12, 2019

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first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Jeremy KappellA line of showers with embedded rumbles of thunder move from west to east across the state this morning for most, but not reaching Eastern parts of the state until this afternoon.  While a few showers will be capable over some brief heavy downpours, overall rainfall looks to be fairly light on the order of 0.10 to 0.30″ for most.  Despite the clouds and showers temps look to remain mild with highs in the 60’s statewide and temps perhaps into the lower south into 70’s into Appalachian Country with breezy south to southwesterly winds on the order of 15-25 mph with higher gusts.Temps will cool only a bit behind a cold front as we slide into the weekend on a dry note with morning temps starting in the 40’s.  High pressure looks to bring some quiet conditions Saturday with highs reaching the upper 50’s northwest and middle 60’s southeast.Confidence continues to increase that another low will form across the Lower Mississippi River Valley by late Saturday driving up the potential for some heavy rainfall late Saturday night and into Sunday.  This system could bring some very generous rains to the area with an inch or two possible in most areas.Following a breezy, damp and cooler Monday with temps topping out in the 40’s, data suggests we’ll warm it up quickly into the middle of next week with highs returning to the 60’s and lower 70’s by Tuesday and Wednesday.  While there will be a chance of a shower on Wednesday.  That better chance for rain and maybe some thunderstorms will arrive on Thursday as models are hinting at another strong disturbanc during that time frame.We’ll continue with the chance for rain next Friday and data strongly suggests another cool down heading into next weekend.  Just how much of a cool down remains to be seen, but there have been a number of model runs pointing at the possibility of some very cold rain showers or even wet snow!  At this point, it’s unclear how long the cooler weather will last.last_img read more

Magical Mystery Green Home Tour

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first_imgNAHB’s National Green Building Conference in Raleigh, N.C., kicked off with a full-day tour of green homes ranging from very affordable small houses to luxury spec and custom projects. Having avoided home tours for many years, I finally took the plunge and signed up for this one. Lots of interesting things to see, particularly in the more modest projects, but boy, was it an ordeal. Long hours sitting on a bus between projects, including several hair-raising wrong turns that required our full-size tour bus to back up onto two-lane rural highways to turn around. And one slow drive up a narrow gravel drive lined with trees with barely enough room for the bus to fit between.The first stop was an infill development by Builders of Hope, a non-profit that relocates and rebuilds homes as affordable housing for owners earning 60% to 80% of the local median income. Their model is to accept donated houses that are typically stripped to the framing, moved to their sites, and then completed to high-performance specifications. Roofs are removed or cut and laid flat. Two-story houses have the second-floor walls laid down for transport. Builders of Hope claims they retain about 60% of the structure, but it seemed less than that to me. When I asked them about the economy of moving the structures, I learned that the owners of donated homes pay for half the cost of moving, which, combined with the tax deductions they get, provides them with a net financial benefit. This also gives Builders of Hope a very inexpensive structure that they place on a new foundation. The completed homes usually have a HERS Index of about 70, and feature hardwood floors and comprehensive air-sealing packages, some with spray foam rooflines and sealed crawlspaces. Homes have an energy guarantee from Advanced Energy’s System Vision program and are certified as Healthy Built Homes.Our second stop was at a 100-year-old house, previously chopped up into a boarding house, which had been restored into a single-family home by Studio B Architecture and BuildSense. They jacked the house up and built a new foundation below, retained much of the original siding and exterior trim, and constructed both a sealed crawlspace and attic. Unfortunately, few of the high-performance features were visible, although the house looked good.Air sealing 101Cimarron Homes, our third stop, develops high-performance entry-level homes, and we were fortunate to see several houses in various stages from framing to completion. The houses were rather undistinguished from the exterior, featuring vinyl siding and windows, but they appeared to be very well built, with some of the best air-sealing techniques I have seen in production building. They make a compelling case that anyone can build a high-performance home, and reinforce my personal opinion that anything less than green building should be illegal. Anyone who can’t build to these standards just shouldn’t be in the business.Our midday stop allowed us to have a leisurely box lunch on the back patio and dock of a custom home by M Squared builders. This project was certified gold according to the original NAHB Green Building Guidelines (now superseded by the Green Building Standard), which didn’t emphasize community resources and connectivity—a good thing for this well-built home that is pretty much in the middle of nowhere. The features I particularly liked were the patios made of reclaimed concrete slabs, and the rain garden/drainage ditch in the front yard. Like any completed home, it is difficult to see what was done, and proves the point that green homes don’t have to look any different from “regular” ones.Outrageous? Maybe soOur next stop was a self-described “outrageously green” home from Chandler Design-Build, built by Michael Chandler (a Green Building Advisor and friend), and designed by Beth Williams (his much better half). This house featured locally harvested bark siding, a radiant heating system powered by evacuated tube solar collectors, ICF foundations, and a combination of spray foam and blown-in fiberglass insulation. The energy-efficient features combined to give this house a HERS index of 58. Fun design features included goat fencing used for deck rails, lots of reclaimed wood on the interior, and a set of clerestory windows around the main living area.The last house on our tour was a spec home by Eco Building Group. The highlight of this house was the snacks and drinks provided for our weary bodies, which perked us up considerably. With a HERS index of 67, this house was a solid performer with nice features and finishes, including a fun outdoor shower off a bedroom suite. Poking around, I found the crawlspace to be a good example of sealed design, and an exterior mounted tankless heater as a nice way to save the cost of vent pipes while placing the heater close to the plumbing.Back on the bus, we hightailed it back to the conference center just in time to hear the keynote speech to kick off the conference. Next report: highlights of the conference itself. Stay tuned.last_img read more

