Favorable conditions increase investor interest in Dubai
New Delhi (India): In less than 40 years, Dubai has transformed from a local trading community into one of the most inspirational, exciting and successful cities in the world. It… Read more »
Category: World
Australian new home sales edge up in December
BY: Wayne Cole SYDNEY: Sales of new homes in Australia edged higher in December, a solid result given it built upon a sharp rebound the month before, an industry survey… Read more »
Britain too dependent on large housing developers: Gavin Barwell
By: William James LONDON: Britain’s housing market is too dependent on large homebuilders, housing minister Gavin Barwell said, speaking ahead of the launch of the government’s latest attempt to fix… Read more »
Australia’s home market boom may be starting to crumble as buyers hold back
By: Jonathan Barrett | Byron Kaye SYDNEY: After a long pause, the auctioneer commissioned to sell a northern Sydney beach-side apartment for in excess of A$800,000 ($614,391) puts his gavel… Read more »
Dubai developer Emaar to collect $332 million from insurer for high-rise fire
DUBAI: The developer of the world’s tallest building says it will collect $332.4 million from its insurer to cover damage sustained during a dramatic New Year’s Eve fire at one… Read more »
US construction activity slips 0.2 % in December
WASHINGTON: U.S. builders trimmed spending slightly in December as a gain in private projects was offset by a big drop in spending on government projects. The Commerce Department says construction… Read more »
UK house price growth weakest since November 2015: Nationwide
By: David Milliken LONDON: Annual house price inflation fell to its weakest level since November 2015 last month, and the outlook remains clouded due to uncertain economic prospects, mortgage lender… Read more »
Chinese firms are in a mad rush to buy business and land in Pakistan. Read why
KARACHI: Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing… Read more »
Norway’s January housing prices rise 12.4% year-on-year
BY: Camilla Knudsen OSLO: Norwegian seasonally adjusted housing prices rose by 0.6 percent to a new record level in January from December, a real estate industry association said on Friday…. Read more »
U.S. pending home sales jump in December
By: Lucia Mutikani WASHINGTON: U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained… Read more »