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Real Estate Management & Development Real Estate Services

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  • WRAPUP 1-U.S. home sales near 8-1/2-year high, prices rise Wednesday, 22 Jul 2015 | 10:55 AM ET

    *Existing home sales increase 3.2 percent in June. WASHINGTON, July 22- U.S. home resales rose in June to their highest level in nearly 8-1/ 2 years, a sign of pent-up demand that should buoy the housing market recovery and likely keep the Federal Reserve on track to raise interest rates later this year. The National Association of Realtors said on Wednesday existing...

  • BUENOS AIRES, July 22- Argentina is still struggling with a dearth of hard currency and mortgages but with a change of government later this year, investors at home and abroad are positioning themselves for a real estate market revival they say is already taking root. Local tycoon Eduardo Costantini says he launched a new gated community in his luxury Nordelta...

  • WASHINGTON— Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market. The National Association of Realtors said Wednesday that sales of existing homes climbed 3.2 percent last month to a seasonally adjusted annual rate of 5.49 million, the...

  • U.S. existing home sales near 8-1/2-year high Wednesday, 22 Jul 2015 | 10:00 AM ET

    WASHINGTON, July 22- U.S. home resales rose in June to their highest level in nearly 8-1/ 2 years, a sign of pent-up demand that should buoy the housing market recovery and overall economy. The National Association of Realtors said on Wednesday existing home sales increased 3.2 percent to an annual rate of 5.49 million units, the highest level since February 2007.

  • Ahead of the Bell: Home sales likely picked up in June Wednesday, 22 Jul 2015 | 6:15 AM ET

    WASHINGTON— The National Association of Realtors reports on June sales of existing homes Wednesday at 10 a.m. Eastern. The condominium market in Massachusetts contains just 1.8 months' supply, according to a Federal Reserve report this month. The majority of real estate agents in the Atlanta Fed region— which ranges from Alabama to Florida— said that...

  • Business events scheduled for Wednesday Tuesday, 21 Jul 2015 | 12:18 PM ET

    WASHINGTON— National Association of Realtors releases existing home sales for June, 10 a.m.. The Coca-Cola Co. reports quarterly financial results before the market opens. The Boeing Co. reports quarterly financial results before the market opens.

  • NEW YORK, July 14- Manhattan commercial real estate leasing posted another solid quarter at the end of June, with rising asking prices for office space and availability in decline, Colliers International said on Tuesday. Foreign investors have made nearly $5.5 billion in direct investment this year in New York, and could account for one-fifth of purchases by...

  • Tough times for U.S. renters Thursday, 2 Jul 2015 | 9:00 AM ET
    Tough times for U.S. renters

    More renters and fewer available units push rents higher across the country.

  • WRAPUP 1-U.S. pending home sales hit nine-year high Monday, 29 Jun 2015 | 11:02 AM ET

    WASHINGTON, June 29- Contracts to buy previously owned U.S. homes rose to their highest level in just over nine years in May, in a further boost to the housing market and the broader economic outlook. The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, increased 0.9 percent to 112.6, the highest...

  • CHICAGO, June 24- FOR LET: 36,000 square-foot cave in central Chicago. When CME Group Inc's futures pits in the cavernous trading floor at the Chicago Board of Trade building fall quiet next month, real estate broker Holly Duran will be working overtime to find a tenant to occupy a storied piece of America's financial history. Prospective candidates could...

  • WASHINGTON, June 22- U.S. home resales surged to a 5-1/ 2- year high in May as first-time buyers stepped into the market, the latest indication that housing and overall economic activity were gathering steam in the second quarter. The National Association of Realtors said on Monday existing home sales increased 5.1 percent to an annual rate of 5.35 million units,...

  • U.S. existing home sales jump to 5-1/2-year high Monday, 22 Jun 2015 | 10:00 AM ET

    WASHINGTON, June 22- U.S. home resales surged to a 5-1/ 2- year high in May as first-time buyers piled into the market, the latest indication that housing and overall economic activity were gathering steam in the second quarter. The National Association of Realtors said on Monday existing home sales increased 5.1 percent to an annual rate of 5.35 million units, the...

  • On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar, the No. 2 U.S. homebuilder is expected to report that it had a strong second quarter. Construction materials supplier Vulcan Materials has risen 35.8 percent so far this year and home improvement and building products firm...

  • SEOUL/ HONG KONG, June 17- Any buyer of Tesco's $6 billion South Korea unit will need a strategy to boost returns in a lethargic and saturated market for traditional retailers, likely involving real estate sales and a greater focus on Internet shopping. Britain's Tesco has hired HSBC to advise on a potential sale of its South Korean unit, Homeplus, Reuters reported...

  • WASHINGTON, May 28- Contracts to buy previously owned U.S. homes rose for a fourth straight month in April to a nine-year high, buoying the outlook for the housing market and the overall economy. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed last month, increased 3.4 percent to 112.4, the highest level since May...

  • WASHINGTON, May 21- U.S. home resales unexpectedly fell in April as tight inventories pushed prices higher, giving a cautious signal on the strength of the housing market. The National Association of Realtors said on Thursday existing home sales dropped 3.3 percent to an annual rate of 5.04 million units. March's sales pace was revised up to 5.21 million units...

  • Disruptor 50: No. 49 Nextdoor Tuesday, 12 May 2015 | 7:00 AM ET
    Nirav Tolia, co-founder and CEO of Nextdoor

    Who are the people in your neighborhood? Facebook can't tell you, but Nextdoor is using social media to reconnect Americans locally.

  • Disruptor 50: No. 11 Houzz Tuesday, 12 May 2015 | 7:00 AM ET
    Houzz founders Alon Cohen and Adi Tatarko

    Homeowners, designers and retailers exchange ideas and sell their wares on this platform, aimed at those in need of renovation help.

  • WASHINGTON, April 30- U.S. financial regulators on Thursday issued a rule subjecting real estate appraisal companies to tighter oversight after lax lending standards in the mortgage market contributed to the 2007-09 financial crisis. The regulation allows states to register and supervise these so-called appraisal management companies, which value...

  • WASHINGTON, April 29- Contracts to purchase previously owned U.S. homes rose in March to their highest level since 2013, a positive sign for the U.S. housing market amid expectations it is emerging from a soft patch. The National Association of Realtors on Wednesday said its pending home sales index rose 1.1 percent last month. The increase last month put...