With 1.4 trillion yuan ($194 billion) in total liabilities at the end of 2022, one of China’s biggest developers, Country Garden Holdings Co., has acknowledged that it underestimated the market…

Italian national news outlet Il Sole 24 Ore is reporting that Italian authorities are accusing US-based online accommodations booking platform Airbnb of failing to pay €500 million ($547 million) in…

Once China’s biggest developer according to sales, Country Garden Holdings Co. has succumbed to growing liquidity issues and increasing scrutiny of its operations, finally becoming a penny stock on the…

In long-delayed results published Tuesday, China Evergrande Group posted a combined total loss of $81 billion over two years. In late 2021, the world’s most debt-burdened property developer defaulted on…

According to a new report released Wednesday by the Mortgage Bankers Association (MBA), as newly arrived economic data last week sent “mixed signals,” mortgage rates hit the highest levels since…

Halifax, the British mortgage lender, announced this week that in the UK house prices dropped last month at the fasted annual rate seen in 12 years. For the third month…

According to a new private survey, in China, new home prices fell slightly in June compared to the previous month, marking the second month of price declines in a row.…

As a limited supply of existing homes has fed interest in new construction, US homebuilder sentiment advanced to an 11-month high in June. On Monday, figures showed that the National…

Elon Musk has sounded the alarm over fears the US housing sector is heading for a meltdown. On Monday he tweeted, “Commercial real estate is melting down fast. Home values…

In a weekly client note, Morgan Stanley Wealth Management chief investment officer Lisa Shalett warned clients that the commercial real estate (CRE) sector is poised for a collapse which could…