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Daily Archives: August 23, 2016

Homebuilder stocks rise on strong housing data
Real Estate

Homebuilder stocks rise on strong housing data

Saheli 23 Aug 2016 697 Views

Homebuilder stocks gained Monday as builders showed more confidence in the market for new homes in August. The SPDR S&P Homebuilders ETF (XHB) rose more than 1 percent at its high, led by shares of Toll Brothers, CalAtlantic and Taylor Morrison, which all gained about 2 percent. The National Association ... Read More »

Homebuilder sentiment up 2 points in August on shortage of existing homes
Real Estate

Homebuilder sentiment up 2 points in August on shortage of existing homes

Saheli 23 Aug 2016 637 Views

A shortage of existing homes for sale is boosting the market for newly-built homes, and fueling confidence among builders right along with it. A monthly reading of builder sentiment rose two points to 60 in August; anything above 50 is considered positive on the National Association of Home Builders/Wells Fargo ... Read More »

Mortgage applications fell 4% even as rates sit near record lows
Real Estate

Mortgage applications fell 4% even as rates sit near record lows

Saheli 23 Aug 2016 683 Views

Mortgage apps down 4% lastweek  Wednesday, 17 Aug 2016 | 7:32 AM ET|01:04 Even with mortgage interest rates sitting near record lows, mortgage applications failed to make any gains last week. Total application volume decreased 4 percent on a seasonally adjusted basis for the week from the previous week, according to ... Read More »

Nearly 6 million still owe more on mortgages than their homes are worth
Real Estate

Nearly 6 million still owe more on mortgages than their homes are worth

Saheli 23 Aug 2016 651 Views

Five years after the housing recovery began, 5.9 million borrowers still owe more on their mortgages than their homes are worth. The so-called negative equity rate in the U.S. is falling, now at 12 percent of all mortgaged homeowners, according to Zillow, down from more than 14 percent a year ... Read More »

City roof decks raising the stakes on housing
Real Estate

City roof decks raising the stakes on housing

Saheli 23 Aug 2016 595 Views

The push toward urban living is pushing the envelope for real estate developers, forcing them to become more creative with the space they have. That means squeezing taller buildings into slimmer spaces, multiplying the housing stock with micro-units and taking living space over the top — literally. Roof decks are ... Read More »

Jordan Gets $100 Million for Education of Syrian Refugees
Education

Jordan Gets $100 Million for Education of Syrian Refugees

Saheli 23 Aug 2016 518 Views

AMMAN —  Donor countries have pledged close to $100 million to help Jordan enroll all Syrian refugee children in the kingdom in schools next month. In the previous school year, 145,000 Syrian children in Jordan attended school, while 91,000 didn’t, in part because of overcrowding. Jordan is now adding a ... Read More »

NYC Education Department Urges Renewal of Pearson Entrance-Test Contract

Saheli 23 Aug 2016 524 Views

New York City’s Department of Education on Monday recommended renewing its contract with Pearson PLC, a six-year deal worth up to $13.4 million in which the education company would continue providing entrance exams for the city’s specialized high schools. Every year about 30,000 eighth-graders take the admissions test in the ... Read More »

Government education reform focuses on school-aged children learning from home
Education

Government education reform focuses on school-aged children learning from home

Saheli 23 Aug 2016 568 Views

In a move to get with the times Education Minister Hekia Parata has announced school-aged children will be able to do all their learning online. The sweeping change will allow any school, tertiary provider or an approved industry to apply to be a “community of online learning” (COOL). NZ First has slammed ... Read More »

‘Communities of Online Learning’ mooted in biggest education update in 27 years
Education

‘Communities of Online Learning’ mooted in biggest education update in 27 years

Saheli 23 Aug 2016 550 Views

Education Minister Hekia Parata has brought a bill to parliament which she says sets clear school objectives for the first time. The Education (Update) Amendment Bill provides for a National Education and Learning Priorities statement (NELP). Source: ONE News “For the first time, early childhood education providers, schools and kura ... Read More »

Education powers with LG, Delhi govt tells Assembly
Education

Education powers with LG, Delhi govt tells Assembly

Saheli 23 Aug 2016 560 Views

The Delhi government informed the Assembly Monday that the powers and authority related to education lie with the Lieutenant Governor. The government’s position comes at a time when it is entangled in a power tussle with the LG’s office. A list of nearly 19 functions-cum-powers vested with the LG and ... Read More »

Jordan: Positive Steps on Education for Syrian Children
Education

Jordan: Positive Steps on Education for Syrian Children

Saheli 23 Aug 2016 513 Views

(Amman) – Jordan’s education minister has instructed public schools to allow Syrianchildren to register in the fall semester even if they lack government-issued documents that were previously required, Human Rights Watch said today. Carrying out this and other announced policy changes could help thousands more children attend school this semester. ... Read More »

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