Banker & Tradesman

Forty-seven metro areas (76 percent) showed increases in their median condo price from a year ago; 15 areas had declines. The five most expensive housing markets in the second quarter were the San Jose, Calif., metro area, where the median existing single-family price was $899,500; San Francisco, $769,600; Anaheim-Santa Ana, Calif., $691,900; Honolulu, $678,500; and San Diego, $504,200. The five lowest-cost metro areas in the second quarter were Youngstown-Warren-Boardman, Ohio, where the median single-family home price was $78,600; Rockford, Ill., $85,300; Elmira, N.Y., $87,800; Decatur, Ill., $90,900; and Toledo, Ohio, $95,900. http://www.bankerandtradesman.com/news160688.html

Leisureworld Senior Care Corporation Reports 2014 Second Quarter Financial Results and Board Approval of Dividend Reinvestment Plan – Yahoo Finance

Cormack continued: “The Ministry’s recent announcement about Long Term Care is a positive development. Preferred accommodation rates for a semi-private room will increase from $10 to $11 per resident per day and the premium for private accommodation will increase from $21.50 to $23.25 per day in Class A Long Term Care homes. These rate increases come into effect for residents admitted after September 1, 2014.” Financial and Operating Highlights: Notes: Respite occupancy data was not captured for 2013. http://finance.yahoo.com/news/leisureworld-senior-care-corporation-reports-203505272.html

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