HONG KONG: China’s residential real estate slump deepened again in July despite the country’s most forceful efforts yet to support the property market.The value of new-home sales from the 100 biggest real estate companies slumped 19.7% from a year earlier to about 279 billion yuan (US$38.6bil), faster than the 17%...
BOSTON residents face a sharp increase in property taxes or risk US$400mil of budget cuts if state lawmakers reject a plan to shift the burden to commercial buildings, mayor Michelle Wu said in an interview with Bloomberg News.The proposal would allow Boston to temporarily increase the tax-rate ceiling for commercial...