Property News

CNBC's Diana Olick discusses the effect China's cooling economy will have on a housing market already in decline.

Home values increased 5.2 percent annually in November, down from 5.3 percent in October, according to the widely-watched S&P CoreLogic Case-Shiller National Home Price Index.

"We've been saying that value companies have really been a proxy for risk," Wells Fargo's Chris Harvey says. "Now you're seeing value as an opportunity."

Carrie Law of Juwai.com says Chinese investors are turning their attention toward Southeast Asian property markets, instead of traditionally popular countries like Australia and the U.S.