Property News
American
Property News for 15 August 2018
Hollywood Producer Joel Silver Sells Malibu Home for $38 million
Wall Street Journal - 15 Aug 2018 16:55
Joel Silver, producer of the "Die Hard" and "Matrix" film franchises, sold his Malibu, Calif., home on Carbon Beach for $38 million.
Homebuilder and construction stocks enter bear market
CNBC - 15 Aug 2018 21:59
Stocks of major home construction companies fell on Wednesday, beleaguered by a slump in U.S. equity trading and a decline in homebuilder sentiment.
Homebuilder sentiment falls to the lowest point in almost a year as affordability concerns intensify
CNBC - 15 Aug 2018 16:00
While sentiment is still relatively high, builders are increasingly concerned over rising home prices and material costs.
Property is the only 'safe bet' for many Chinese families to invest in: Analyst
CNBC - 15 Aug 2018 05:59
Stock market volatility could have led to more people to invest in real estate, which explain why house prices in China have increased, says David Ji of Knight Frank.
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