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China’s New Home Prices Continue to Rise, Posing Difficulties for Government

New Home prices in China have posted a large and continuous growth since December 2011. Prices increased by 2.1 percent in Feb, 2013 from a year earlier while posting a 1.1 percent increase from a month earlier. The continuing trend is posing a major challenge for the government to avoid an asset bubble.

New York City Hosts its First Annual Real Estate Career Expo (VIDEO)

New York City hosted its first Annual Real Estate Career Expo on Thursday, March 14. Many top real estate firms and agents came under one roof to discuss and share valuable real estate information and advice to newcomers.

Empire State Building Gains Broad Support for IPO; Small Group of Investors Still Opposing

New York’s legendary Empire State Building is reportedly inching closer to its proposed IPO. Malkin Holdings LLC, the company that controls the building, declared that they have garnered three quarters of favorable votes from the building’s shareholders who have voted so far. However a small group of investors have been opposing the plan.