The political pressure that sunk Amazon's New York City deal was borne out of a lack of understanding of the benefits, says billionaire William Rudin.
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Real estate agents and analysts have long been blaming weak sales on too few listings and rising rates.
The U.S. housing market has been stymied by a sharp rise in mortgage rates since 2016 as well as land and labor shortages.
SoftBank's Vision Fund led a $200 million investment in Clutter at a $600 million valuation.
Applications to purchase a home increased 2 percent for the week — the first uptick in four weeks — a sign of optimism in the housing market.
Mark Steinert, CEO of Stockland, says the biggest challenge in the Australian housing market is the contraction in credit.
Uncertainty in the political sector is unlikely to affect the Australian consumer, says Peter Allen, CEO of Scentre. He also explains why he says declining house prices may not impact retail sales in the country.
Payless ShoeSource filed for bankruptcy protection on Monday, a day after it began winding down its 2,500 U.S. stores.
The nation's homebuilders are feeling better about the state of their industry as lower interest rates boost consumer confidence.
Jian Chang of Barclays says infrastructure investment in China is likely to pick up and will help to offset a slowing housing market.