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Facebook parent Meta Platforms Inc. is giving up some offices at Manhattan’s Hudson Yards as the company seeks to slash expenses and cull its workforce.
Airbnb Inc. has enlisted Greystar and other landlords to list rental properties that are also eligible for short-term stays in a bid to attract tenants who wish to become hosts themselves.
US pending home sales fell for a fifth month in October as demand continued to sag under the weight of high mortgage rates.
Europe’s biggest public landlords are planning a swathe of major asset sales as they look to slash debt in the face of rising rates. Their timing could hardly be worse.
US mortgage rates declined last week to the lowest level in more than two months, extending a recent plunge that is providing modest relief to a weakened housing market.
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