New York City Council members denounced Amazon.com Inc. executives and a city economic development official over its deal that will provide the company with $3 billion of incentives for building a satellite headquarters in Long Island City.
The federal housing agency says fewer Canadians opened new mortgages in the three-month period ending June 30, even though the total number of active mortgages and the value of those mortgages rose during the same quarter compared with a year ago.
The era of bidding wars may be winding down in some of the most-competitive U.S. housing markets.
When U.S. lawmakers enacted a new tax break to help low-income communities last year, backers said it would lift up some of the most distressed parts of the country.
Timeshare tactics are becoming de rigueur among big-ticket second-home developments.
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