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Real Estate Predictions: House Prices will Drop by 2017, Analyst says

The price of houses is predicted to drop by 1.7 percent by the next year after its dramatic increase this year. This is because of the improvement of the US economic conditions like the decrease of unemployment rates and increasing incomes especially on the mortgage market.

Gramercy Park Realty News: The 103-unit Luminaria Condo Conversion was Lighted Up in Preparation for Its Sales Launch

Ben Shaoul’s Magnum Real Estate has lighted up the 103-unit Luminaria condo conversion at 385 First Avenue in Gramercy Park.

Chinese Investors Spent $8.6 Billion to Purchase US Commercial Real Estate Assets in 2015

Chinese investors continue to increase their purchase of U.S. commercial estate which could affect the country's economic development.