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East Williamsburg Opens $20 Million Call for Revitalization Projects
East Williamsburg has opened a call for capital projects under New York's $20 million Downtown Revitalization Initiative, with a public workshop set for September 23.
3 min read


Henderson Land’s Profit Rebound Signals New Momentum in Hong Kong Property
HONG KONG — Henderson Land Development reported a sharp first-half rebound, with underlying profit attributable to shareholders rising 66 percent to HK$5.07 billion. The result was driven by stronger property sales in Hong Kong and gains connected to government land resumptions in the New Territories, giving investors a clearer view of how the developer is navigating a still-uneven property market. Reported profit, which includes valuation movements, rose 41 percent to HK$4.0
3 min read


US Existing Home Sales Fall for Second Straight Month as Affordability Pressures Persist
11 August 2026 The U.S. housing market remained under pressure in July as sales of previously owned homes declined for a second consecutive month, with rising mortgage rates, elevated prices and limited inventory continuing to keep many prospective buyers on the sidelines. Existing home sales fell 1.7 percent in July to a seasonally adjusted annual rate of 4.06 million units, according to the National Association of Realtors. Economists surveyed by Reuters had expected a slig
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Hong Kong Home Prices Extend Winning Streak as Market Momentum Begins to Ease
29 July 2026 Hong Kong's residential property market continues to demonstrate resilience, recording its thirteenth consecutive month of price growth in June. While the steady rise signals ongoing confidence among buyers, the latest figures also suggest that the pace of recovery may be starting to moderate after more than a year of sustained gains. Analysts believe the market is entering a new phase where stronger fundamentals remain in place, but rapid price increases are bec
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U.S. Existing Home Sales Slip as Home Prices Reach Another Record High
09 July 2026 The U.S. housing market delivered another reminder of its growing affordability challenge in June, as existing home sales unexpectedly declined while home prices climbed to a new all time high. The latest figures highlight the difficult position facing prospective buyers, who continue to grapple with elevated mortgage rates, limited housing supply and rising property values despite signs that more homes are gradually becoming available. According to data released
3 min read


UK Housebuilders Face Major Legal Challenge Over Alleged Anti Competitive Practices
30 June 2026 Britain's largest homebuilders are facing the possibility of one of the biggest consumer legal actions in the country's housing market, as hundreds of thousands of homebuyers could become part of a multi billion pound lawsuit alleging anti competitive conduct that may have inflated the cost of newly built homes. The proposed class action was filed on behalf of more than 700,000 people who purchased newly built homes across Britain between October 2015 and June 24
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Pending Home Sales Reach Six-Month High as U.S. Housing Market Shows Signs of Life
17 June 2026 America's housing market delivered an encouraging surprise in May as pending home sales climbed to their highest level in six months, suggesting that buyers are gradually returning despite ongoing affordability challenges and elevated mortgage rates. The latest data has fueled cautious optimism among economists and real estate professionals who have spent much of the past year watching the market struggle through a period of uncertainty. Pending home sales, which
3 min read


