The minutes also said the Australian dollar, despite falling to three years lows, remained at historically high levels, supporting the case for a cut in August. "It was possible the exchange rate would decline further over time, which would assist in …
There had been a slight fall in the bad debt ratio at the end of last year, when the country's so-called "bad bank" swallowed up large amounts of the toxic real estate that had brought down several Spanish banks. The bad bank was set up by the …
The data suggest that the big surge in all-cash deals is happening more at the low end and probably reflects a large number of investors buying cheaper homes in hard-hit areas to rent out. Goldman researchers said they "backed into" … Goldman's …
New York cut tens of millions of dollars from the libraries in the past five years — and spent twice as much on the High Line, a park that ignited a luxury real estate price explosion in Chelsea. New Yorkers do not lack for self-regard. Mr. Robins …
Over the long term, REITs and real estate have a very similar return profile, but REITs have higher volatility because they're priced on a daily basis. But volatility has nothing to do … Mr. Halle: I still like high–end retail malls. I think the lack …
“Access to finance at the high end of the market has improved recently, with more lenders offering jumbo loans,” said Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School. “Along with good returns from the stock …
Seaward Development LLC's purchase of a 1.12-acre parcel at 129 Taft Drive earlier this month marks the latest in a series of high–end real estate transactions that appear to have shortchanged the documentary stamp taxes that help fund court systems in …
Saks, the luxury retailer, reported a wider loss two weeks after agreeing to be bought by the Canadian retailer Hudson's Bay, the parent company of Lord & Taylor, for $2.4 billion. The retail sector got off to a dismal start last week after Wal-Mart …
Unlike Starbucks, or McDonald's, which had to contend with existing tastes for say, fatty pork or wedgy potatoes, the luxury clothing and accessories market in China was, until the 90's, a tabula rasa. So while conventional wisdom might have suggested …