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California rents dipped 1% last year, first drop since 2020

California’s renters got a mild breather in 2023. When my trusty spreadsheet looked at ApartmentList’s rent data – a curious mix of landlord listings and Census stats – it’s clear that the Golden State remains a pricey place to be a tenant, even after pandemic-era rent hikes ended last year. The stats track rents in 46 states and the District of Columbia. The modest good news for California tenants is that rents by this measurement fell on average 1% last year to $2,156 after rising 11% in 2022 and 6% in 2021. Average rents fell 2% in 2020, the pandemic’s first year. California was one of 12 states with declining rents last year…

House prices rise but tough times endure amid market uncertainty

Business | Money | On the Money House prices have risen for three consecutive months – but experts warn they could fall by up to 4 per cent over the coming year. Property values increased 1.1 per cent in December due to a shortage of properties for sale, according to the Halifax house price index. This means the average UK home is now worth £287,105. But it’s feared that buyers and sellers are likely to remain cautious in 2024 because of the ongoing economic uncertainty. Sarah Coles, head of personal finance at Hargreaves Lansdown, says the average property had increased by £4,800 over the past year. “However, there’s every chance…

Housebuilder Stewart Milne Group in administration - talks continue over future…

Housebuilder Stewart Milne has collapsed into administration - but the future of its developments is still uncertain as its founder says he is “devastated” by the news. The group, based in north east Scotland, was put up for sale in April 2022 after its eponymous founder and main shareholder Stewart Milne decided to retire after more than 50 years. The sale process was paused in December after the turmoil of Liz Truss’s mini-Budget but . Now administrators from Teneo have been appointed to Stewart Milne Homes North West England, as well as to the Stewart Milne Group and to five other Scottish subsidiaries. However, Teneo said the…

Quant Crypto Price Dropped By 25% Last Week; What’s Next?

The Quant (QNT) price is at $112.90 with an intraday gain of 0.09%. Its market capitalization is $1.36 billion which has decreased by 4.65% in the last 24 hours. The QNT trading volume is $24.64 million and has increased by 32% within 24 hours. Current Price – 112.90 (0.09%) Price Prediction – $104.72 (-5.07%) Volume – $24.64 million Green Days – 11/30 (-37%) Market cap – $1.36 billion Fear & Greed Index – 71 (greed) Sentiment – Bearish RSI – 42.69 Volatility – 10.17% 200-day EMA – $107.07 The Quant price is predicted to drop 5.07% to reach $104.72 by January 13, 2024. The QNT price has remained bullish for 11 days out of the past…

UK CEO pay exceeds average worker salary for the year

Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images The average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary by 1 p.m. London time on Thursday, according to estimates from the High Pay Centre think tank. The U.K.’s top bosses will surpass the milestone an hour earlier than they did in 2023, the calculations suggest, while leading bankers will exceed it on Jan. 17. The calculations are based on the High Pay Centre’s analysis of the most recent available CEO pay figures from British blue-chip companies’ annual…