China July new home prices rise 0.4 % m/m, 9.7 % y/y
BEIJING: Average new home prices in China’s 70 major cities rose 0.4 percent in July from the previous month, slowing from June’s 0.7 percent growth as policymakers worked to cool… Read more »
Category: World
Average US mortgage rates edge lower
WASHINGTON: Long-term U.S. mortgage rates edged lower this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages slipped to 3.89 percent from 3.90 percent last week…. Read more »
Canada home resales drop again in July: Real estate group
By: Andrea Hopkins OTTAWA: Resales of Canadian homes fell 2.1 percent in July from June, the fourth straight monthly decline, as the cooling of Toronto’s housing market continued, the Canadian… Read more »
This is the most liveable city in the world
NEW YORK: Melbourne is the most liveable city in the world, followed by Austrian capital, Vienna and Canada’s Vancouver in the second and third place respectively, reveals a survey. According… Read more »
LaSalle sets $1 billion target for pan-Asia real estate fund
By: Herbert Lash NEW YORK: LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic real estate funds, one of… Read more »
US home construction slumped in July
WASHINGTON: Homebuilders pulled back sharply on construction of apartment complexes in July, causing housing starts to tumble to a three-month low. The Commerce Department said Wednesday that housing starts fell… Read more »
UK trade minister invites Indian realtors to invest more
By: Aditi Khanna LONDON: A British minister today called on the Indian real estate sector to continue investing in the UK market, saying the two countries should further advance their… Read more »
Wanda Hotel to buy $1 billion of assets from Wang-controlled businesses
By: Donny Kwok HONG KONG: Wanda Hotel Development Co Ltd , a unit of Chinese conglomerate Dalian Wanda Group led by Wang Jianlin, said it would buy assets worth over… Read more »
Want to live like a Donald Trump? President’s boyhood home up for rent on Airbnb
NEW YORK: Want to live like a Trump? Now’s your chance: The president’s New York City boyhood home is on Airbnb. The 1940 Tudor-style house in Queens is being offered… Read more »
UK house price growth weakest in over 4 years: RICS
By: Fanny Potkin LONDON: British house prices rose at their slowest rate in over four years last month, while the number of sales slowed due to a limited supply of… Read more »