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Home sales

Country Garden reports major slump in China home sales, triggering fresh alarm for creditors amid debt restructuring

by Anas Siddiqui
Country Garden reports major slump in China home sales, triggering fresh alarm for creditors amid debt restructuring

Country Garden Holdings said home sales plunged last month to a multi-year low, raising fresh alarm about its financial distress even as the mainland Chinese developer fends off hostile creditors …

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Evergrande chairman’s second seized Hong Kong mansion put up for sale

by Ron Morgan
Evergrande chairman’s second seized Hong Kong mansion put up for sale

China Evergrande Center sign seen on the front of their building. A second mansion in Hong Kong that once belonged to China Evergrande Group’s chairman has been put up for sale …

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New home construction in January was down 10% from December, says CMHC

by Anas Siddiqui
New home construction in January was down 10% from December, says CMHC

New home construction in Canada fell by 10 per cent in January compared to December, as fewer multi-unit urban homes, such as townhouses, were built, according to the country’s national …

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January home sales jump 22 per cent from last year’s weak start

by Anas Siddiqui
January home sales jump 22 per cent from last year’s weak start

January home sales jumped 22 per cent compared with a year ago, the largest year-over-year increase since May 2021, according to The Canadian Real Estate Association. The association says the …

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China property: once-mighty developers strain for lifelines of state support after end of sector’s ‘golden age’

by Anas Siddiqui
China property: once-mighty developers strain for lifelines of state support after end of sector’s ‘golden age’

However, analysts warn that even the developers that make the list will find the coming years brutal. The landscape of the home-building business in China has been forever altered by …

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Country Garden expects China property market to remain weak in 2024

by Walter Watson
Country Garden expects China property market to remain weak in 2024

TOPSHOT – This aerial photo taken on October 31, 2021 shows buildings of China’s developer Country Garden Holdings in Zhenjiang, in China’s eastern Jiangsu province. China’s largest developer Country Garden …

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National home sales in 2023 lowest since 2008 despite December ‘bounce,’ CREA says

by Anas Siddiqui
National home sales in 2023 lowest since 2008 despite December ‘bounce,’ CREA says

Canada’s housing market is seeing some of the lowest annual sales volumes in more than a decade, according to the latest statistics from the Canadian Real Estate Association, even though …

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How Laguna Beach, California, is helping residents age in place

by Walter Watson
How Laguna Beach, California, is helping residents age in place

Laguna Beach, California Luciano Lejtman | Moment | Getty Images When most people think of Laguna Beach, California, they think of its scenic coves and beaches. But the small coastal …

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Big Short’s Steve Eisman worries investors are too bullish in 2024

by Ron Morgan
Big Short’s Steve Eisman worries investors are too bullish in 2024

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding …

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China’s home developers suffer further sales skid to end miserable 2023, as 2024 offers slim hope amid depressed demand

by Anas Siddiqui
China’s home developers suffer further sales skid to end miserable 2023, as 2024 offers slim hope amid depressed demand

The beginning of a new year means joy and hope for many people, but not for big Chinese developers at the dawn of 2024, after a downward trend in home …

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