Investing

US Luxury Home Sales Increase Across Nation: Redfin Study

Even as the summer property market is set to take off in June, luxury home sales are holding steady across the United States, a new study by Redfin - the online real estate platform - shows.

"China’s property market is just a sinking Titanic"

China's property market woes have been widely covered by the global media, sparking concerns about the health of the world's second largest economy. Now, a Chinese real estate mogul has gone a step forward to compare the market to the ill-fated "Titanic" that sunk in the Atlantic in 1912.

Irvine Co. to buy Chicago Tower for $850 million from KBS Realty

Irvine Co., the South California-based real estate firm run by billionaire Donald Bren, has reportedly agreed to purchase a 60-storey, 1.3 million-square feet tower in Chicago from KBS Realty Advisors for $850 million.
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