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China Pumps $188 Billion Into the Economy to Counter Real Estate Slump

China has decided it’s time to loosen its purse strings and pump money into the economy in a bid to stave off threats to the recovery.

Evergrande Is ‘Just the Beginning’: Professor Says More Firms Must Exit China’s Property Sector

China’s real estate sector has to be “substantially smaller” to keep the overall economy healthy and stable, said Li Gan, economics professor at Texas A&M University.

Defaults Loom Over More Property Developers as China Reassures Investors on Evergrande

All eyes will be on Chinese real estate developer Sinic Holdings, which warned last week it’s not likely to repay offshore bonds worth $250 million due on Monday.

Evergrande Seeks To Reassure Retail Investors as Key Debt Deadline Looms

Evergrande will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant.

Goldman Bets on City Bounce Back With Paris Real Estate Deal

Goldman Sachs Group Inc. is betting that prime retail and office space in Europe’s top capitals still has a bright future. 

Kimco Realty’s CEO Says Foot Traffic Back to Pre-Covid Levels

Foot traffic at Kimco Realty’s shopping centers has returned to pre-pandemic levels, CEO Conor Flynn told the media.

Home Prices Surge by Most on Record

House prices rose 14.6% year over year.

US Cannot Afford Housing Market ‘Boom and Bust’, Warns Fed Official

A senior Federal Reserve official has warned the US cannot afford a “boom and bust cycle” in the housing market that would threaten financial stability, in a sign of growing concern over rising property prices at the central bank.