Real Estate

Chinese Property Shares Tumble Amid Fears of Evergrande ‘Contagion’

The impending collapse of China’s gigantic Evergrande Group real estate company caused a tumble at the stock market on Tuesday for other Chinese property developers. Even investors in completely unrelated markets are growing nervous about what the implosion of such a huge company could do to banks in China and around the world – and what it could mean for Beijing’s geopolitical agenda.

WUHAN, CHINA - SEPTEMBER 26: (CHINA OUT) An aerial view shows the Evergrande Changqing community on September 26, 2021 in Wuhan, Hubei Province, China. In 2015, Evergrande real estate acquired four super large projects in Haikou, Wuhan and Huizhou, with a total construction area of nearly 4 million square meters …

Home Building Jumps More Than Expected

Home construction in the U.S. rose by more than expected in June as builders rushed to fill a gap left by a dearth of existing homes for sale and surging demand from families fleeing cities.

Building the American dream.

New Home Sales Unexpected Fall

Sales of new U.S. single-family homes unexpectedly fell in May, falling to the lowest level in a year as supply constraints have pushed up prices. The Commerce Department said on Wednesday that new home sales tumbled 5.9 percent to a

Funny happy kids running into new house on moving day, excited children boy and girl play inside luxury big modern room while smiling parents entering own home, family mortgage and relocation concept