A new report by property researcher CoreLogic has found that the property market in rural and regional areas experienced a boom in the last financial quarter. The latest Corelogic Pain and Gain report found that just over 88 percent of housing sales made a gain in the September quarter, translating into $24.8 billion in profits. This was…
China-US Ties Hold Up Property Deal With Hong Kong Consulate, Developer Says
HONG KONG—Hong Kong developer Hang Lung Properties said it was unable to complete the purchase of a property owned by the U.S. consulate as scheduled on Wednesday because it involved foreign affairs between China and the United States. The latest twist in the $331.5 million deal in an upscale location in the financial hub comes…
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