Real Estate Management & Development Real Estate Services

More

  • WASHINGTON— U.S. home prices continued their steady upward march in February as buyers competed for a limited number of available properties. That's pushed buyers to act quickly, with homes on the market just 47 days in March, according to the National Association of Realtors. Svenja Gudell, chief economist at real estate website Zillow, said the problem is...

  • WASHINGTON— The Commerce Department reports on sales of new homes in March at 10 a.m. Eastern on Monday. HIGHER SALES: Economists forecast that new-home sales rose 1.6 percent last month to a seasonally adjusted annual rate of 520,000, according to a survey by the data firm FactSet. The National Association of Realtors said last week that sales of existing homes...

  • WASHINGTON— Long-term U.S. mortgage rates stayed near 2016 lows this week, potentially good news for the housing market as the spring home-buying season begins. The 15- year fixed-rate mortgage slipped to 2.85 percent, lowest since May 2013, and down from 2.86 percent last week. The National Association of Realtors said Wednesday that sales of existing homes...

  • WASHINGTON— A rising number of Americans are preparing to renovate their homes this year, a potential boost for the economy, according to projections released Thursday by Harvard University's Joint Center for Housing Studies. Existing homes sold at an annual rate of 5.33 million in March, up 1.5 percent from a year ago, the National Association of Realtors said...

  • WASHINGTON, April 20- U.S. home resales rebounded more than expected in March as supply improved, suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first quarter. It shows confidence, "said Chris Rupkey, chief economist at MUFG Union Bank in New York. The National Association of Realtors said on...

  • *Existing home sales increase 5.1 percent in March. WASHINGTON, April 20- U.S. home resales rebounded more than expected in March, suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first quarter. The National Association of Realtors said on Wednesday existing home sales surged 5.1 percent to an...

  • WASHINGTON, April 20- U.S. home resales rebounded more than expected in March, suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first quarter. The National Association of Realtors said on Wednesday existing home sales surged 5.1 percent to an annual rate of 5.33 million units last month.

  • LONDON, April 18- Asking prices for rental properties in England and Wales have fallen, hit by the introduction of a new tax, but prices in the housing market as a whole have continued their rise, online property listings firm Rightmove said. On April 1, Britain added a new surcharge to stamp duty, the tax on buying property, requiring payment of an extra 3 percent for...

  • Downpayment protection for skittish homeowners

    CNBC's Diana Olick looks at a new product from ValueInsured aimed at protecting homeowners' downpayment from falling home prices; and speaks with Joe Melendez, ValueInsured CEO, and Barry Zigas, Zigas & Associates LLC founder.

  • *Shanghai sales by area down 60 pct in w/c March 28. HONG KONG/ SHANGHAI April 8- Home sales in the red-hot property markets of Shanghai and Shenzhen tumbled sharply in the week after authorities made it tougher to buy homes in the cities to prevent a property bubble, surveys by a major Chinese realtor show. After Shenzhen and Shanghai property prices had jumped 57...

  • WASHINGTON, March 28- Contracts to buy previously owned U.S. homes rose sharply in February, reversing the previous month's deep decline, as the volatility of the data continues to make it difficult to parse the strength of the housing market. The National Association of Realtors said its pending home sales index rose 3.5 percent to 109.1 last month, the highest...

  • WASHINGTON, March 21- U.S. home resales fell sharply in February in a potentially troubling sign for America's economy which has otherwise looked resilient to the global economic slowdown. The National Association of Realtors said on Monday existing home sales dropped 7.1 percent to an annual rate of 5.08 million units, the lowest level since November.

  • WASHINGTON, March 21- U.S. home resales fell sharply in February in a potentially troubling sign for America's economy which has otherwise looked resilient to the global economic slowdown. The National Association of Realtors said on Monday existing home sales dropped 7.1 percent to an annual rate of 5.08 million units, the lowest level since November.

  • NEW YORK, Feb 29- U.S. Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January, likely weighed down by harsh weather and a shortage of properties for sale, a report by the National Association of Realtors showed. "Looking at recent data, as far as economic reports, it has been a mixed bag with this morning being weaker than anticipated,"...

  • NEW YORK, Feb 29- China's latest move to boost its economy helped lift stocks on Wall Street and in Europe, and oil prices rallied after Saudi Arabia said it would work with other producers to limit oil market volatility. The National Association of Realtors said its pending home sales index declined to its lowest level in a year. "We were seeing better economic data...

  • WASHINGTON, Feb 29- Contracts to buy previously owned U.S. homes fell to their lowest level in a year in January, likely weighed down by harsh weather and a shortage of properties for sale, a report showed on Monday. The National Association of Realtors said its pending home sales index declined 2.5 percent to 106.0, the lowest level since January of last year.

  • Expedia lost $13 million in the fourth quarter in part from closing its purchase of vacation rental site HomeAway Inc for $3.9 billion, a move that could ramp up competition with apartment-sharing startup Airbnb. Last year marked a deal-making spree for Expedia in which it also bought Orbitz Worldwide Inc for $1.3 billion and Travelocity for $280 million.

  • Feb 10- Expedia Inc on Wednesday posted a fourth-quarter profit below analysts' estimates, in part due to a drop in demand to travel to European cities after the Nov. 13 Paris attacks. Expedia, the world's largest online travel services company by bookings, lost $13 million in the quarter in part from closing its $3.9 billion purchase of vacation rental site...

  • TORONTO, Feb 4- Amid fears of a bubble in condominium prices in Canada's largest cities, developers say they are shifting from building condos to high-rise rental apartments, as institutional investors look for assets with steady cash flow. The result is, not only more rental units on offer in cities like Vancouver and Toronto, but a slowdown in the supply of new...

  • WASHINGTON, Jan 28- Contracts to buy previously owned U.S. homes barely rose in December, an indication that the housing market remains mixed going into the first quarter of 2016.. The National Association of Realtors said on Thursday its pending home sales index inched up 0.1 percent to 106.8. Economists polled by Reuters had expected a 0.8 percent increase in...