In 2009, no less than five cities were forward of Bengaluru—India's technology heartland—on the list of the nation's top actual estate markets.

Throughout Macy's first quarter earnings name on May 13, Chief Monetary Officer Karen Hoguet addressed the corporate's actual estate technique, suggesting that some estimates valuing its property have been executed "over simplistically." According to its final annual report, Macy's property has a book value of $7.8 billion.

New listings additionally fell, down 26.7 per cent to 3,161. After getting his PhD, Saiz was employed in 2003 as an assistant professor at the University of Pennsylvania's Wharton School