Bloomberg Sydney’s home values posted the biggest rise in 10 months in May, as lower mortgage rates and a partial easing of lending standards revived buyers’ appetite. Prices in the nation’s largest city climbed 3.1 percent in May, the fifth straight month of gains and the most among state capitals, according to research firm CoreLogic Inc. The increase, the ...

  Bloomberg Apartment owners with properties in San Francisco and New York tumbled after landlord Equity Residential said new leases in those cities — two of the most expensive U.S. rental markets — are falling short of revenue expectations. Essex Property Trust Inc., a real estate investment trust focused on the West Coast, slid 3.7 percent for the biggest decline ...

  Bloomberg Developers are in preliminary discussions to re-stoke urban development on vacant land west of the Piemonte at Ontario Center shopping center. The area — north of Citizens Business Bank Arena and south of Fourth Street in Ontario — had been planned as a 24-hour hub of activity filled with residents who would be drawn to the restaurant and ...