In 2015, sales from mobile devices in the U.S. increased by 56 percent to $49.2 billion, doubling the growth in 2014. Desktop sales totaled $256.1 billion in 2015 but annual growth dropped to 8.1 percent from 12.5 percent in the … Continue reading →
About 1,000 malls in the US (around 15 percent) should either close down or be re-purposed into a non-retail use over the next 10 years,
Continue reading →Vancouver-based Lululemon Athletica Inc. reported better than expected numbers for last quarter, according to Bloomberg. Sales increased by 17 percent to $704.3 million, compared with analysts’ projection of $693.1 million. Goldstein’s new analysis on the consequences of seat viagra uk … Continue reading →
The median US home value dropped by three percent from January 2008 ($189,200) to December 2015 ($183,500),
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Sales of new US homes increased by 10.8 percent (the most since August 2014) in December to 544,000 at an annualized pace,
Continue reading →Macy’s Inc. plans to close 36 stores and cut about 3,000 jobs in an effort to save $400 million in annual costs, according to MarketWatch. The 36 stores, along with four other locations that were closed in 2015, account for … Continue reading →
Foreign purchases of US real estate totaled $87.3 billion in completed deals for 2015, according to Bloomberg (citing data from Real Capital Analytics Inc.). Manhattan captured 27 percent of this amount ($23.5 billion). According to the 24th annual survey by … Continue reading →
This week, the US House of Representatives approved legislation that would remove the tax benefits of spinning off corporate real estate into separate, publicly traded real estate investment trusts (REITs). Ending such spin-offs is expected to generate $1.9 billion in … Continue reading →
In the year ended in March, Chinese buyers spent $28.6 billion on homes in the US – more than double their purchases two years before,
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