Real Estate News
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Sales of previously owned U.S. homes rose in January to the highest level since May 2010 as investors took advantage of lower prices to buy distressed properties.
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Toll Brothers Inc., the largest U.S. luxury-home builder, fell the most in three weeks after reporting a surprise first-quarter loss as revenue declined and expenses increased.
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Wall Street is scouring the U.S. for grocery stores as bankers are pushed out of lending to trophy office properties.
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Vail Resorts Inc. agreed to buy Kirkwood Mountain Resort in Lake Tahoe, California, along with adjoining development sites for about $18 million.