U.S. Existing-Home Sales Reach Highest Level in 14 Years

Sales of beforehand owned properties rose in 2020 to the best degree since 2006, as ultra-low rates of interest and distant work through the pandemic…

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Covid-19 Kindled Washington, D.C.’s Luxury Market. The New Administration Could Make It Even Hotter.

For a few years, Michael Stock stated he by no means thought of promoting his good-looking Beaux-Arts Revival-style dwelling on Washington, D.C.’s prestigious Embassy Row—not…

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WSJ News Exclusive | Housing Market Stays Tight as Homeowners Stay Put

Americans are holding on to their houses longer, and it’s costing would-be house consumers. The size of time U.S. owners keep put has been rising…

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Big Real-Estate Firms Turn Buyers of Their Own Shares

Some publicly traded real-estate firms have discovered a purchaser for his or her shares, regardless of empty places of work, abandoned motels and reeling procuring…

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Rental Home Construction Climbs as Purchase Prices Surge

There haven’t been so many single-family houses underneath development within the U.S. since 2007, but many of those new homes received’t be on the market.…

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WSJ News Exclusive | Amazon Pledging More Than $2 Billion for Affordable Housing in Three Hub Cities

Amazon mentioned it intends to take a position in reasonably priced housing over the subsequent 5 years in three areas the place it’s a main…

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Fortnite Creator Is Buying a Dying Mall to Develop New Headquarters

The firm that created the favored videogame “Fortnite” has agreed to buy a North Carolina mall and plans to redevelop it as a world headquarters,…

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Low Taxes and High Temperatures Lure Finance Firms to Miami

MIAMI—This metropolis has lengthy pitched itself as a lovely location for finance and tech companies, with its tax benefits, flight connections to New York and…

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City Apartment REITs Await the Return to the Office

Shares of real-estate funding trusts which are massive house owners of rental residences in New York, San Francisco and different massive city areas bought clobbered…

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As 2020 Limps to an End, Ad Executives Look Warily to 2021

When the pandemic struck early this 12 months, many advertisers paused their campaigns, clawed again scheduled media buys and rethought their whole method to promoting…

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