News

Bank of Canada Head Urges Caution on Housing Market

Parts of the Canadian housing market, especially condominiums in some major cities, have seen prices jump to levels that warrant caution, the head of the country's central bank said in an interview broadcast on Saturday.

Miami Property Prices Rise Significantly For Fourth Consecutive Month

For the fourth consecutive month, Miami home prices posted strong gains in March with the median sales price of condominiums surging 46% compared to a year earlier, according to the latest figures from the Miami Association of Realtors.

Bill Ackman And Sam Zell On Turnarounds, Opportunities And Success

Bill Ackman and Sam Zell spoke Thursday at the NYU Shack Institute's annual REIT conference. Jonathan Gray of Blackstone, Bill Ackman and David Shulman (Roland Li/IBTimes) On Thursday, Bill Ackman, the silver-haired hedge fund virtuoso, fielded a challenge in the gleaming dining room of the Pierre Hotel in Manhattan.