Sunday , October 22 2017

Real Estate

Property: Speck of cloud in JPMorgan’s silver lining

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  Bloomberg At first glance, it’s hard to find much new to worry about in JPMorgan Chase’s second-quarter earnings report. Most of the important numbers beat estimates, although those estimates dropped like crazy before the report as the outlook for interest rates this year went from lower-for-not-much-longer to lower-for-who-knows-maybe-forever. Still, ...

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China’s economy gets boost from property, construction

Residential buildings are seen after rain in Huangshan, Anhui province, China May 12, 2016. REUTERS/Stringer/File Photo  ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. EDITORIAL USE ONLY. CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA.

Bloomberg China’s real estate sector grew faster than the overall economy in the second quarter as new home purchase restrictions in the biggest cities failed to deter buyers. Economic output by real-estate brokers surged 8.8 percent from a year earlier in the April-to-June period, while construction activities jumped 7.3 percent, ...

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