
CNBC Wealth Editor Robert Frank and Brown Harris Stevens CEO Bess Freedman discuss midterm election effects on the real estate market
AI-generated summary
Democrats achieved decisive midterm wins, which are already affecting the economy and markets, especially real estate. CNBC is hosting a livestream discussion about these impacts.
Join CNBC Wealth Editor Robert Frank on Thursday, Nov. 5, for a live, interactive discussion about how the "blue wave" may affect your life, wealth and real estate.
Democrats' decisive midterm wins are already making an impact on the economy and the markets — especially on real estate. Bess Freedman, the CEO of Brown Harris Stevens, oversees more than 2,300 real estate agents across New York, Connecticut, New Jersey, and Florida. The New York Times called her "one of the highest-ranking women in real estate."
From interest rates and affordability to wealth migration and luxury listings, Freedman and Frank will talk about the future of the market and the single largest asset for many families.
You're invited to be part of the conversation. The livestream starts right here at 9:30 a.m. ET on Thursday, and is available to watch with a CNBC account. Be sure to log into CNBC.com and join us!
The Calabria Region launches the 'Ripopola Calabria' project, offering renovated accommodation on ten-year loan to those who move from outside the region. The initiative aims to combat the depopulation of the villages with an investment of 20 million euros.

The Hainan Provincial Department of Housing and Urban-Rural Development and other three departments issued new regulations to refine the management of existing housing sales of commercial housing, clarifying that new land transfer projects after August 28, 2026 will implement existing housing sales, and implement the "handover certificate", deposit supervision and project sponsoring bank system, and also introduce support policies such as installment payment of land transfer fees.
The Beijing Municipal Housing and Urban-Rural Development Commission released the "Beijing Housing Development Plan for the 15th Five-Year Plan Period", proposing to achieve the transformation from "living in a place to live" to "living in a livable place" by 2030, focusing on supporting rigid needs and improved housing needs, and promoting green smart buildings and housing life cycle management systems.

Urban transformation, which accelerated with the 'Half of It is on Us Campaign' in Avcılar, caused the population and the number of school students to decrease with the demolition of buildings. Authorities state that this situation is temporary and necessary for life safety.

In view of increased vacancies and changed working models after the corona pandemic, companies and landlords are increasingly converting office space during ongoing operations. This saves expensive alternative space, but requires complex planning and close employee involvement.

Kaohsiung reported 1,624 building starts in October, an annual increase of 118.57%. Total sales are estimated to be 21.885 billion yuan, of which 2 to 3 rooms are the main supply. However, the cumulative construction volume in the first 10 months of this year was still 7.6% lower than the same period last year, and the throughput supply was significantly reduced.