CNBC’s Diana Olick reports on how Amazon is getting deeper into the real estate industry.
U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high.
CNBC’s Diana Olick reports on new existing home sales for the month of June, which were expected to decrease by 0.6 percent, but dropped 1.7 percent.
Jason Del Rey, senior correspondent for Recode, and CNBC’s Diana Olick join “The Exchange” team to discuss Amazon, the new Realogy partnership and the company’s growth.
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.
Yoan Kamalski of Hmlet explains how his co-living company brings more value for money for its customers. He also says he has heard people saying that they would rather rent for the rest of their lives instead of buying a home.
One of the big things behind the protests in Hong Kong is the “terrible affordability” of housing in the city, which is upsetting young people and the middle-income population, says Peter Churchouse of Portwood Capital.
“They’ve told us through our research, ‘We want to work on our house because we think it’s a good investment,’” Home Depot CFO Carol Tomé says.
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full recovery. A major developer sent this letter to his employees.
The mayoral office says renting a one bedroom flat in London is now as expensive as a three bedroom house in other parts of England.