News

US Home Sales Drop Unexpectedly in June; Remain at 3.5 Year High

Home sales in the U.S. witnessed a slight unexpected dip in the month of June as average mortgage rates climbed a little. However, the current figures of sales remain at a three and a half year high, according to the data released by the National Association of Realtors (NAR).

Nine West Founder Vince Camuto Selling Southampton Manor for $48 Million

Vince Camuto, the shoe mogul who launched the famous women’s designer footwear brand “Nine West”, has reportedly listed his large residence in Southampton, New York, for a whopping $48 million. The residence joins the league of some of the most expensive listings of the country.

New Zealand Earthquake Causes Structural Damage; Port Slides into Sea

Wellington, the capital city of New Zealand was hit by a 6.5 magnitude earthquake, Sunday July 21 which caused a lot of structural damage and also led a part of the city’s port to slide into the sea, according to Bloomberg.