Real Estate

China keeps lending rate unchanged as data show housing market is still struggling
Jun 17, 2024

China keeps lending rate unchanged as data show housing market is still struggling

China has kept a key lending rate unchanged despite signs of continued weakness in the second-largest economy's manufacturing and the property sectors


Stock market today: Asian shares are mixed as China stocks get bump from new property measures
May 17, 2024

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares are mixed after Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market


Some older Americans splurge to keep homes accessible while others struggle to make safety upgrades
May 10, 2024

Some older Americans splurge to keep homes accessible while others struggle to make safety upgrades

Living at home as long as possible is preferred by a vast majority of adults over 50


Macy's names 2 independent directors as part of agreement with activist investor
Apr 10, 2024

Macy's names 2 independent directors as part of agreement with activist investor

Macy’s said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain


Retirees: Is it time to downsize, even in this real estate market?
Mar 26, 2024

Retirees: Is it time to downsize, even in this real estate market?

Your home is your sanctuary, but it’s also one of your biggest budget items


Real estate lawsuit settlement upends decades-long policies that helped set agent commissions
Mar 15, 2024

Real estate lawsuit settlement upends decades-long policies that helped set agent commissions

A powerful real estate trade association has agreed to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent commissions when they sold their homes


Treasury rolls out residential real estate transparency rules to combat money laundering
Feb 7, 2024

Treasury rolls out residential real estate transparency rules to combat money laundering

The Biden administration wants to make residential real estate transactions more transparent — by unmasking the owners of all-cash purchases as part of its ongoing effort to combat money laundering and the movement of dirty money through the American financial system


Feb 7, 2024

New York Community Bancorp tries to reassure investors as stock continues to wobble

New York Community Bancorp tried to reassure investors Wednesday that it is financially sound, a day after the bank’s credit rating got downgraded to “junk.”


Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis
Jan 30, 2024

Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis

A Hong Kong court's order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy


Court orders China Evergrande property developer to liquidate after it failed to reach debt deal
Jan 29, 2024

Court orders China Evergrande property developer to liquidate after it failed to reach debt deal

Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors


Obserworld

Delivering the latest news to the global audience with thorough research and in-depth interviews reporting on world news, latest trends, and inspirational stories.

NEWSLETTER