Country Garden, a Chinese real estate giant, has lost billions of dollars and racked up $200 billion in unpaid bills. It’s on the hook to deliver, by one estimate, nearly […]
Real Estate and Housing (Residential)
Trending topics and news from the Real Estate and Housing (Residential) category
Back to news homeCountry Garden’s Stock Plunges After Report of Huge Losses
It was considered the gold standard in China’s increasingly shaky housing market. Now investors are treating Country Garden, the giant developer, like a ticking time bomb.The company, China’s last major […]
Country Garden Is Latest Chinese Real Estate Giant in Trouble
Remember China Evergrande, that Chinese real estate behemoth whose mountain of debt sent global markets spiraling in 2021? Its collapse signaled the start of a crisis for China’s housing market, […]
Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard.
The three-bedroom house in suburban Atlanta on a quiet cul-de-sac seemed exactly what Jeneyha Wheatley-Frett and her husband, Shawn Frett, were looking for when they moved in about 15 months […]
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]
How Much Debt Does China Have?
China, which has lent nearly $1 trillion to some 150 developing countries, has been reluctant to cancel large debts owed by countries struggling to make ends meet. That is at […]
China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
When China suddenly dismantled its lockdowns and other Covid precautions last December, officials in Beijing and many investors expected the economy to spring back to life.It has not worked out […]
New Zealand House Prices Have Crashed, Wiping Out Billions in Wealth
Michael Wilson was hopeful when he put his three-bedroom house up for sale: Over a dozen would-be buyers came to the initial showing.But about a year later, the property is […]
Mortgage Transfers Pick Up as a Way to Beat Rising Rates
Craig O’Boyle is hoping to create a business making assumptions faster and easier. Mr. O’Boyle is a real estate agent who has been selling homes in Colorado for three decades, […]
Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis
The rows of towering buildings crowding the banks of the Gan River are a testament to the real estate boom that transformed Nanchang in eastern China from a gritty manufacturing […]