Property News
American
Property News for 27 February 2017
Pending home sales drop unexpectedly to lowest in a year, down 2.8% in January
CNBC - 27 Feb 2017 17:00
Higher mortgage rates and near record low supply resulted in disappointing home sales to start the year.
Online Commerce Sparks Industrial Real-Estate Boom Off the Beaten Path
Wall Street Journal - 27 Feb 2017 01:14
A surge in online shopping is reshaping New Jersey's industrial real-estate markets, fueling higher prices and sparking development away from the usual hot spots along some of the state's main roadways.
WeWork worth a $20 billion valuation?
CNBC - 27 Feb 2017 21:17
Ed Lee, Recode managing editor, discusses the news that SoftBank is close to finalizing a major investment into WeWork which pushes the co-working company's valuation to about $20 billion.
Pending home sales down 2.8% in January
CNBC - 27 Feb 2017 17:01
CNBC's Diana Olick reports the latest
Got confidence to push forward and build more homes: Persimmon CEO
CNBC - 27 Feb 2017 08:29
Persimmon CEO Jeff Fairburn discusses earnings and the demand for U.K. property, as well as the wider industry's issues with staffing and training.
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