Major Chinese city scraps housing curbs as loosening gains steam
HANGZHOU, a major city in eastern China, removed all of its remaining homebuying curbs, the latest example of a local government pursuing...
Country Garden says it aims to pay onshore coupons due Thursday by May 13
EMBATTLED Chinese developer Country Garden said it is unable to pay onshore coupons due on Thursday but it aims to make the...
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
AIRBNB reported a higher quarterly profit on Wednesday (May 8) but forecast second-quarter revenue below Wall Street expectations, sending shares of the...
US 30-year mortgage rate falls for first time since March
US MORTGAGE rates fell for the first time since late March, giving some relief to homebuyers and lifting applications for purchases and...
Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million HDB flats
THE Council of Estate Agencies (CEA), a body under the Ministry of National Development (MND), is investigating the recent resale listings for...
German commercial property prices drop 9.6% in Q1
GERMAN commercial property prices fell 9.6 per cent in the first three months of 2024 compared with a year earlier, the VDP...
Swedish home prices swell with buyers expecting rate cuts
SWEDISH home prices rose for a third month as buyers expect some relief from lower borrowing costs.
Blackstone, Starwood split on commercial property market risks
TWO of the world’s biggest property investors are split on the current state of the US commercial real estate cycle.
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
THE latest collective sale attempt by owners of Pine Grove condominium closed on Monday (May 6) without any bids, sending its owners...
Rents set to be last domino to fall in global inflation battle
SURGING rents across many developed economies are proving to be a stubborn hurdle for central banks as they struggle to nail down...