Property News
The Fed is holding its rates near zero for now. Here's what it means for you
CNBC - 22 Sep 2021 21:53
The Fed is sticking with its near zero rate policy for now, yet borrowing costs may start to edge higher anyway.
Google's $2.1 billion office building deal is latest sign of Big Tech's muscle in Manhattan market
CNBC - 22 Sep 2021 21:01
Google's deal to buy a Manhattan building adds to the rapid growth of Silicon Alley, despite a rise in remote work and a decline in the New York office market.
Why renters are struggling so much now
CNBC - 22 Sep 2021 18:09
The present troubles for renters are explained in large part by inequities that predate the Covid pandemic.
Existing home sales fall 2% as first-time buyers are priced out
CNBC - 22 Sep 2021 16:00
The share of first-time buyers fell to just 19% of all sales, the lowest since January 2019.
Stronger mortgage demand points to September surge in home sales
CNBC - 22 Sep 2021 13:00
Mortgage demand rose last week as more buyers came into the housing market.
Evergrande crisis will hurt China's economic growth, says former central bank advisor
CNBC - 22 Sep 2021 07:07
A default by Evergrande will have minimal effect on the Chinese financial system, said Li Daokui, a former advisor at the People's Bank of China.