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Real Estate


2012-01-26 12:01:05

The number of Americans signing contracts to buy previously owned homes in December held near a 19-month high, showing the stabilization in the market that began in late 2011 will extend into the new year.
 

2012-01-24 11:34:06

Larry Silverstein is in discussions to cap 3 World Trade Center at seven floors if tenants aren’t found to take enough space for the building’s planned 80 stories, said two people familiar with the talks.
 

2012-01-24 11:33:16

Lehman Brothers Holdings Inc. (LEHMQ) will pay Bank of America Corp. $695.7 million for half of its stake in real estate company Archstone, while Barclays Plc will get $628.5 million for a smaller stake, according to a regulatory filing. The payments will be reduced by certain expenses, Lehman said.
 

2012-01-24 11:08:42

The British government’s plan to help reduce down payments for new homes to as low as 5 percent will give a boost to a homebuilding industry that’s learned how to survive a slowing economy and four years of stingy credit.
 

2012-01-24 11:07:14

Europe’s rich and famous faced tough decisions as they assembled at a chic Swiss ski resort this weekend: whether to drink Taittinger or whisky-infused hot chocolate, and which piglet to back in the afternoon race.
 

2012-01-23 17:49:12

European officials will forge ahead today with crafting a long-term plan to tackle the region’s debt crisis, as banking and government negotiators continue trying to reach an agreement that will lighten Greece ({GDBR10)’s debt burden.
 

2012-01-23 17:47:16

Vancouver displaced Sydney as the least-affordable housing market after Hong Kong among large English-speaking cities, as home prices rose faster than incomes, a study of 325 metropolitan areas worldwide showed.
 

2012-01-23 17:45:53

The British government’s plan to help reduce down payments for new homes to as low as 5 percent will give a boost to a homebuilding industry that’s learned how to survive a slowing economy and four years of stingy credit.
 

2012-01-20 09:59:28

Rates for U.S. 30-year mortgages dropped to the lowest level on record as the number of homeowners seeking to reduce their monthly payments surged.
 

2012-01-20 09:57:00

The value of New York City’s more than 1 million properties may rise 3.8 percent to $845.4 billion this fiscal year as the real estate market recovers, according to a projection by the city Finance Department.
 

2012-01-20 09:56:14

A year ago, when Sydney property agent Peter Green’s clients decided to sell, half opted for auctions, betting competition among buyers would deliver them the best price. Today, less than one in five take that chance.
 

2012-01-20 09:55:19

China’s home market, bracing for the most severe slowdown in three years, should retreat after “extraordinarily tough” measures by the government, said Ronnie Chan, chairman of Hang Lung Properties Ltd. (101)
 

2012-01-17 09:56:17

U.K. commercial-property prices fell for the second month in December as demand for assets in all but the best locations dropped amid concern that the country is slipping back into recession.
 

2012-01-17 09:55:30

A Morgan Stanley (MS) real estate fund agreed to buy the largest mall in central St. Petersburg, Russia, for about $1.1 billion, according to two people with knowledge of the transaction.
 

2012-01-17 09:54:50

U.K. home sellers cut asking prices for a third month in January, according to Rightmove Plc (RMV), which said the property market will remain “challenging” this year.
 

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