Property News

The lawsuit filed in Chicago claims the management companies bought up mobile home parks and used "competitively sensitive market data" to exchange pricing information and conspire to raise rents.

After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand.

The real estate sector was the top gainer on the HSI, but the overall index was still in negative territory, dragged by health-care and industrial stocks.