National average home price forecast to rise by...
8
FOR BEST DEALS AND INFORMATION SEE PAGE 36 SHRUTI HAASAN DEEPIKA PADUKONE KATRINA KAIF PICS: IANS ELLI AVRAM NISSAN INTRODUCING THE SWAY CONCEPT National average home price forecast to rise by 2% to $416,200 in 2015; 1.9% to $424,100 in 2016 NEHA DHUPIA Models showcases fashion designer Anupama Dayal`s creations during Amazon India Fashion Week in New Delhi (IANS). GENEVA - Innovative design and product planning gave birth to the Qashqai and Juke, two of the biggest automotive success stories in recent years. Now the company has applied the same radical think- ing to one of the most important sectors of the market: the compact hatchback. Unveiled at the Geneva Show, the Sway is a glimpse at how a future generation of compact Nissan models might look if the company's striking new design language was applied to a European hatchback. It is a concept car designed especially to appeal to European tastes: it is seen as emotional, edgy and exciting. Sway has been designed to shake up the compact hatchback seg- ment, traditionally a conservative sector of the market. With its swoop- ing lines, striking nose, elegantly simple interior and bold use of sophisticated colours, the concept is a daring and emotional design. There is an overall sense of unity and harmony... but with edginess unexpected in this market segment. The interior, for example, applies techniques more usually seen in industrial architecture such as struc- tural aluminum elements to signify both simplicity and strength, but also the attention to detail and use of colour and materials associated with premium goods. The exterior, meanwhile, blends four highly distinctive elements - the V-motion grille, floating roof, boomerang lamps and kicked-up C-pil- lar - to shape a new design signature that has already been seen on the Nissan Lannia Concept that was presented last year in Beijing at Auto China 2014, as well as the new Murano recently launched in North America. The Sway represents the first time this new design language has been expressed on a compact hatchback, while future Nissan models in different market segments in all regions will follow this styling direction. The Sway's character line begins with the V-motion grille, mounted low at the front between twin V-shaped quarter bumpers. The grille is the starting point for a bold contour that curves over the hood and front wheels before dipping dramatically towards the center of the front door. It then sweeps upwards towards the rear of the car, giving the side profile an almost sensuous form. OTTAWA - The further decline in oil prices since CREA's last forecast has shaken consumer confidence in the Prairies, pushing potential homebuyers to the sidelines and prompting more homeowners to put their home on the market. This has led to a rapid shift in market balance in Alberta, and to a lesser extent, Saskatchewan. Annual sales in these provinces are expected to come in well below elevated levels posted last year, with small declines in average residential prices in 2015. Additionally, the Canadian dollar has weakened further against the U.S. dollar, mortgage rates have declined and the U.S. economy has strengthened since CREA's last forecast, which taken together are expected to benefit economic and job growth in other provinces. Ac- cordingly, CREA has upwardly revised its forecast for sales activity for much of the rest of the country. The balance between supply and demand continues to tighten in Brit- ish Columbia and Ontario. These are the only two provinces where tight supply relative to demand is expected to result in average price gains that surpass inflation this year. By contrast, average prices in Quebec and the Atlantic region are expected to remain relatively stable, as sales deplete elevated levels of supply. On balance, the forecast for national sales has been revised lower, reflecting downward revisions to the outlook for sales in Alberta. National sales are now projected to reach 475,700 units in 2015, representing an annual decline of 1.1 per cent. This would place an- nual activity slightly above but still broadly in line with its 10-year average (Chart A). British Columbia is projected to post the largest annual increase in activity in 2015 (+4.9 per cent) followed closely by Nova Scotia (+3.7 per cent), Quebec (+2.5 per cent), New Brunswick (+2.5 per cent), Ontario (+1.9 per cent), and Prince Edward Island (+1.4 per cent). These numbers represent upward revisions to CREA's previ- ous forecast. Alberta is expected to post the largest annual decline in sales this year (-19.2 per cent), though the trend for activity is ex- pected to begin recovering from a weak start to the year as consumer confidence recovers. Sales are also forecast to decline on an annual basis in Saskatchewan (-11.2 per cent), and Manitoba (-2.2 per cent). The national average home price is now forecast to rise by two per cent to $416,200 in 2015. Only British Columbia (+3.4 per cent) and Ontario (+2.5 per cent) are forecast to see gains in excess of the national increase. Prices are projected to remain largely stable elsewhere, with in- creases or decreases of around one per cent or less this year. The exception is Alberta, where average price is forecast to fall by 3.4 per cent, reflecting a pullback in sales for luxury properties compared to homes in more affordable price segments.
