Tag: Building Construction

China’s property market contracts further amid curbs on speculation

BEIJING — China’s new construction starts measured by floor area contracted further in the first 10 months of the year, showing a substantial slowdown of the country’s giant housing market. This also signals Beijing’s resolution to curb housing speculation amid a broader economic slowdown brought about by the crackdown on the property sector. New construction […]

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Zillow is offloading homes — raising ‘red flags’ about the real-estate market

Zillow’s unexpected announcement in October that it was temporarily pausing its home-buying activities raised many analysts’ eyebrows. Now, the company is reportedly offloading thousands of homes at a discount. Some argue that more concerning trends could be on the way. The company’s Zillow Offers division is what’s known as an “iBuyer” — it purchases and […]

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These healthcare stocks are winners in Biden’s social-spending plan, analyst says

President Joe Biden’s social-spending package still faces a long road to becoming reality, but analysts are flagging some winners in his $1.75 trillion plan. Proposed Obamacare-related spending in Biden’s proposal counts as good news for a number of healthcare stocks XLV, +0.97%, according to Brandon Barford, a partner at Beacon Policy Advisors. The president released […]

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Viral TikTok accuses Zillow and competitors of manipulating the housing market. Here’s what’s really going on.

Are companies like Zillow ZG, -3.40% and Redfin RDFN, +4.57% manipulating home prices by purchasing properties across the country? That’s what one real-estate agent claims in a video that went viral on the social-media platform TikTok — but real-estate experts say the reality is much more complicated. In a video that’s garnered more than 2.4 […]

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All-Star Johan Santana Selling $6M Florida Mansion, but He Isn’t Moving Far

The pitcher responsible for the first (and only) no-hitter in the history of the New York Mets is longing for a hit with the sale of his southwest Florida home. Now, the 9,121-square-foot home on about a half-acre of lakefront property is on the market for $5,995,000. It offers the ultimate in seclusion. “He had […]

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