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Real Estate Management & Development Real Estate Services

  • WASHINGTON, May 24- U.S. home resales fell more than expected in April, weighed down by a chronic shortage of houses on the market that is keeping house prices elevated and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 2.3 percent to a seasonally adjusted annual rate of 5.57 million units...

  • WASHINGTON, May 24- U.S. home resales fell more than expected in April, weighed down by a chronic shortage of houses on the market that is keeping prices elevated and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 2.3 percent to a seasonally adjusted annual rate of 5.57 million units last...

  • WASHINGTON— Americans pulled back their pace of home-buying in April, as the shrinking number of houses for sale and rising prices are putting them in a bind as their options dwindle. The National Association of Realtors said Wednesday that sales of existing homes declined 2.3 percent last month to a seasonally adjusted annual rate of 5.57 million.

  • COLUMBIA, S.C.— People who sell or manage property in South Carolina will have to pass a background check to renew their license under a new law prompted by November's arrest of a real estate agent accused of killing seven people. The law signed Friday requires real estate agents, brokers and property managers to undergo a fingerprint-based check every third...

  • COLUMBIA, S.C.— People who sell or manage property in South Carolina will have to undergo a background check to renew their license under a new law prompted by last November's arrest of a real estate agent accused of killing seven people. Chip Huggins, R- Columbia, the bill's main sponsor, said Monday. Todd Kohlhepp was arrested after authorities said they found a...

  • LONDON, May 11- British property surveyors are their most downbeat about the short-term outlook for house prices since just after last year's Brexit vote, with next month's national election adding to caution among buyers in a market that is already slowing. The Royal Institution of Chartered Surveyors said its measure of how prices are likely to perform in...

  • WASHINGTON, April 27- Contracts to buy previously owned U.S. homes fell in March as a lack of properties for sale curbed activity, the National Association of Realtors said on Thursday. Its Pending Home Sales Index, based on contracts signed last month, declined 0.8 percent to 111.4, following a surge in February. In March, 42 percent of homes sold at or above their...

  • WASHINGTON, April 21- U.S. home resales rose more than expected in March to the highest level in more than a decade as more homes came on the market and were quickly snapped up by consumers. The National Association of Realtors said on Friday that existing home sales increased 4.4 percent to a seasonally adjusted annual rate of 5.71 million units last month.

  • TORONTO, April 20- Ontario's provincial government on Thursday introduced 16 measures designed to cool the red-hot property market in Toronto and the surrounding region. The rapid acceleration in home prices has prompted some economists to voice fears the real estate market in Canada's largest city is in a bubble. *Expand rent control to all private rental...

  • SHANGHAI, April 18- China plans to build two million units of public rental housing this year to provide affordable homes for low-income groups, the official Xinhua news agency said on Monday. The meteoric rise of house prices in China's major cities and the country's household registration or "hukou" regime have left many low-income families unable to afford...

  • BEIJING, April 17- China's economy grew 6.9 percent in the first quarter of 2017 from a year earlier, slightly faster than market expectations, as higher government spending and a frenzied property market fueled a construction boom. Analysts polled by Reuters had expected the world's second-largest economy to have expanded by a steady 6.8 percent in the...

  • NEW YORK, April 12- Sally Forster Jones has sold about $4 billion of luxury real estate in Southern California in her nearly 40- year career, but she credits her success to hard work and thrift rather than an opulent lifestyle. The president of Aaroe International Luxury Properties in Beverly Hills said her parents, Polish Holocaust survivors, always instilled...

  • The Hong Kong government said on Tuesday it will curb purchases of more than one flat by individuals using one legal document in a bid to cool sky-high property prices in one of the world's most expensive real estate market.

  • *Beijing brought in tougher measures to cool rising prices. *Other cities now copying Beijing. BEIJING, April 5- Ji Wei, a recently married photographer in her 20 s, fears her plans to sell her Beijing apartment and upgrade to one costing 6.15 million yuan will collapse because of new measures aimed at reining in a soaring property market.

  • XIONGXIAN, China/ BEIJING, April 3- Real estate agents in Xiongxian county in China's Hebei province shut up shop on Monday, hours after Beijing ordered a ban on property sales in a frantic effort to curb a sudden housing boom triggered by plans for a new special economic zone. News on Saturday of the government's ambitious scheme to set up a special economic zone in...

  • WASHINGTON, March 29- Contracts to buy previously owned U.S. homes jumped to a 10- month high in February, pointing to robust demand for housing ahead of the busy spring selling season. The report on Wednesday from the National Association of Realtors suggested higher home prices and mortgage rates were having little impact on the housing market for now,...

  • WASHINGTON, March 29- Contracts to buy previously owned U.S. homes jumped to a 10- month high in February, pointing to robust demand for housing ahead of the busy spring selling season. The report on Wednesday from the National Association of Realtors suggested little impact on the housing market from higher home prices and mortgage rates, underscoring the...

  • WASHINGTON, March 29- Contracts to buy previously owned U.S. homes jumped to a 10- month high in February, pointing to robust demand for housing ahead of the spring selling season despite higher prices and mortgage rates. The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, surged 5.5 percent...

  • HONG KONG, March 24- A leading Hong Kong real estate agent said on Friday that some banks it works with would no longer accept payments for property transactions in the city through China's state-backed UnionPay, the mainland's biggest bank card provider. "We received notice from the two Hong Kong banks we work with... that they will no longer accept payment by...

  • WASHINGTON, March 22- U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after...