Transcript of National average home price forecast to rise by...
FOR BEST DEALS AND INFORMATION SEE PAGE 36
SHRUTI HAASAN DEEPIKA PADUKONE KATRINA KAIF PICS: IANSELLI AVRAM
NISSAN INTRODUCINGTHE SWAY CONCEPT
National average home price forecast to rise by 2%to $416,200 in 2015; 1.9% to $424,100 in 2016
NEHA DHUPIA
Models showcases fashion designer Anupama Dayal`s creations during Amazon India Fashion Week in New Delhi (IANS).
GENEVA - Innovative design and product planning gave bir th to theQashqai and Juke, two of the biggest automotive success stories inrecent years. Now the company has applied the same radical think-ing to one of the most important sectors of the market: the compacthatchback.Unveiled at the Geneva Show, the Sway is a glimpse at how a futuregeneration of compact Nissan models might look if the company'sstriking new design language was applied to a European hatchback. Itis a concept car designed especially to appeal to European tastes: itis seen as emotional, edgy and exciting.Sway has been designed to shake up the compact hatchback seg-ment, traditionally a conservative sector of the market. With its swoop-ing lines, striking nose, elegantly simple interior and bold use ofsophisticated colours, the concept is a daring and emotional design.There is an overall sense of unity and harmony... but with edginessunexpected in this market segment. The interior, for example, appliestechniques more usually seen in industrial architecture such as struc-tural aluminum elements to signify both simplicity and strength, butalso the attention to detail and use of colour and materials associatedwith premium goods.The exterior, meanwhile, blends four highly distinctive elements - theV-motion grille, floating roof, boomerang lamps and kicked-up C-pil-lar - to shape a new design signature that has already been seen onthe Nissan Lannia Concept that was presented last year in Beijing atAuto China 2014, as well as the new Murano recently launched inNorth America. The Sway represents the first time this new designlanguage has been expressed on a compact hatchback, while futureNissan models in different market segments in all regions will followthis styling direction.The Sway's character line begins with the V-motion grille, mountedlow at the front between twin V-shaped quar ter bumpers. The grille isthe star ting point for a bold contour that curves over the hood and frontwheels before dipping dramatically towards the center of the frontdoor. It then sweeps upwards towards the rear of the car, giving theside profile an almost sensuous form.
OTTAWA - The fur ther decline in oil prices since CREA's last forecasthas shaken consumer confidence in the Prairies, pushing potentialhomebuyers to the sidelines and prompting more homeowners to puttheir home on the market. This has led to a rapid shift in marketbalance in Alber ta, and to a lesser extent, Saskatchewan. Annualsales in these provinces are expected to come in well below elevatedlevels posted last year, with small declines in average residentialprices in 2015.Additionally, the Canadian dollar has weakened fur ther against theU.S. dollar, mor tgage rates have declined and the U.S. economy hasstrengthened since CREA's last forecast, which taken together areexpected to benefit economic and job growth in other provinces. Ac-cordingly, CREA has upwardly revised its forecast for sales activityfor much of the rest of the country.The balance between supply and demand continues to tighten in Brit-ish Columbia and Ontario. These are the only two provinces wheretight supply relative to demand is expected to result in average pricegains that surpass inflation this year.By contrast, average prices in Quebec and the Atlantic region areexpected to remain relatively stable, as sales deplete elevated levelsof supply.On balance, the forecast for national sales has been revised lower,reflecting downward revisions to the outlook for sales in Alber ta.
