Anthony Corbisiero wanted a quick sale on his studio pied-à-terre in West Chelsea, as he planned to use a portion of the proceeds for his daughter’s looming college expenses. So he and his wife, Julie, who live in Bay Ridge, Brooklyn, were thrilled when three bids emerged within a week. Two were all cash. “The […]
House prices rose faster in July as demand from buyers picked up, but the number of homes for sale fell to a record low, according to the latest monthly report from surveyors. The number of properties coming on to the market has now fallen for six months in a row, the Royal Institution of Chartered […]
The slump that hit China’s property market this year could hit the country’s banks according to ratings agency Standard & Poor’s, in the latest warning to the world’s second largest economy. While the housing market in China has started to see some recovery of late, with data released at the start of the month showing […]
MUMBAI — India’s property developers are facing the heat. Their debts are high, and they are offering discounts, free parking spots and gifts like gold coins and iPhones to sell apartments says a Reuters report. Normally, such a market should mean buying a house is easier than before, as property rates plunge with excess supply. […]
