Property News
New York City braces for wealth flight with Mamdani's political rise
CNBC - 17 Jul 2025 15:15
Zohran Mamdani's primary win in New York City's mayoral race and proposal to raise taxes on millionaires have touched off fears of a new wave of wealth flight.
Homebuilders are slashing prices at the highest rate in 3 years
CNBC - 17 Jul 2025 18:17
More homebuilders are cutting prices as interest rates remain stubbornly high, and potential buyers pull back over concerns in the economy.