Norges Bank Real Estate Management paid $223 million for the stake in the 93-year ownership interest of 375 Hudson Street from Trinity Church Wall Street
The authorities in Moscow intend to re-house over 1 million citizens living in decrepit Soviet-era apartments, which they plan to demolish
June's better-than-expected increase in housing starts ended three straight months of declines
The industry group said actual sales, not seasonally adjusted, slumped 11.4 % from June 2016, while home prices surged 15.8 % from a year earlier
Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages slipped to 3.89 percent from 3.90 percent last week.
Compared with a year ago, new home prices rose 9.7 % in July, slowing from a 10.2 % gain in June
The dollar volume of buildings sold in Manhattan in the first six months of the year is running at half the annualized pace of last year's $39.6 billion in sales
China’s economy is reliant on too much debt and the enormous boom in credit risks leading to a new financial crisis, the International Monetary Fund (IMF) has warned.
Until April 20, when the province of Ontario implemented the Fair Housing Plan with a new 15 percent Nonresident Speculation Tax on single-family homes, “the housing market was gangbusters,” said Steven Green, a sales representative at Royal LePage Partners Realty.
With 30 percent growth in a single year, the lack of supply was creating unsustainable demand with “multiple offers and bidding wars,” Ms. Irish said, which was partly driven “by an international buying spree.”
Housing sales slowed in the Bahamas after the 2008 financial crisis. By 2013, however, the market began to rebound, said John Christie, the managing broker of H.G. Christie, a local affiliate of Christie’s International Real Estate. “Since then, it’s been up and down, but it’s slowly getting better and better,” Mr. Christie said. Buyers who took to the sidelines before the presidential election in the United States have since returned, he and other agents said.
Opt in here