Home hunters look for gold in green

With property prices tumbling amid the current real estate crisis, home ownership is once again becoming a reality for thousands of Americans who were previously priced out of the real estate market.

0

0

Chinese policies threaten real estate sector

0

0

A mid-way point in the U.S. foreclosure crisis?

1

1

U.S. foreclosures jump 57% in 12 months

The number of U.S. homes facing foreclosure jumped 57 percent in March from the same month a year earlier to 234,685 properties nationwide, according to figures from RealtyTrac.

0

1

IMF sees 20% drop in Spanish house prices

Spanish house prices are "overvalued" by as much as 20 percent, the International Monetary Fund (IMF) states in a new report that warns that Spain will suffer more than any other European economy from the current global real estate slump.

0

0

Rush to rent as Britons turn their backs on home ownership amid property slump

The UK is losing its love affair with home ownership as falling house prices and money worries encourage people to drop off the property ladder and become renters, a new survey reveals.

0

0

Manhattan real estate bucks U.S. downturn

Real estate prices may be going into freefall in some areas of the United States, but so far Manhattan has managed to buck the national trend, with year-on-year price growth close to double digits, according to new market reports.

0

0

Jittery UK landlords head for the door

Landlords across the United Kingdom are starting to sell their properties and are heading abroad amid fears of a crash in the country's housing market, property analysts have warned.

0

0

Credit crisis unlikely to Czech real estate price growth

The crisis in international credit markets that in many countries is being interpreted as the beginning of the end of long property booms will have a limited impact on the real estate market in the Czech Republic, a senior central bank official has said.

0

0

UK house price growth continues to slow

House prices in the United Kingdom increased 0.4 percent in August as rising borrowing costs and growing affordability problems cooled demand, a new report shows. The anemic increase in prices in August marked the third month in four in which UK house prices grew by less than 0. …

0

0

Spanish housing minister downplays crisis talk

Spanish Housing Minister Carmen Chacón has confirmed that the Spanish real estate market is continuing to slow with prices likely to rise by only around 4 or 5 percent this year after climbing 5.8 percent in the first six months, the slowest pace since the start of a decade-long …

0

0

United Kingdom, Denmark, New Zealand: facing a crisis of their own?

The United States is not the only country suffering the fallout from excessive levels of debt and the end of a real estate boom - others may be in even worse shape.

0

0

End of property boom to cool Spanish growth

Spanish economic growth will contract to 1.5 percent in 2008, less than half the rate expected this year, due to the end of the country's real estate boom and a prolonged slowdown in the construction industry, analysts with German bank Commerzbank have warned.

0

0

New Zealand house prices may slow on back of 12.7% annual rise

New Zealand house prices increased 12.7 percent during the past 12 months, bringing the average home value to NZ$381,298, although property price inflation varied widely between cities and regions and showed clear signs of slowing in many areas.

0

0

Seven-year bull run on global property investment turns bearish

The seven-year bull run in global property and Real Estate Investment Trust (REIT) stocks finally stalled in the second quarter of 2007 in part due to the fall-out from the US subprime mortgage market, Standard & Poor's Index Services said in its Quarterly Global Property & REI …

1

0

Chinese real estate market sizzles despite efforts to cool price boom

House prices climbed 7.1 percent on average in 70 medium and large Chinese cities in the 12 months to June in a sign that the Beijing government's efforts to cool the country's sizzling real estate market have had limited effect.

0

0

The new potential of old Berlin

Over the last 12 months, Berlin has emerged as one of the world's property investment hotspots but what is the truth, the potential and the pitfalls of this dynamic, cultural and economic metropolis?

0

0

Canadian home prices rise at "astounding" pace

Bucking the trend in other previously booming real estate markets, Canadian house prices maintained an "astounding" pace of growth in the second quarter of 2007, according to a new report that suggests the price increases will continue for the foreseeable future.

0

0

UN warns of "inevitable" real estate crisis in Spain

Spain is facing an "inevitable" real estate crisis that will affect a large segment of the population who are struggling under mortgages they can barely afford, the United Nations top housing policy official has warned.

0

0

UK property glut slows rising house prices

London house prices rose at the slowest pace in five months in June after prices fell in more than half of the UK capital's districts in a sign that the property boom in one of the world's most expensive cities may have reached its peak.

0

0

France in line for property boom on Sarkozy victory

France's flagging real estate sector, like its economy, could turnaround over the coming years with the victory of Nicolas Sarkozy in the presidential election set to usher in a series of reforms that will benefit homeowners and property investors.

0

0

A property boom in Turkey - a done deal or a magic carpet ride?

With real estate prices past their peak in traditional investment hotspots, European investors are increasingly turning their attention to Turkey as the next country in which to buy property.

0

0