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The percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far annual appreciation would fall. It seems we may now have the answer.
Real estate investing can offer a hedge against market volatility while enhancing diversification in a portfolio, but some sectors may outperform others. Retail has become a major question mark for investors amid the rising demand for online shopping with buyers turning to their browsers for purchases.
Long Island City in Queens, N.Y., may seem ideal for Amazon. Directly across the East River from Manhattan, it offers stunning views, easy access to transportation, and shiny new residential towers already rising by the water.
KB Home shares fell 18 percent on Thursday, headed for its worst day of trading since August 1992.
The Los Angeles-based homebuilding company provided lower-than-expected guidance for its fourth-quarter results.
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