Property News

U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year.

CNBC's Contessa Brewer reports that New York City Mayor Bill de Blasio has announced a plan to open a men's homeless shelter in one of New York's most expensive neighborhoods.

There is both optimism among home builders and a sharp rise in demand from home buyers.

CNBC's Rick Santelli and Steve Liesman discuss the latest

New home prices in larger cities like Shenzhen might have declined, but they're still rising in smaller cities, says Alan Jin of Mizuho Securities Asia.

Sian Fenner of Oxford Economics talks about what to expect from China's fourth quarter 2017 GDP data due on Thursday.