Home Appreciation Remains Steady, But Vegas Lags Behind

first_img Previous: New Mortgage Solutions Venture Announced Next: IndiSoft Names Kenneth M. Goins, Jr. CFO  Print This Post Related Articles Tagged with: Black Knight Black Knight Data & Analytics Home Price Index Report Home Prices in Daily Dose, Featured, Headlines, Journal, Market Studies, News Home / Daily Dose / Home Appreciation Remains Steady, But Vegas Lags Behind About Author: David Wharton The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Black Knight Black Knight Data & Analytics Home Price Index Report Home Prices 2018-01-29 David Wharton Demand Propels Home Prices Upward 2 days ago Dover, Delaware, must have been doing something right in November 2017—it led the nation that month when it came to growth in home prices. With an estimated population of 37,786 according to 2016 Census numbers, the capital of The First State saw local home prices increase 2.11 percent month-over-month last November, well above the national average of 0.27 percent. It was also significantly higher than the metro with the next-highest month-over-month appreciation—San Jose, California, at 1.52 percent. On the other end of the spectrum, Canton, Ohio, saw the largest drop of any U.S. metro, falling 2.24 percent month over month.All of that is according to the latest Home Price Index Report, released today by the Data and Analytics division of Black Knight, Inc. The report spotlights the state of home prices as they were in November 2017, which continued a 67-month consecutive streak of annual home price appreciation. U.S. home prices gained 6.44 percent year-over-year, as of November. On a state level, New York was top of the heap for month-over-month gains, with home prices increasing 1.36 percent between October and November. November marked the fifth month in a row that New York led in state-level monthly appreciation.Las Vegas continued to see gains in home prices, but home prices there still sit well below their 2006 peak. As of November, Vegas has gained nearly 13 percent year-over year—up an astonishing 93 percent over its low point—but still lags 25 percent behind that 2006 high point.Of the nation’s 40 largest metros, 12 hit new highs:Boston, MA ($468,000)Charlotte, NC ($230,000)Dallas, TX ($264,000)Denver, CO ($396,000)Kansas City, MO ($198,000)Los Angeles, CA ($665,000)Nashville, TN ($269,000) New York, NY ($476,000)San Diego, CA ($586,000)San Francisco, CA ($861,000)San Jose, CA ($1,073,000)Seattle, WA ($476,000)It isn’t good news across the board, however. While 11 of the nation’s 20 largest states hit new peaks, home prices fell in six of them. Wisconsin saw the largest drop, decreasing 0.37 percent, followed by Ohio (-0.31 percent), North Dakota (-0.26 percent), and Connecticut (-0.22 percent).You can read the full Black Knight report by clicking here. Servicers Navigate the Post-Pandemic World 2 days ago Home Appreciation Remains Steady, But Vegas Lags Behind Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago January 29, 2018 1,331 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Subscribelast_img read more

Google conforms to Italian gambling blanket ban policy

first_imgShare TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Related Articles Submit Share CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 StumbleUpon LiveScore adds new leagues to streaming offering August 12, 2020 Tech giant Google has moved to remove gambling-related content/services from being indexed on its Italian search results.The US firm has updated its Italian advertising policies, preparing for the approved mandate of Italy’s new coalition government’s ‘Dignity Decree’, which implements a blanket ban on forms of gambling/betting marketing, promotions, advertising and sponsorships.Updating stakeholders, Google details that as of 16 July ‘only state lotteries with deferred drawing will be allowed to run gambling advertisements in Italy.’The Lega-5Star blanket ban is expected to come into full effect on 1 January 2019. However, a number of sporting clubs and media owners have been granted a ‘transition period until 30 June 2019’ to partially fulfil existing contracts signed before the decree was approved by the Italian assembly.Italy’s coalition government has moved to implement, Europe’s toughest/strictest code of gambling advertising, with fines set at 5% of advertising/sponsorship value, with a minimum penalty requirement of €50,000 for each law breached by offending parties.Lega-5Star’s mandate has been lambasted by all Italian gambling leaders, and the sector’s wider stakeholders (media owners, football firms, affiliate and marketing agencies).Ahead of the start of a new football season, Serie A governance detailed its objection to the Lega-5Star decree.“It would cause competitive disadvantages to the Italian clubs and our teams advertising budget would be redirected abroad. In the 2017-18 season, twelve Serie A clubs have signed a partnership contract with companies of the betting industry, considered the 5th field for investments in the rank of the t-shirt sponsorship in the 6 main European tournaments”Google becomes the first international firm, to adhere to the new Italian code on gambling advertising, however, business insiders believe that further tech giants Facebook and Twitter will soon follow suit.It appears likely that Italian betting incumbents and wider stakeholders will move to mount a legal challenge against Lega-5Star’s Dignity Decree’ at both national parliamentary and European Court levels.Italian Deputy Prime Minister Luigi Di Maio has stood by his personally penned mandate, stating that protecting Italian consumers from the ills of gambling should be motion supported by all business and political stakeholders.last_img read more