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

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.....»»

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.....»»

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.....»»

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.....»»

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.....»»

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.....»»

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.....»»

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......»»

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......»»

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%......»»

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......»»

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......»»

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......»»

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......»»

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.....»»

Without Ken Griffin's real estate deal, the average sales price in the first quarter would have been $2,006,952, said Jonathan Miller, CEO of appraisal and research firm Miller Samuel......»»

Clayton Katz brought in $38.35 million in sales at an average sales price of $2.55 million......»»

BMW India, after years of decline sold 9,800 units, up 25 per cent over last year in calendar year 2017.....»»

New condos that start in the mid-$200,000s are unheard of in Seattle. The median sales price in this part of town hit $600,000 last month, up 26 percent from April 2017, according to the Northwest Multiple Listing Service......»»

The 618-foot tall Avery residential tower designed by Rem Koolhaus' OMA will bring more luxury condos at a time when new condo inventory is plunging in San Francisco......»»