Investing

Pending Home Sales Up in May

Home sales across America were up in May, with pending contracts matching the highest level the National Association of Realtors has seen in the past two years.

California Real Estate Up 11.2 Pct in May

The state of California experienced an 11.2 percent jump in home sales for the year ending in May, according to a California Association of Realtors report released Wednesday.

Sotheby’s to invest in Chinese luxury market in 2013

Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to start business in China’s luxury property by the first half of next year, targeting first-tier cities such as Beijing and Shanghai.