real estate

The Commerce Department said starts fell to a seasonally adjusted annual rate of 604,000 from a downwardly revised 613,000 rate in June.

In July, housing starts slipped 1.5%, according to data released Tuesday that reveal the negative impact on demand for new houses that comes from cheaper foreclosed homes, underwater mortgages, tight lending standards and high une

Simon Property Group (NYSE:SPG) reported Q1 EPS of $1.61 today, beating the consensus estimate for $1.54 per share. Revenues for the quarter were up 10.2% year-over-year to $1.02 billion, above the consensus estimate for $925 mill

One of America's premier home-builders, KB Home (NYSE:KBH), reported a Q1 loss today of $1.49 per share, a much wider loss than the expected $0.27 per share.

FirstService announced the official launch of FS Energy, an energy management company that is leading environmental change by improving energy efficiency and lowering operating costs across FirstService's extensive property manage

Credit Suisse has revised down its U.S. GDP forecasts for the first half of 2011. The firm now expects 2.5% real GDP growth in Q1, down from its previous forecast of 3.5%. Its Q2 forecast was also revised down to 3.3% from 3.7%. H

The current downtrend began in August 2010, after the federal homebuyer tax credit expired in the spring.

U.S. home prices declined in January, falling to a level equal with the summer of 2003, according to the S&P Case-Shiller indexes. The index showed prices fell 1% in the month, after rising 2.38% in December.