The development of real estate in China has good prospects in the long run despite the sluggish demand, an expert from the National Development and Reform Commission (NDRC) said on Sunday.
“The development of the real estate has good prospects in a relatively long term. After rational adjustment, it will show a more sound development trend,” [...]

As house prices continue dropping and transaction levels reach a new low, financial solutions company ThinkMoney.com welcomes the recent falls in fixed-rate mortgage rates.
Recently, falls in the cost of wholesale funding have allowed lenders such as HBOS, HSBC, RBS and Woolwich to reduce their mortgage rates, reports Times Online. These cuts may not be not [...]

Letting agents and landlords in the Essex area are struggling to keep up with demand for rental accommodation, it has been claimed.
According to David Lancaster at the Chelmsford branch of estate agent Savills, among the most in demand properties are family-sized townhouses and cottages in areas within easy commuting distance of London.
Such is the level [...]

A new Dubai Bank office under construction in Airport Road, Abu Dhabi. Andre Forget / The National
Commercial property transactions more than doubled in the UAE in the first half of this year, making it one of the fastest growing markets in the world at a time when sales collapsed elsewhere, according to a new report.
Real [...]

Weighed down by the credit crunch and high inflation, the global house price boom has ended, according to our latest survey of house price indicators.
Only 13 countries in which dwelling price indices are regularly published saw prices rise during the year to end Q1 2008, while 21 countries saw dwelling prices fall in real terms, [...]

BLV Group CEO Raheem Brennerman laughs when asked about the perception that the only people buying luxury homes in London these days are from Russia, India and the Middle East.
“Let’s not get confused about that,” he said. “That is the market.”
BLV is developing 3-10 Grosvenor Crescent, a collection of 14 residential units in the heart [...]

Canada’s housing market lost some steam in July as the fevered pace of new home and condo construction cooled, especially in Ontario, after prices rose at their slowest pace in over six years in June in the face of sharply slower economic growth.
Canada’s national economy “is flat on its back” after two straight monthly declines [...]

Although the number of residential properties on the market has decreased slightly over the past year, the Ottawa Real Estate Board says prices remain strong.
Members of the board sold 1,390 residential properties in July through the board’s Multiple Listing Service system compared with 1,451 in July 2007, a decrease of 4.2 per cent. There were [...]

It’s become a well-known fact that the traditional fly-to-let’ rental market in Spain is suffering from over saturation.
Coastal resorts are certainly as popular as ever, with Spain remaining one of the top holiday hotspots with British and European tourists, but when a situation of over supply hits the holiday property market it certainly makes it [...]

Goa has always been a popular tourist destination in India with a strong local market demand where more small developments are required. Long gone are the days where holiday makers would simply want to check-in to hotels; now the demand is for local gated communities.
One of the developments being sought after by investors is the [...]