News

Miami Housing Inventory Declines 37% in January as Condo Prices Spike 36%

Following a record sales year, Miami home prices posted strong gains in January. The median sales price of condominiums in the Miami Metropolitan Statistical Area (MSA) spiked 36 percent to $122,500 in January compared to a year earlier, according to the 26,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) system.

Beijing invests heavily on relics protection

Beijing will make the largest ever investment on cultural relics restoration and renovation this year, a local cultural heritage official said Thursday.

JPMorgan Chase Receives $100 Million New Markets Tax Credits Award

JPMorgan Chase pledged to further expand its investment to support new jobs and service in low-income communities after receiving the U.S. Treasury Department's largest allocation of tax credits today. Chase received $100 million in the latest round of New Markets Tax Credit awards. The $100 million award was the largest of the $3.6 billion in allocations granted to more than 70 organizations this year.