Property News

Rental property can be a great source of income, or it can become a huge headache, U.S. News reports.

The stores will close in mid-November except for a Kmart in North Miami Beach, Fla., which will close in mid-December.

The Treasury Department said that 30 percent of high-end real-estate deals that were subject under a new watchdog program involved "suspicious activity" and potential money-laundering.

Powerful tech companies are gobbling up land in California that once belonged to low-income residents, Financial Times reports.

Home prices are higher at virtually every price point, but the gains are biggest at the low end where demand is highest.

U.S. home resales volumes were expected to rise in July to reverse losses from June.

CNBC's Diana Olick reports on the latest read for existing home sales.

Prices for car park spaces might have risen more than secondary homes in the past 12 years, but yields on parking space are only at 2 percent now, says Denis Ma of JLL.