OSLO: Norwegian seasonally adjusted housing prices rose by 0.3 percent in March compared to February, a real estate industry association said on Wednesday. On a year-on-year basis, prices rose by… Read more »
By: Vera Eckert FRANKFURT: German real estate firm Alstria Office Reit plans to double its portfolio to six billion euros ($6.4 billion), its chief financial officer Alexander Dexne said in… Read more »
By: Jamie Freed SYDNEY: Recent increases in home loan rates by Australia’s major banks should help cool growth in lending to more vulnerable buyers, but banks still face risks from… Read more »
BEIJING: Moody’s Investors Service warned on Wednesday that the financial risks facing China from a potential property downturn have grown as record lending has made banks more risk-prone while the… Read more »
NEW YORK: With a skyline crowded with ever-more luxury towers, the construction of another Manhattan skyscraper wouldn’t normally be remarkable. But the American Copper Buildings going up on the East… Read more »
BEIJING: Beijing’s land authority said it has banned the registration of “abnormally-shaped” residential spaces, such as extremely small rooms, passageways or garages, effectively blocking the sale of such properties. Those… Read more »
NEW YORK: Movie icon Greta Garbo’s New York City apartment has been placed on the market for just under USD 6 million. The ‘Camille’ star lived in the luxury seven-room… Read more »
DUBAI: Indians have emerged the top foreign property investors in Dubai, spending over USD 3.2 billion last year alone, according to the Dubai Land Department. The total real estate investments… Read more »
By: Lucia Mutikani WASHINGTON: New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage… Read more »
By: Lucia Mutikani WASHINGTON: U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining potential… Read more »