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Real Estate


2012-02-13 09:51:09

The cost of renting a home in central London fell in January from the previous month while remaining higher than a year earlier, Knight Frank LLP said.
 

2012-02-13 09:49:10

Norway faces “severe” imbalances in its credit and property markets as households continue to amass debt at unsustainable levels, according to the head of the country’s financial regulator.
 

2012-02-13 09:48:16

The fallout of Denmark’s house price collapse is spreading through Danske Bank A/S (DANSKE)’s loan book as the country’s biggest lender watches losses grow at its retail unit, said outgoing Chief Executive Officer Peter Straarup.
 

2012-02-10 08:55:29

The Reserve Bank of Australia lowered its forecasts for growth and inflation this year, enabling policy makers to reduce the benchmark interest rate should the economy weaken significantly.
 

2012-02-10 08:54:39

The Hong Kong government sold a residential site in the northern Tuen Mun district to Kerry Properties Ltd. (683) in a tender for HK$2.74 billion ($353 million), lower than surveyors’ estimates.
 

2012-02-10 08:53:56

Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks reached a $25 billion settlement with 49 states and the federal government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.
 

2012-02-10 08:52:56

U.K. house prices fell to their lowest level in six months in January as concern increased about the outlook for the economy and the euro-area debt crisis, Acadametrics Ltd. and LSL Property Services Plc said.
 

2012-02-09 08:55:33

Mortgages that helped fuel speculation during the U.K.’s housing boom by turning homeowners into aspiring property moguls are making a comeback.
 

2012-02-09 08:54:19

Wyndham Worldwide Corp. (WYN), the franchiser of Days Inn hotels and Super 8 motels, climbed after reporting fourth-quarter earnings that were higher than analysts expected and boosting its full-year forecast.
 

2012-02-09 08:53:25

A multistate settlement with five large U.S. banks over foreclosure practices would include as much as $17 billion in mortgage debt forgiveness and loan modifications and take three years to complete, according to a letter describing the deal.
 

2012-02-09 08:52:36

New York and California are joining a multistate accord with banks over foreclosure practices, a person familiar with the matter said today.
 

2012-02-06 10:07:43

More people will be making their homes among the banks and insurance companies of central London as a shrinking financial industry and the prospect of leasing out buildings for free prompts landlords to convert offices into luxury apartments.
 

2012-02-06 10:06:42

A San Francisco office building may sell for about $185 million, resulting in the city’s highest per-square-foot price since the 2007 commercial peak as demand from technology firms pushes rents up.
 

2012-02-06 10:05:55

Bank of America Corp., the second- largest U.S. lender by assets, may sell all its offices as part of the company’s effort to cut costs, sparing only its headquarters in North Carolina and New York City.
 

2012-02-06 10:03:36

President Barack Obama is asking Americans to press Congress to pass his new U.S. homeowner relief plan that includes a tax on financial companies that Republicans have already rejected.
 

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