Investing

New York’s real estate market now straining for growth

A penthouse condominium by Central Park in New York just fetched $238 million. Bought by hedge fund billionaire Ken Griffin, it is the highest price ever paid for a home in the United States.

Real estate foreign investment in Australia collapses

Foreign investors have abandoned the Australian real estate market en masse, new figures reveal, with economists now forecasting steeper house price falls and a Reserve Bank interest rate cut.

Real Estate Experts Anticipate Recession In 2020?

Real Estate Experts Anticipate Recession In 2020? SEATTLE–The next US recession will be in 2020 and it will likely be triggered by monetary policy, according to most recent Zillow Home Price Expectations quarterly survey of more than 100 US real estate experts, which is conducted by Pulsenomics.