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Property News for 4 January 2022
Manhattan real estate breaks record in 2021, reaching $30 billion in sales
CNBC - 4 Jan 2022 20:13
"Clearly, the pace of the recovery in 2021 was faster than I think most people anticipated," said Jonathan Miller, CEO of Miller Samuel. "It's been startling."
Homebuilder stocks rebound day after rate scare plunge
CNBC - 4 Jan 2022 19:44
The iShares US Home Construction ETF lost 2.69% on Monday, its worst day since September 30th when it fell 2.89%.
China Evergrande says contracted sales dropped 38.7% in 2021
CNBC - 4 Jan 2022 06:31
Indebted property developer China Evergrande's contracted sales plunged last year as the real estate giant struggled to repay creditors.
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