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Canada’s hottest real estate market to end self-regulation

  Bloomberg Canada’s province of British Columbia will end self-regulation of the real estate industry as government officials move to rein in unethical practices that may be stoking home prices in Vancouver, one of North America’s fastest-appreciating cities. “The real estate sector has had 10 years to get it right on self regulation and they haven’t,” Premier Christy Clark said. ...

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San Francisco landlords gird for slowdown as startup frenzy ebbs

  Bloomberg Office landlords are bracing for a cooling of San Francisco’s red-hot market as weaker startup valuations and lower venture-capital funding temper years of runaway growth in the technology-industry hub. The city’s office-vacancy rate jumped in the second quarter by the most since the last recession, while the amount of space available for sublease almost doubled, according to a ...

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Iran’s July oil exports to fall but 70pc higher than a year ago

  Tehran / Reuters Iran’s oil exports in July are set to fall from June levels as the country battles Saudi Arabia and Iraq for market share but are about 70 percent higher than a year ago, according to a source with knowledge of the country’s crude lifting plans. Exports will be about 2.14 million barrels per day (bpd) in ...

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