National sales are now projected to reach 475,700 units in 2015,representing an annual decline of 1.1 per cent. This would place an-nual activity slightly above but still broadly in line with its 10-yearaverage (Char t A).British Columbia is projected to post the largest annual increase inactivity in 2015 (+4.9 per cent) followed closely by Nova Scotia(+3.7 per cent), Quebec (+2.5 per cent), New Brunswick (+2.5 percent), Ontario (+1.9 per cent), and Prince Edward Island (+1.4 percent). These numbers represent upward revisions to CREA's previ-ous forecast. Alber ta is expected to post the largest annual decline insales this year (-19.2 per cent), though the trend for activity is ex-pected to begin recovering from a weak star t to the year as consumerconfidence recovers. Sales are also forecast to decline on an annualbasis in Saskatchewan (-11.2 per cent), and Manitoba (-2.2 per cent).The national average home price is now forecast to rise by two percent to $416,200 in 2015. Only British Columbia (+3.4 per cent) andOntario (+2.5 per cent) are forecast to see gains in excess of thenational increase.Prices are projected to remain largely stable elsewhere, with in-creases or decreases of around one per cent or less this year. Theexception is Alber ta, where average price is forecast to fall by 3.4 percent, reflecting a pullback in sales for luxury proper ties compared tohomes in more affordable price segments.
30 MidWeek MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015auto
MidWeek 31MIDWEEK NEWS WEEKLY
TUESDAY, AUGUST 28, 2012
MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015 l ifestyle
INDIA RUNWAY WEEK TO ENCOURAGEFASHION EDUCATION PERSPECTIVE
New Delhi, (IANS) The four th season of India Runway Week(IRW) is to star t from April 10 and besides giving the newtrends in the fashion and lifestyle domain, the three-day eventwill encourage the fashion education perspective.Fashionista School of Fashion Technology, New Delhi, hasjoined hands with Indian Federation for Fashion Development(IFFD) for the event which will be held at Hotel Opulent,Chhattarpur, here. And the association promises great platformfor students to understand fashion and throw light on thebusiness of fashion. "India Runway Week is a great platform for designers and to
understand fashion this is good platform for the fashion stu-dents. They will get explicit information with all real timeexperience," Neetu Pavan Manikatalia, managing director,Fashionista, said in a statement.The students will experience the pressure of the fashion weekand will witness designers' interaction with domestic andinternational buyers and will learn their respective buyerlandscapes, something which is very impor tant to grow in theindustry. "This collaboration between fashion and education isan attempt to integrate knowledge sharing among the youngIndian fashion fraternity," Avinash Pathania, founder, IFFD, said.
Low family income affects braindevelopment of childrenNew York, (IANS) Low family income can affect the brain devel-opment of children, new research says.The study, led by researchers at the Children's Hospital LosAngeles (CHLA) and Columbia University Medical Centre(CUMC), was published online in the journal Nature Neuro-science."While in no way implying that a child's socio-economic cir-cumstances lead to immutable changes in brain developmentor cognition, our data suggest that wider access to resourceslikely afforded by the more affluent may lead to differences in achild's brain structure," said Elizabeth Sowell from CHLA.In the largest study of its kind to date, the researchers looked at1,099 typically developing individuals between the ages of 3and 20 years. Associations between socio-economic factors(including parent education and family income) and measure-ments of surface area of the brain were drawn from demographicand developmental history questionnaires, as well as high-reso-lution brain MRIs. The findings showed that income was asso-ciated with brain sur face area. "Specifically, among childrenfrom the lowest-income families, small differences in incomewere associated with relatively large differences in surface areain a number of regions of the brain, associated with skills im-por tant for academic success," said study first author KimberlyG. Noble from CUMC.
