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Real Estate News

Below are the latest real estate news headlines for buyers and sellers.

Real Estate

Why the RBNZ decided to hold rates steady in November

After a 50 basis point rate cut in August, New Zealand's central bank stayed on hold in November because it felt it had been quite decisive and "got ahead of the game," says Christian Hawkesby, assistant governor of the Reserve Bank of New Zealand. Read Article

Tue, 19 Nov 2019 00:19:00 PST

Hong Kong has 'crossed the Rubicon': Standard Chartered

It's unlikely for Hong Kong to go back to "normal," but from a business point of view, it's unlikely that the unrest in Hong Kong will undermine the long-term future for the city as an offshore business center for China, says Clive McDonnell of Standard Chartered Private Bank. He also says he's "comfortable" with buying good-quality Hong Kong stocks on weakness. Read Article

Mon, 18 Nov 2019 23:49:00 PST

Home sharing is a growing trend in China: Booking.com

Gillian Tans of Booking.com says growing home-sharing listings is a "huge focus" for the company. She also weighs in on how the firm competes with local platforms such as Tujia. Read Article

Mon, 18 Nov 2019 22:20:00 PST

Homebuilder confidence slips slightly in November

The nation's single-family homebuilders are feeling very positive about their business, but a monthly sentiment indicator fell in November from a recent high. Read Article

Mon, 18 Nov 2019 07:00:00 PST

Read the full email from WeWork's chairman to employees announcing layoffs

WeWork could lay off as many as 6,000 employees as part of painful cost-cutting measures to turn its business, the New York Times reported. Read Article

Sun, 17 Nov 2019 18:53:00 PST

The public market showed discipline with WeWork, says Roger McNamee

Henry Blodget of Business Insider and Roger McNamee of Elevation Partners join "Squawk Alley" to discuss the mounting struggles at WeWork as the company reports its losses have doubled. Read Article

Thu, 14 Nov 2019 08:29:00 PST

Sanders and Ocasio-Cortez unveil $180 billion 'Green New Deal' for public housing

The bill is the latest effort by the Democrats to bring Green New Deal policies into housing policy. It would retrofit 1 million units of federally owned housing. Read Article

Thu, 14 Nov 2019 08:04:00 PST

Facebook is moving into more than 1.5 million square feet of office space in New York's Hudson Yards

Facebook plans to start moving into the new offices in 2020. Read Article

Thu, 14 Nov 2019 06:59:00 PST

WeWork tells investors it lost $1.25 billion in the third quarter

Losses were up more than 150% from last year as the company added a record number of desks. Read Article

Wed, 13 Nov 2019 15:13:00 PST

Bidding wars for homes hit a decade low

Competition in the fall housing market is falling. Just 10% of offers written by Redfin agents for their clients in October faced a bidding war, down from 39% a year ago, according to the Seattle-based real estate brokerage. Read Article

Wed, 13 Nov 2019 11:10:00 PST
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