U.S. Existing Home Sales Post Stronger Than Expected Gain in May
09 June 2026 The U.S. housing market delivered an encouraging surprise in May as existing home sales increased more than economists had expected, offering fresh evidence that buyers continue to navigate elevated mortgage rates and affordability challenges in pursuit of homeownership. The latest figures suggest that while the housing market remains far from the frenzied conditions seen during the pandemic-era boom, it continues to demonstrate resilience despite ongoing economi
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UK House Prices Unexpectedly Decline as Property Market Faces New Questions
05 June 2026 Britain's housing market delivered an unexpected surprise in May as house prices recorded a decline that caught many economists off guard, raising fresh questions about the direction of the country's property sector during a period of economic uncertainty. For much of the past year, analysts had anticipated that the housing market would continue showing resilience despite higher borrowing costs and broader financial pressures. Instead, the latest figures suggeste
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U.S. Housing Market Struggles as Spring Selling Season Falls Flat
11 May 2026 The American housing market is entering what is traditionally its busiest season with an unusual sense of disappointment and hesitation hanging over buyers, sellers, and real estate agents alike. After years of soaring prices, bidding wars, and low inventory, the spring housing season of 2026 is shaping up to be far weaker than many economists expected. According to recent reports, home sales in April remained essentially flat despite increased listings and a slig
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New York’s Push to Tax Luxury Second Homes Signals a New Era for High End Real Estate
14 April 2026 In a move that is already stirring conversation across the real estate and financial sectors, Kathy Hochul has proposed a new tax targeting second homes valued at five million dollars or more. The initiative is positioned as part of a broader effort to address housing affordability and generate additional revenue for public needs, particularly in a state where the gap between luxury ownership and everyday housing access continues to widen. While second homes hav
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U.S. Existing Home Sales Slide to Nine-Month Low as Tight Supply and Rising Costs Slow the Market
13 April 2026 U.S. existing home sales fell to their lowest level in nine months in March as tight housing supply, higher borrowing costs, and growing economic uncertainty combined to slow the housing market during what is normally the busy spring buying season. According to data from the National Association of Realtors, sales dropped 3.6 percent from February to a seasonally adjusted annual rate of 3.98 million units, marking the slowest pace since June last year and coming
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US Existing Home Sales Rise Unexpectedly in February
10 March 2026 After months of sluggish momentum, the United States housing market showed a surprising sign of life in February as existing home sales increased unexpectedly. The latest data suggests that a modest decline in mortgage rates and slightly improved affordability encouraged buyers to return to the market, offering a rare moment of optimism in an industry that has struggled with high borrowing costs and limited supply. According to new figures from the National Asso
3 min read


Macklowe’s lost 432 Park Avenue spread resurfaces in a tumultuous luxury market
30 January 2026 Rafael Viñoly's 432 Park Avenue.Photo: Getty In a saga that captures the drama of New York’s ultra-prime property market, an illustrious condominium at 432 Park Avenue that once belonged to legendary developer Harry Macklowe is now under contract for a sum north of $50 million after years of legal entanglements, refinancing struggles and shifting fortunes in one of the world’s most exclusive real-estate addresses. The transaction, orchestrated by the property’
4 min read


JPMorgan Chase Plans £3 Billion Global Headquarters Tower in London’s Canary Wharf
27 November 2025 Tourists gather at the General Wolfe Statue viewpoint overlooking Canary Wharf, in Greenwich Park, London, Britain, September 30, 2025. REUTERS/Corey Rudy/File Photo In a landmark decision, JPMorgan Chase announced on November 27, 2025 that it will build a massive new headquarters tower at the Riverside site in Canary Wharf, east London. The planned 3-million-square-foot building is set to become the bank’s largest office outside the United States, accommodat
3 min read


UK house prices climb sharply in October to hit a new £300,000 average
7 November 2025 A view of residential houses in London, Britain, January 23, 2025. REUTERS/Hannah McKay In a surprising turn for Britain’s housing market, the latest figures from mortgage lender Halifax show that the average UK home price rose by 0.6 percent in October, reversing a 0.3 percent drop in September and marking the strongest monthly rise since January. The new average price of £299,862 reflects not only market resilience but the shifting undercurrents in demand, a
3 min read


IKEA Pays $213 Million for Soho Building in Bold Push Into Manhattan
1 October 2025 A worker walks past a logo of IKEA on the facade of an IKEA store in Barcelona, Spain April 26, 2024. REUTERS/Nacho Doce...
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New World Secures $758 Million Loan from Deutsche Bank to Shore Up Liquidity
25 September 2025 A general view of developer New World Development's office tower, K11 Atelier King's Road, in North Point of Hong Kong,...
2 min read


Norway’s Sovereign Wealth Fund Bets Big on Midtown Manhattan
2 September 2025 photo by Andres Garcia Martin In a bold testament to confidence in New York real estate, Norway’s sovereign wealth fund...
2 min read


Hong Kong’s property giants face a reckoning as soaring debt repayments collide with crashing valuations and lender unease
18 August 2025 Buildings stand in Hong Kong, China February 24, 2025. REUTERS/Tyrone Siu/File Photo Across the skyline of Hong Kong, the...
3 min read
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