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Property News for 30 January 2019
December pending home sales drop to lowest point in five years, despite much lower interest rates
CNBC - 30 Jan 2019 17:00
House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future indicator of closings in one to two months...
Southern California home sales plunge 20% in December to the lowest pace in 11 years
CNBC - 30 Jan 2019 21:30
The housing pain persists in Southern California, as higher costs weigh heavily on potential buyers. Home sales in the region fell 20.3 percent year over year in December, according to CoreLogic. That is the lowest Decem...
Pending home sales see lowest December since 2013
CNBC - 30 Jan 2019 17:03
CNBC's Diana Olick reports on new pending home sales that miss expectations for the end of 2018.
Retail growth is 'quite strong' in Hong Kong: New World Development
CNBC - 30 Jan 2019 01:59
Despite headwinds from the U.S.-China trade war, Adrian Cheng of New World Development says he is "still very confident" in retail growth, especially in the Greater Bay Area.
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