Recent Posts

Sunac suspends land buying as prices surge

  Bloomberg Homebuilder Sunac China Holdings Ltd. has temporarily stopped buying land from government auctions in China because prices surged amid a housing rebound, Chairman Sun Hongbin said. “We’ve suspended all bidding recently and didn’t even sign up” for auctions by local governments, Sun said at a briefing. “I feel the risk is too high,” he said without giving a ...

Read More »

Canada’s hottest real estate market to end self-regulation

  Bloomberg Canada’s province of British Columbia will end self-regulation of the real estate industry as government officials move to rein in unethical practices that may be stoking home prices in Vancouver, one of North America’s fastest-appreciating cities. “The real estate sector has had 10 years to get it right on self regulation and they haven’t,” Premier Christy Clark said. ...

Read More »

San Francisco landlords gird for slowdown as startup frenzy ebbs

  Bloomberg Office landlords are bracing for a cooling of San Francisco’s red-hot market as weaker startup valuations and lower venture-capital funding temper years of runaway growth in the technology-industry hub. The city’s office-vacancy rate jumped in the second quarter by the most since the last recession, while the amount of space available for sublease almost doubled, according to a ...

Read More »
Send this to a friend