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...» Read More
Interest rates on U.S. mortgages continued to surge last week, rising above four percent for the first time in a year and driving down demand from homeowners to refinance.
Sales of bank-owned homes plunged to a five-year low, the latest evidence that foreclosure woes are easing as the U.S. housing market recovery gains momentum.
Applications for U.S. home mortgages fell last week for the first time in more than a month as interest rates jumped, sapping demand for refinancing.
Applications for U.S. home mortgages rose last week, fueled by demand for refinancing as interest rates fell to the lowest level of the year.
Founder and chairman of Beijing Zhongkun Investment Group, Huang Nubo, made headlines when he tried to buy 300 km in Iceland, but he tells CNBC that his main focus remains on China.
Michael Klibaner, Regional Director, Head of Research, Greater China at Jones Lang LaSalle says transaction volumes in China's property market peaked in March and will therefore slow in Q2.
Mortgage applications rose last week, driven by improved refinance demand as interest rates tumbled, an industry group said on Wednesday.
Applications for U.S. home mortgages tumbled for a second week in a row last week as interest rates continued to climb to seven-month highs, data from an industry group showed on Wednesday.
More U.S. homeowners were hit with new foreclosure filings in February, pointing to the challenges the market still faces even as the housing recovery gains traction, RealtyTrac reported Thursday.
Mortgage rates spiked last week, sapping demand for home loans on the heels of a sharp rebound in applications the previous week, data from an industry group showed on Wednesday.
U.S. home prices rose as more homeowners turned to distressed sales rather than foreclosure, in another sign the recovery in the housing market is gaining traction, data from CoreLogic showed on Tuesday.
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.
Living on a smaller scale may mean fewer expenses in retirement, but a move to a smaller home does not necessarily guarantee savings.
Alan Jin, Property Analyst, Asia ex-Japan, Mizuho Securities Asia says Beijing needs to prevent home prices from increasing too fast rather than adopt controlling measures.
Mega-broker Dolly Lenz has sold over $8.5 billion dollars in high-end properties owned by clients like Barbra Streisand and Billy Joel. Now she's sharing inside tips with you.
Approvals to build new homes in Australia rose moderately in November thanks to an ongoing shift to apartment living, while lower mortgage rates and a growing population augur well for a further recovery this year.
CoreLogic says U.S. home prices are up 6.3 percent in October from a year ago. Discussing the rebound in housing, with Dolly Lenz, Prudential Douglas Elliman vice chairman; and CNBC's Robert Frank and Diana Olick.
Jeffrey Schwartz, Deputy Chairman, Global Logistic Properties says increased revenues in China and Japan as well international expansion plans have amounted to a profitable quarter.
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.