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Real Estate
Here’s where U.S. rents are rising — and falling — the fastest
Tourists walk through a park in Chicago, on May 26, 2024. Jamie Kelter Davis/Bloomberg via Getty ImagesMany major U.S. cities have seen apartment prices soar in the past year, even as the typical American has seen pandemic-era rent…
California home where Serena Williams once resided up for grabs with $13.5M
Many of the rooms in the sprawling house "feature clear glass French doors that open onto the verdant yard," according to the listing.OAKLEY FOUNDER OFFLOADS $120M CALIFORNIA MANSION, SETS RECORDIts future owners will also have plenty…
Housing affordability deteriorates as prices, mortgage rates stay high
Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would weaken, but today's housing market is unlike any other in recent…
NBC News Home Buyer Index
10'000 Hours | Digitalvision | Getty ImagesThere are areas in the U.S. that are considered to be the least difficult places to buy a home, according to a new real estate indicator.When the counties are sorted by index rank, Iroquois…
Home prices hit record high in May as sales stall
Sales of previously owned homes are sitting at a 30-year low and didn't move much in May as prices hit a new record and mortgage rates remain high.So-called existing home sales in May were essentially flat, down 0.7% from April to a…
Revolut moves global HQ in Canary Wharf as it awaits UK bank license
A mockup of what Revolut's new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on two signs on the sides of the new building – mimicking legacy banks like Barclays and Citigroup.RevolutBritish…
Mortgage demand flattens even as interest rates hit the lowest level since
File photos: "For Sale" signBrandon Bell | Getty ImagesConsumers seemed unimpressed by the latest drop in mortgage rates. Total mortgage application volume rose just 0.9% compared with the previous week, according to the Mortgage Bankers…
World’s most expensive cities for expats
Hong Kong retained its pole position as the world's most expensive city for expats in 2024, according to Mercer.Chunyip Wong | E+ | Getty ImagesAsia's biggest financial hubs have once again clinched the top spots for being the costliest…
Singapore’s shophouses are getting snapped up by the rich and famous
Row of shophouses in Singapore's Katong area.Olivier Chouchana | Gamma-rapho | Getty ImagesSINGAPORE — The ornate, colorful "shophouses" that line the streets in some old neighborhoods of Singapore are not what immediately comes to mind…
Luxury homes on these beaches are losing value fast, as effects of climate
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, some of the nation's priciest coastal…