Burning real estate boom: properties are selling at record speed

Homes are selling at record speed as Australia’s supercharged real estate boom continues, with buyers using cheap loans to purchase more expensive properties. Australian residential properties are selling at record speeds while in short supply, with the average number of days homes listed on a popular website hit record highs …

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Nordea performs better on loans, fewer bad debts

STOCKHOLM – Nordea Bank Abp on Thursday posted higher than expected net profits for the fourth quarter thanks to higher loans and lower loan losses. The Helsinki-based bank posted a net profit of 725 million euros ($ 872.2 million) compared to 753 million euros for the same period a year …

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