Oracle Has More Office Workers in California Than Texas After Moving Headquarters
Three years after Oracle Corp. moved its headquarters to Texas from California, Chairman Larry Ellison said he’s planning another move — this time to Nashville.
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Three years after Oracle Corp. moved its headquarters to Texas from California, Chairman Larry Ellison said he’s planning another move — this time to Nashville.
Nuveen Real Estate is seeking to sell a Miami office building located in the heart of the Brickell neighborhood with tenants including Bank of America Corp. and Apollo Global Management Inc.
WeWork Inc. and its major financial backers including SoftBank Group Corp. have struck a new restructuring deal to get the ailing workspace provider out of bankruptcy, spurning a competing financing proposal from co-founder Adam Neumann.
The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.
China Vanke Co. recorded a second consecutive quarterly loss, adding to the developer’s financial woes as it struggles with slumping sales and a cash crunch.
Apr 15, 2024
The Canadian Press
Home sales in British Columbia fell by almost 10 per cent in March compared with the same period last year, in a slowdown an analyst says could be buyers waiting for lower interest rates.
The B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5-per-cent decline from March 2023.
The overall dollar volume of home sales also fell 3.6 per cent from the same month last year, dipping to $6.6 billion.
Association chief economist Brendon Ogmundson says in a statement that potential homebuyers "appear to be waiting on the Bank of Canada to lower its policy rate."
Ogmundson says March's decline caps off a "slow start" to the first quarter of 2024 despite a "steep" drop in fixed mortgage rates.
The association says the average price of a home in B.C. on MLS did rise by 6.5 per cent from last March, reaching $1.02 million.
Overall, home sales in the province rose by 6.4 per cent in the first three months of this year, reaching almost 16,000 units.
This report by The Canadian Press was first published April 15, 2024.