News about properties and real estate
European buyers make December a busy month for Manhattan real estate The sidewalks of Manhattan are crammed this month with European tourists on shopping sprees, picking up gifts that cost far less in the United States than they do at home because of the weak dollar. But they are not just crowding into boutiques and …
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Real estate market emerges as top issue in South Korean election In 30 years as a real estate broker, Chung Doo Hyun says, he has never seen a market behave the way the one in South Korea is behaving today. First, there was the wave of feverish buying that drove housing prices up across the …
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Canadian real-estate markets clinch early record With one month’s activity still unaccounted for, the Canadian Real Estate Association said Monday that listed residential real-estate transactions in most major markets are already at record levels. Data from the country’s 25 biggest markets show 345,577 sales of existing homes in November through the Multiple Listing Service (MLS), …
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U.K. Commercial Real Estate Returns Drop By Record U.K. commercial real estate returns fell by a record amount last month as higher interest rates and a drop in bank lending pushed prices down, according to Investment Property Databank Ltd., a London-based research firm. The total return on investments, after taking rental income and growth into …
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Real estate assistants invaluable in keeping the industry running Murder! Mistreatment! Extravagance! The case was so sordid that the National Association of Realtors should have sent out an all-states bulletin: We’re not really like this! Last week’s news that Natavia Lowery confessed to bludgeoning her boss, Linda “Realtor to the stars” Stein, with a “yoga …
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Goldman in $2bn property push Goldman Sachs has amassed $2bn to use for property investments in Asia, a move likely to intensify competition for assets in fast-growing markets such as China and India. The bank has been a prominent investor in Japanese property for a decade, but has decided to allocate significant resources to real …