Category: Real Estate

Economist: Expect house prices in Australia to fall further

Gareth Aird of the Commonwealth Bank says weakness in house prices in Australia is expected to continue, particularly in Sydney and Melbourne, but should bottom out...

Newly built home sales fall in California

CNBC's Diana Olick reports on private sector data from John Burns Real Estate Consulting which showed that California had the worst newly home sales numbers. Source...

Government shutdown can make rent, mortgage payments hard to meet

Some landlords are showing leniency to tenants hurt by the shutdown. Denise rents a house to a single mother in the town over from where she lives in East Fallowfield,...

NYC housing prices slide further, may last for months: Warburg Realty

There may be another bear market under way – in New York City real estate. For much of 2018, housing in the Big Apple has been entrenched in a buyer’s market,...

High-end housing market doing best in New York City, says premier broker

Noble Black, a Douglas Elliman realtor, joins CNBC's "Power Lunch" team to discuss how high-end real estate may perform in 2019. Source link

Unexpected strength in apartment rentals

CNBC's Diana Olick reports on the unexpected strength in rental units. She talks with John Pawlowski of Green Street Advisors. Source link

Homebuilder sentiment drops to lowest level since May 2015

CNBC's Diana Olick explains what factors are contributing to homebuilder sentiment being at its lowest point in three years. Source link

Democratic state senator says New York fell for Amazon’s HQ2 ‘PR scam’

New York struck a “bad deal” with Amazon to bring one of the tech giant’s East Coast headquarters to Queens, New York state Sen. Michael Gianaris told...

US mall owners have been slow to change for years but now embrace it

Mall and shopping center owners across the U.S. are starting to talk about change, realizing that if their centers keep the same antiquated models, anchored solely by...

A wave of closures from Gap, Victoria’s Secret and others to hit malls

“Our early read on 2019 is more of the same … with both malls and [shopping centers] facing another year of tepid earnings growth and store closure-related...