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Monday, August 10, 2020
CNBC's Robert Frank reports a sharp decline in Manhattan rentals as people move away from big cities to the suburbs due to Covid-19.
House Speaker Nancy Pelosi told CNBC's Jim Cramer President Trump can and should extend the moratorium on evictions. She added the moratorium would not be enough on its own and renters and landlords alike will eventually also need money in their pockets.
The parent company of the largest mortgage lender in the United States is set to debut on the NYSE Wednesday. Rocket Companies, the parent company of Quicken Loans, is expected to price their IPO at $18, and sell 100 million shares. Dan Gilbert, founder and chairman of Rocket Companies, and Jay Farner, CEO of Rocket Companies, join "Squawk Box" to discuss.
Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer.
Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer.
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Dubai property developer Nakheel says the company has seen "impressive" levels of real estate activity in the last few months despite severe pressure brought on by the impact of the coronavirus.
Dubai property developer Nakheel says the company has seen "impressive" levels of real estate activity in the last few months despite severe pressure brought on by the impact of the coronavirus.
Jiangmen ranks as the second poorest city in the Greater Bay Area. Yet, it is rich in its own way, counting a casino tycoon, an ex-NBA star, the king of oyster sauce, and a host of Hong Kong’s film stars among its famous natives and benefactors.The city of 4.6 million people in the southernmost part of Guangdong province – about two to three hours from Hong Kong by train or ferry – thrives with millions of natives overseas, including tycoon Lui Che-woo of casino operator Galaxy Entertainment…
U.S. consumers have purchased homes at record levels as low mortgage rates encourage demand. U.S. home ownership rose to 67.9 percent in the second quarter, the highest level in more than 10 years, according to the Commerce Department. Eric Lipar, LGI Homes CEO and chairman, join "Closing Bell" to discuss. 05:06 5 minutes ago