Perry Wong, managing director of research at the Milken Institute, discusses its report “Best-performing cities China 2023–2024: the nation’s most successful economies,” including the underperforming ones, saying “debt is not the most severe factor.”
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China’s troubled housing market could see prolonged softness, as a slew of government stimulus and supportive measures have not been “satisfactory.”
Buyers failed to bite this summer despite falling mortgage rates. It has agents about as down on their business prospects as they’ve been all year heading into the NAR settlement era, according to Intel’s Client Pipeline Tracker.
The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether listing agents can mention buyer’s agent compensation in the private remarks on the MLS.