Investing

California Real Estate Up 11.2 Pct in May

The state of California experienced an 11.2 percent jump in home sales for the year ending in May, according to a California Association of Realtors report released Wednesday.

Sotheby’s to invest in Chinese luxury market in 2013

Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to start business in China’s luxury property by the first half of next year, targeting first-tier cities such as Beijing and Shanghai.

US most transparent real estate market in 2012: Study

Recovering real estate markets is having a positive effect on transparency, which has been much needed following the financial crisis in 2008 and 2009.
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