Against a backdrop of runaway property prices and overdevelopment, China is planning a national property tax, with many industry players' blessing.» Read More
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
They look like any other city, but with one difference: No people. And in many cases, they feature miles and miles of empty apartments and office buildings. The following photos are graphic signs of China's property bubble.
Mapletree Trust CEO Cindy Chow tells CNBC why she is not fretting over fears of a property bubble in China and Hong Kong.
Kwon Ping Ho, Chairman at luxury hotel company Banyan Tree Holdings, says demand for its big-ticket projects is helped by the "wealth effect" in Asia.
Calls for ending the mortgage interest deduction are circling through Washington. Proponents of the deduction say they're prepared to fight to the bitter end.
China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.
Banks in Spain may take bigger losses than they hoped this year on real estate repossessed from borrowers, as they compete for buyers with the agency clearing up the weaker banks.
In the past few weeks, several London developers have flown east to places like Hong Kong, Kuala Lumpur and Singapore to persuade wealthy Asians to buy new residential sites in London as building there picks up after the financial crisis. The New York Times reports.
Sellers at high-end Manhattan apartment buildings have been forced to reduce their prices after buyers balked at the high monthly payments.
A federally backed loan program rolls the cost of fixes into a mortgage, so buyers can yield a quick return on their investment.
Xin Zhang, CEO of SOHO China, Beijing's largest property developer, tells CNBC that the period of intense mass urbanization for China is coming to an end but high demand for office space remains.
Business is booming in Beijing's real estate offices -- good news for property agents like Zhang Huanhuan, but a headache for China's policymakers as worries resurface about the sustainability of investment in the sector.
Singapore and Hong Kong now have identical 15 percent levies to slow the foreign money that has added fuel to their overheated property markets - measures that will help first-time buyers but throw the spotlight on investors' next targets.
Rob Tincknell, CEO of Battersea Power Station Development Company, tells CNBC why there is such high demand for the development of Battersea Power Station.
U.S. builders broke ground on fewer houses in November as super storm Sandy slowed building in the Northeast.
The number of Spanish families facing eviction is mounting at a dizzying pace, and when they can’t move in with relatives, they often take over empty homes, and there are plenty of them. The NYT reports.
Professionals, like doctors and lawyers and anyone else who might be sued, should work with an adviser to keep creditors from cleaning them out if they lose in court
Official and private sector surveys on China’s manufacturing sector suggest the economy is finally perking up, boosting stocks in Shanghai almost 2 percent on Thursday. But exports, the main engine of growth, are still struggling and that means the Chinese recovery is not on solid ground yet, economists say.
With financial advisers moving from one firm to another more frequently than in the past, chances are you'll have an opportunity to review your needs.
The way to foster long-term relationships is to admit that we cannot know what the markets will do, says Mark Hebner, president of Index Fund Advisors.