Finance & Mortgage

Chinese Insurance Giant Ping An Sets Eye On US, Plans to Spend Billions on New York Real Estate

The real estate division of Chinese insurance powerhouse Ping An announced that it is prepared to invest billions in the United States and is squarely targeting New York City as the recipient of numerous real estate investments.

Why the Interest Rate Hike Will Not Greatly Affect the Housing Sector

The gradual increase in short-term interest rate will not affect the housing sector. In a previous report, it was said that skeptics thought the Federal Reserve was just bluffing when it announced that interest rates will be raised before the end of 2015.

Soaring Real Estate Rates Increase Number of People Co-Owning Homes in Vancouver

Vancouver real estate pros say more locals are opting to co-own homes due to skyrocketing prices of properties. Majority of them are trying to pool resources they have just to get into the action of the real estate market.