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USA realty market isn’t as fun as it used to be: Agents

  AP Real estate agents are flummoxed by a housing market that’s still trying to recover a decade after its historic collapse. Agents are getting higher commissions as home prices rise, but have fewer houses to list because homeowners are reluctant to sell. Many owners don’t want to put their homes on the market until they have more equity to ...

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World’s worst property market confronts Taiwan’s new prez

  Bloomberg Taiwan’s home prices, which have fallen in the past year ending a decade-long bull run, are poised to extend declines as the economy contracts and a new presidential administration focuses on equitable wealth distribution. Home values in Taiwan dropped 1.2 percent and transactions declined 15.5 percent since the first quarter of 2015, according to data from the Interior ...

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Global glut goes slow on China rustbelt jobs

  Daqing / AFP Once the pride of Communist rulers and now hit by a global glut and slowing domestic growth, China’s largest oilfield epitomizes Beijing’s reluctance to cut jobs at loss-making state-run operations. Thousands of oil pumps painted black, yellow and red stretch to the horizon in Daqing, which has produced more than two billion tonnes of the black ...

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