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Apartments sold and rented – Globes

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Second-hand apartments sold
Tel Aviv and central region
Ramat Hasharon: A 91-sq.m. three-room, second floor apartment with an elevator but no parking on Weizmann St. was sold for NIS 2.15 million. A 126-sq.m., four-room, first floor apartment with a balcony, storage room, elevator and two parking spaces on Hashfela St. was sold for NIS 3.4 million (Anglo-Saxon).

Herzliya: A 115-sq.m., five-room, second floor apartment with a balcony, elevator and parking on Bnei Binyamin St. in the Herzliya Yaroka neighborhood was sold for NIS 2.6 million. A 105-sq.m., four-room, sixth floor apartment with an elevator and parking on Emma Tauber St. was sold for NIS 2.52 million. A 120-sq.m., five-room, first floor apartment with a balcony, elevator and parking on Ibn Gbriol St. in the city center was sold for NIS 2.85 million (RE-MAX – Star).

Rehovot: A 100-sq.m. four-room, third floor apartment with two balconies, storage room, elevator and parking on Yehuda Gorodsky St. was sold for NIS 2.15. A 140-sq.m., five-room, third floor duplex apartment with a 28-sq.m. balcony, storage room, elevator and parking on Shderot Chen was sold for NIS 2.7 million (Anglo-Saxon).

Pardes Hanna-Karkur: A 100-sq.m., five-room, second floor apartment with no elevator and no parking in Pardes Hanna was sold for NIS 915,000 (Anglo-Saxon).

Haifa and the north
Haifa Bay – Krayot: A 88-sq.m., four-room, second floor apartment with a balcony, storage room and parking on Haviva Reich St. in Kiryat Bialik was sold for NIS 1.02 million. A 97-sq.m., four-room, second floor apartment with a storage room, elevator, and parking on Dakar St. in Kiryat Motzkin was sold for NIS 1.06 million. A 75-sq.m., three-room, fourth floor apartment with a storage room on Shvil Hamodiin St. in Kiryat Motzkin was sold for NIS 575,000. A 140-sq.m., six-room garden apartment with a 80-sq.m. garden, storage room, and two parking spaces on Haneviim St. in Kiryat Ata was sold for NIS 1.35 million. A 140-sq.m., five-room, first floor apartment with two balconies, a storage room, elevator and two parking spaces on Ha’ela St. in Kiryat Ata was sold for NIS 1.15 million. A 106-sq.m., 4.5-room, fourth floor apartment with a balcony, storage room, elevator and parking on Vered St. in Kiryat Motzkin was sold for NIS 1.1 million (RE-MAX – Family).

Published by Globes, Israel business news – en.globes.co.il – on October 18, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020




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Economy

Honda reaches $5 million defective air bag settlement with Arizona By Reuters

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© Reuters. FILE PHOTO: The Honda logo displayed at the 89th Geneva International Motor Show in Geneva

(Reuters) – Arizona reached a $5 million settlement with Honda Motor Co’s (T:) U.S. units Wednesday in a probe into defective Takata air bag systems, state Attorney General Mark Brnovich said.

The settlement follows an $85 million settlement announced in August with nearly all other U.S. states. Arizona said the Honda settlement includes $1.65 million in restitution for state consumers, a $2.13 million repair incentive program, $750,000 for consumer outreach and a $500,000 payment to Arizona.

Faulty air bag inflators have been tied to at least 15 U.S. deaths in Honda vehicles.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Fed’s Mester says policymakers need to watch for financial stability risks By Reuters

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© Reuters. Cleveland Federal Reserve Bank President Loretta Mester speaks in London

(Reuters) – The Federal Reserve’s new approach to monetary policy should help the central bank influence the economy at a time when interest rates and inflation are low, but policymakers need to keep an eye out for financial stability risks, Cleveland Fed Bank President Loretta Mester said Wednesday.

The framework clarifies that strong employment on its own is not a concern to the Fed unless there are strong inflationary pressures or financial stability risks, Mester said. But policymakers also need to remember that low rates could encourage “higher levels of borrowing and financial leverage, increased valuation pressures, and search-for-yield behavior,” she said.

“While monetary policy that leads to a stable macroeconomy encourages financial stability, it is also possible that in an environment with low neutral rates, a persistently accommodative monetary policy could, in some cases, increase the vulnerabilities of the financial system,” Mester said in remarks prepared for a virtual event on monetary policy.

The relationship between low rates and stability needs to be studied, she said. “How best to approach the nexus between monetary policy and financial stability in a low-interest-rate world deserves more consideration,” Mester said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Fed’s Brainard says more fiscal, monetary support needed By Reuters

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© Reuters. Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge

By Dan Burns and Ann Saphir

(Reuters) – Despite a “heartening” early bounceback from the initial hit to the U.S. economy delivered by the COVID-19 pandemic, the recovery has been uneven and will require continued support from the Federal Reserve and fiscal authorities to ensure it becomes broadbased and sustainable, Federal Reserve Governor Lael Brainard said on Wednesday.

Brainard, in remarks to an online conference of the Society of Professional Economists, said the economy’s overall gains since the worst of the crisis mask big disparities among sectors and among Americans that could hold back the overall recovery.

The Fed, she said, is committed to providing “sustained accommodation” to the economy for as long as needed. At the same time, the biggest risk to her outlook for recovery is that fiscal support from the federal government will be withdrawn too soon.

“This strong support from monetary policy – if combined with additional targeted fiscal support – can turn a K-shaped recovery into a broad-based and inclusive recovery that delivers better outcomes overall,” Brainard said.

Brainard’s reference to a “K-shaped” recovery nods to an increasingly popular description of the rebound from the spring’s low point in activity, under which many households and small businesses have seen little improvement.

“Premature withdrawal of fiscal support would risk allowing recessionary dynamics to become entrenched, holding back employment and spending, increasing scarring from extended unemployment spells, leading more businesses to shutter, and ultimately harming productive capacity,” Brainard said.

Among the more troubling developments from the recession caused by the pandemic, she said, are that job losses have occurred disproportionately among minority populations and, more recently, that prime-age working women have left the labor force.

“If not soon reversed, the decline in the participation rate for prime-age women could have longer-term implications for household incomes and potential growth,” she said.

Brainard signaled that the Fed will not only keep rates at their current near-zero level for years, but will, even after liftoff, raise them only gradually to keep rates at levels designed to stimulate economic growth.

The central bank will “have the opportunity” in the months ahead to clarify how the Fed’s asset purchase program could best work in combination with forward guidance on rates, she said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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