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Billionaire Row"s Condos See Price Hikes Despite Ultra-Luxury Sales Declining

Billionaire Row"s Condos See Price Hikes Despite Ultra-Luxury Sales Declining.....»»

Category: blogSource: zerohedgeJul 18th, 2019

Wells Fargo Likes Altria"s Move To Counter Declining Cigarette Sales With Price Hikes

Wells Fargo likes Altria Group Inc (NYSE: MO)’s willingness to use price increases to offset pressure from declining volume in cig.....»»

Category: blogSource: benzingaJun 17th, 2019

A Manhattan penthouse faces reality, cuts price to $62 million

The developers of one of Manhattan’s most expensive condos say they’re facing reality. Citing a slowing ultra-luxury market—and buyer demand for bargains—developers of a triplex penthouse near... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 5th, 2018

Dream Getaways: Brazilian billionaire launches sales of second Miami Beach condo project (Renderings)

Editor's note: As winter deepens (literally), the Business Journal gives you Dream Getaways, a look at luxury properties in areas around the country where Minnesotans might like to spend time in the winter, either to play in the sun or the snow. This .....»»

Category: topSource: bizjournalsJan 16th, 2020

Median price of Kauai condominiums jumps 23% in 2019

The median price of a condominium on Kauai jumped by more than 20% in 2019 as sales of both condos and single-family homes declined when compared with 2018, while the median price of a single-family home on the Garden Isle rose 14% in December, acc.....»»

Category: topSource: bizjournalsJan 6th, 2020

How one historical NYC building is setting new price records

New York's luxury real estate market has been declining for two years, but one building is setting new price records. CNBC's Robert Frank reports......»»

Category: realestateSource: cnbcDec 19th, 2019

Sales of luxury homes on Oahu rise in October as median price declines

Oahu’s luxury home market saw a small increase in sales in October, compared to a year ago, but the median price for homes selling or $1.5 million or more declined by 4%, according to a report by Coldwell Banker Pacific Properties. There were a t.....»»

Category: topSource: bizjournalsNov 25th, 2019

Tough times on luxury lane: How Atherton"s double-digit home price drop compares to other affluent neighborhoods

The U.S. housing market rebounded in August with a surge in existing home sales and building permits to add new inventory. Too bad the acceleration stopped just short of America's wealthiest neighborhoods. A Business Journals analysis of nearly 16,000.....»»

Category: topSource: bizjournalsOct 22nd, 2019

Exclusive: With $30 million in condos reserved, Kolter opens sales gallery for new 22-story tower (New renderings)

Kolter Group has officially opened a sales gallery for the 22-story Hyde Park House, a luxury condo tower on Bayshore Boulevard. The new sales gallery is at 142 W. Platt St., offering a scale model, a designer kitchen fitted with the appliances and fi.....»»

Category: topSource: bizjournalsOct 1st, 2019

Luxury home sales on Oahu drop 20% in August

The number of luxury homes sold on Oahu declined by 20% in August, but the median price of those single-family homes and condominiums that sold for $1.5 million or more rose by 13% from the same month last year, according to a report from Coldwell B.....»»

Category: topSource: bizjournalsSep 20th, 2019

New ultra-luxury hotel is now open in Waikiki

ESPACIO, The Jewel of Waikiki, the ultra-luxury hotel that made national headlines for its $5,000 nightly price, opened over the weekend following a $50 million renovation. In a release, the hotel said that it expects to attract “elite travelers, ce.....»»

Category: topSource: bizjournalsSep 9th, 2019

Oahu home sales decline, prices mixed, over 12 months ending in August

Sales of single-family homes and condominiums on Oahu declined by 8% over the last 12 months as median prices were mixed, with single-family homes rising by 2% and condos declining by 2%, according to a report by Honolulu real estate firm Location.....»»

Category: topSource: bizjournalsSep 5th, 2019

Luxury home sales on Oahu rebound in July after sluggish start

Oahu’s luxury home market saw an 11% increase in sales last month, compared to July of last year, and the median price of all single-family homes and condominiums selling for $1.5 million or more rose by 2%, according to a report from Coldwell Ban.....»»

Category: topSource: bizjournalsAug 14th, 2019

GM faces declining sales and price wars in largest markets

General Motors Co's investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings......»»

Category: topSource: reutersJul 31st, 2019

Procter & Gamble sales, profit beat expectations; shares rise

Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, boosted by price hikes and strong demand for its beauty products such as SK-II and Olay, sending its shares up about 4% before the opening bell......»»

Category: topSource: reutersJul 30th, 2019

Hershey"s tepid annual forecast overshadows quarterly profit beat

Chocolate maker Hershey Co said on Thursday its new price hikes would not add to its profit and sales in the remaining two quarters and gave a dull full-year forecast, sending its shares down as much as 5%......»»

Category: topSource: reutersJul 25th, 2019

P&G beats profit, sales estimates with price hikes

Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar......»»

Category: topSource: reutersApr 23rd, 2019

U.S. home sales tumble as supply constraints linger

U.S. home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated by a lack of properties, especially in the lower-priced segment of the market......»»

Category: topSource: reutersApr 22nd, 2019

U.S. existing home sales fall more than expected in March

U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains......»»

Category: topSource: reutersApr 22nd, 2019

Daimler: Mercedes sells more than 600 Maybach models a month in China

Daimler's China chief said sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world's biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach......»»

Category: topSource: reutersApr 16th, 2019

Apple Hopes Price Cuts Will Reverse Slide in China. But Are They Enough?

China is critical to Apple's future. But it's facing stiff competition. Apple has a China problem: sharply declining sales in what is a critical market. But now, thanks to a change in regulations by Chin.....»»

Category: europeSource: fortuneApr 5th, 2019