How maternal diet influencesoffspring's body weightNew York, (IANS) Consuming a high-fat diet during pregnancyand lactation may put your offspring at higher risk of obesitylater in life, a recent research has found.The findings, published in the Journal of Physiology, showedthat the mechanism that helps limit the amount of food one eatscould malfunction in the offspring as a result of maternal high-fat diet."It is time that we star t to take seriously the idea that obesity is,in par t, a brain disease," said lead investigator Kirsteen Brown-ing, associate professor of neural and behavioural sciences atthe Penn State College of Medicine.She noted that not all people who are obese had mothers whoate high-fat diets when they were pregnant, and not all motherswho eat high-fat diets will have obese children."It is just one more risk factor. An understanding of the biologi-cal mechanisms underpinning obesity could help stem the tideof obesity," she added.
32 MidWeek MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015r e a l e s t a t e
MidWeek 33MIDWEEK NEWS WEEKLY
TUESDAY, AUGUST 28, 2012
MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015 auto
34 MidWeek MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015
CHITRANGADA SINGH AND MANISHA KOIRALA DURING THE GRAND FINALE OF FBB FEMINA MISS INDIA 2015 IN MUMBAI (IANS).
AIFW: WHEN STYLISTS,DESIGNERS TURNED MODELSFOR 11.11/ ELEVEN.ELEVENNew Delhi (IANS): It was a show unique in its own way assome of the known stylists, designers and editors of fashionmagazines turned models for brand 11.11/ eleven.eleven at theongoing Amazon India Fashion Week (AIFW). Designer ShaniHimanshu and Mia Morikawa feel that they cater to the com-mon man and hence this different presentation."We design for people like them hence rather than having animaginary person in mind, we thought of these people. We usu-ally don't know models so it was fun to have this show,"Himanshu told IANS post the show.Added Morikawa: "They are the kind of the people who havetheir own identity so it was not difficult at all to work with them.Also our designs are for common people hence it would begreat if get someone like them who inspire many commoners."The designer duo represented their autumn/winter theme onthe third day of fashion gala that star ted Wednesday at PragatiMaidan here.Some of the faces who walked for them were Lauren Massoulier,Rashmi Kaleka, Elton Fernandez, Rakesh Thakore, Divya Singh,Asit Bhat, Jeet Thayil, Nitin Chauhan, Malika Verma, AmeetSikka alone with designers themselves who represented theirown range on ramp.There were sari pants, Egyptian cotton shir ts teamed well withhigh-waisted black silk trousers, shor t kimono coat, mini shor tdress, summer jackets, trousers in cotton linen - all dyed innatural indigo, long kimonos, parsi jackets and many more.There was also heavy display of bandhini and miniature tie dye onclothes along with block printing."We have used our signature textile: a selection of fine silks vegetabledyed and hand-painted contrasted with our anchor handlooms rustickhadi denim and khadi kala cotton," said the designers, who sharedtheir show with another designer label titled Eka.Titled "seekers-keepers", the collection draws inspiration from within."I sought stories from my friends, across the world... small villages,big cities, travellers, gatherers, socialites, writers, readers, home-makers, a few very popular & others- loners, some giving up on allaccumulate knowledge, some still on a learning curve, but all of themholding on to some smaller experiences, stories that made them,"said designer Rina SinghWrapped in pearly off-whites and rustic tones, the collectionworks with materials like wool, silk, linen, treated-boiled me-rinos, chambray herringbone, thick jacquard in merino wooland chunky basket weaves, block printed pattern overlay checksand stripes combine to create a story of the collection.
l i f e s t y l e
MidWeek 35MIDWEEK NEWS WEEKLY
TUESDAY, AUGUST 28, 2012
MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015 r e a l e s t a t e
36 MidWeek MIDWEEK NEWS WEEKLY
TUESDAY, MARCH 31, 2015auto
