U.S. homebuilders are feeling slightly less optimistic about their sales prospects, even as their overall outlook remains favorable. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday… Read more »
By: Engen Than SHANGHAI: China plans to build two million units of public rental housing this year to provide affordable homes for low-income groups, the official Xinhua news agency said… Read more »
By: Arunima Banerjee | Sweta Singh BENGALURU: Fears that higher home mortgage rates this year will keep buyers away and hit home sales could be overblown. While interest rates are… Read more »
TIRANA (ALBANIA): Albania’s parliament has given its approval for negotiations with a Dubai company to build a 350-meter (1,148-foot) -tall tower in the capital, Tirana. The parliament’s vote Thursday didn’t… Read more »
By: Yawen Chen | Nicholas Heath BEIJING: At least twelve major Chinese cities are requiring newly bought homes to be held for at least two to three years before they… Read more »
By: Stanley Carvalho ABU DHABI: Low oil prices and a sluggish economy hit Abu Dhabi’s property market in the first quarter of 2017, property specialists Chestertons said on Wednesday. Its… Read more »
By: Leah Schnurr OTTAWA: Canadian housing starts jumped far more than expected in March, data from the Canada Mortgage and Housing Corporation showed on Monday in a report that suggested… Read more »
By: Rod Nickel WINNIPEG (MANITOBA): Canada’s farmland gained value last year, extending a 23-year streak, but the rate of growth dipped to a six-year low and is likely to slow… Read more »
By: Tom Westbrook SYDNEY: Blackstone Group has put an A$3.5 billion ($2.65 billion) shopping mall portfolio in Australia up for sale, said a source familiar with the matter, in what… Read more »
By: Lusha Zhang | Elias Glenn BEIJING: China’s housing ministry has called on cities with large unsold housing inventories to reduce or suspend land supply for residential housing. The notice… Read more »