New output numbers released Tuesday show the economy is still contracting but the recession may be abating.

Opus East LLC and Opus West Corp. officials said late Wednesday afternoon that the companies will file for bankruptcy protection.

A man is due in court Thursday, accused of letting a once beautiful Sandy Springs home turn to ruins.

Manhattan apartment sales plunged more than 50 percent and the average price dropped 21.4 to 24 percent from a year ago, as the U.S. recession forced many who own a piece of the Big Apple to eat humble pie, several reports said.

A federal agency has filed a lawsuit against shopping mall owner Simon Property Group Inc., alleging it discriminated against Hispanic employees at its Forum Shops at Caesars on the Las Vegas Strip.

A Phoenix home that famed architect Frank Lloyd Wright designed for his son has been sold for $2.8 million.

Fitch Ratings on Wednesday raised the investment-grade ratings of Ventas Inc., citing steps the real estate investment trust has recently taken to shore up its capital position.

Pending home sales rose in May for the fourth straight month, spurred by low prices and a first-time homebuyers tax credit, fresh evidence that the housing sector may be recovering.

Apollo Funding & Realty violated real estate law by taking advanced fees, according to the California Department of Real Estate.

MONTH surge in Melbourne house prices has undone the damage to the property market wrought by the global financial crisis, pushing the median house price to $469,357 and the median unit price to $377,077 a ' both record highs.

HRPT Properties Trust today announced the appointment of Jan S. Yokota as Vice President, Pacific Region effective July 15, 2009.

Jackson-based Parkway Properties Inc. has been named one of the 25 Best Medium Companies to work for.

JEFFERSON CITY, Mo. - Fewer people in Missouri alleged malpractice by their real estate agent last year.

Canadaa TMs economy shrank in April for the ninth consecutive month as the country slipped further into recession.

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Connecticut sales of foreclosed houses comprise a greater share of home sales than a year ago, dampening demand for other dwellings in May, The Warren Group said today.

Steve Allain has his answer, and ita s not the one he would have preferred. Allain is the 54-year-old Niles man who, in a Tribune story last month, acknowledged he uses marijuana to help him deal with Crohna s disease, hepatitis C and acute depression.

Real estate investment trust HCP Inc. said Monday it filed complaints against Sunrise Senior Living Inc.

If you feel you're ready to make the plunge into real estate, the first thing you need to do is get preapproved.

Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it's giving investors to decide on the maximum tender offer.