Oladipo’s 19 leads Pacers, snapping Spurs’ home streak

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first_imgIndiana Pacers guard Victor Oladipo (4) drives to the basket past San Antonio Spurs center Pau Gasol (16) during the first half. APSAN ANTONIO — Indiana made itself at home at an arena that’s rarely hospitable to visiting teams.Victor Oladipo scored 19 points and the Pacers defeated San Antonio 94-86 on Sunday (Monday Manila time), snapping the Spurs’ 14-game home winning streak.ADVERTISEMENT Brace for potentially devastating typhoon approaching PH – NDRRMC Read Next John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding View comments Asked if Dejounte Murray would continue to start at point guard, Spurs coach Gregg Popovich said, “We’ll see.”Murray had eight points, seven rebounds, four assists and four turnovers in 28 minutes.“A little different, so I guess we’re figuring where we need certain things (with Parker) coming off the bench to start the game,” Spurs guard Danny Green said. “Trying to get a happy medium of getting some fast pace, slower pace, getting it inside, working outside, but turn the ball over a little less, move it a little bit better.”Parker responded with 12 points, five assists and one turnover, but LaMarcus Aldridge struggled without the veteran point guard.The Pacers stymied Aldridge offensively even without the injured Myles Turner, limiting the Spurs forward to a season-low 10 points. Aldridge finished 5 for 14 from the field.ADVERTISEMENT Dinwiddie basket in last second, Nets beat Pistons Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles01:31Go: Search for ‘perfect, honest man’ to lead PNP still on01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City 2 ‘newbie’ drug pushers fall in Lucena sting San Antonio lost at home for the third time this season and the first since Nov. 10 against Milwaukee.“It’s just a great win for this young team to come into San Antonio, where they only lost two games,” Pacers coach Nate McMillan said. “This has always been a tough place to play and to end the road trip when you’re a little fatigued and a little tired. The challenge was mentally give yourself a chance by giving the effort, staying connected, playing together, and they did.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutThe Pacers became the first Eastern Conference team in three years to sweep a season series from the Spurs.With Manu Ginobili, Rudy Gay and Kawhi Leonard out with injuries, San Antonio made a last-minute lineup change, bringing Tony Parker off the bench for the 14th time in 1,165 career games. Slow and steady hope for near-extinct Bangladesh tortoisescenter_img Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers MOST READ Don’t miss out on the latest news and information. Kammuri turning to super typhoon less likely but possible — Pagasa The difficulty of winning in San Antonio was not lost on veterans Collinson and Jefferson.“It’s big time,” Collison said. “Al and I were just talking about all that it takes to get a victory here. It’s a good win all around. If we can continue to keep this up, the way we’ve been playing, beating teams like this, we’re going to have a very good time.” Typhoon Kammuri accelerates, gains strength en route to PH LATEST STORIES “Thaddeus (Young) did a really nice job of making LaMarcus work,” McMillan said. “You don’t stop those guys, but he was physical and made it tough for him to score. The rest of our guys did a good job defending and just keeping them in front.”Indiana, which led by as many as 17 points, had 15 steals while forcing 20 turnovers.“We did a great job just getting stops and moving the ball,” Oladipo said. “They’re a tough team to play against. Well-coached team, great players over there, it was a tough-fought team win. We’ve just got to build on it.”Darren Collison added 15 points for Indiana, which snapped a three-game losing streak in San Antonio.The Spurs pulled within 83-76 with 5:03 remaining on Davis Bertans’ 3-pointer, but San Antonio committed two turnovers on the next two possessions.“It happens a little too much with our team,” said Pau Gasol, who had 14 points. “We get a little bit out of whack. We don’t execute, we’re a little sloppy at times and we pay the price. We can’t afford mistakes like that.”TIP-INSPacers: Turner missed his seventh straight game with an injured right elbow. He high-stepped halfway down the baseline in celebration after Al Jefferson dunked on Gasol early in the fourth quarter. … The Pacers concluded their longest trip of the season, going 3-2. … Indiana came in averaging 106.5 points per game, which was 10th in the league.Spurs: Ginobili was a late scratch after being listed as questionable with bruised right thigh. … Popovich said he is still not sure when Leonard will return as he continues to rehabilitate right quadriceps tendinopathy. … Spurs players have missed 123 games collectively because of injuries and sat out 10 games for rest. … Aldridge’s previous low was 11 points against at Boston on Oct. 30.BIG WINlast_img read more