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CNBC - Real Estate

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CNBC - Real Estate

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Investment in Europe's real estate sector is recovering at pace following years of subdued activity, according to new research from commercial property group CBRE.
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Home sales in March were weaker than expected, due to higher mortgage rates and concern over the broader economy.
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Mortgage demand continues to drop as mortgage rates climb to a 2-month high. Refinance demand is hit the most, while homebuyers face economic uncertainty.
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The four-floor listing at 111 West 57th St. spans 11,480 square feet and is being pitched as a rare collector’s item for global elites.
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Mortgage rates moved sharply higher last week, causing a drop in mortgage demand and a surge in homebuyers seeking riskier loans.
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