Real estate News

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More bad news expected for Chinese real estate ...
A government rescue plan, which focuses on low-income housing, is not expected to help major developers who had profited before China's real estate bubble burst.

Source: International Herald Tribune (Thu, 04 Dec 2008 00:30:52 GMT)
Rate cut great news: real estate agents ...
Real estate experts believe the official cash rate cut of 1.5 percent will prevent house sales falling any further but warn the full effects will take a long time to trickle down into the sector.

Source: Stuff (Wed, 03 Dec 2008 21:32:27 GMT)
Report: Real Estate sales and prices dropping ...
Bad news for home sellers, good news for home buyers. The latest numbers from the Real Estate Board of Greater Vancouver show nearly 2,000 fewer sales in November, nearly a 70% drop from November 2007 ...

Source: News 1130 (Wed, 03 Dec 2008 00:21:13 GMT)
Real estate market set for a boom ...
The Tamworth real estate market is set for a massive boom, after the Reserve Bank?s announcement that it would cut interest rates by one percentage point. The announcement comes as great news to Tamworth residents, with prospective home buyers as well as those paying existing home loans set to save large amounts of money.

Source: Northern Daily Leader (Tue, 02 Dec 2008 22:48:09 GMT)
AFX UK Focus) 2008-12-04 05:29 China's CIC appoints real estate fund head...
HONG KONG, Dec 4 (Reuters) - China Investment Corp, the country's sovereign wealth fund, has hired former managing director of Starr International as its head of real estate investment funds, said sources briefed on the appointment. Collin Lau, a former Hong Kong-based managing director in charge of private equity funds for Starr Interntional, an investment firm owned by Maurice "Hank" ...

Source: Interactive Investor (Thu, 04 Dec 2008 05:33:51 GMT)
Dubai real estate still set for solid growth ...
Dubai: The future of Dubai and UAE real estate will be more successful and solid than in previous years, due to lessons learned during the economic crash.

Source: Zawya (Thu, 04 Dec 2008 04:40:35 GMT)
Metro Vancouver real-estate sales volumes fall in November ...
There?s more evidence of a slowing housing market in Metro Vancouver. Today, the Real Estate Board of Greater Vancouver reported in a news release that the volume of residential property sal

Source: The Georgia Straight (Tue, 02 Dec 2008 18:32:54 GMT)
City Center busy despite downturn in real estate, retail markets ...
Most of the current space is leased, and the developer plans to expand the Oyster Point complex. ? For some, City Center, the 52-acre mixed-use development at Oyster Point, exemplifies a lot that's wrong with Newport News: the city's high debt, spending, taxes and real estate assessments.

Source: Daily Press (Tue, 02 Dec 2008 09:27:31 GMT)
Report: Kuwait Stock Exchange enlisted real estate companies' loans amoun to...
Report: Kuwait Stock Exchange enlisted real estate companies' loans amoun to KD1.6b

Source: MENAFN (Wed, 03 Dec 2008 15:03:43 GMT)
Real estate slump helps end Martin County's legal battle against Port St. Lucie...
The declining real estate market helped end the dispute between Martin County and Port St. Lucie over who should pay for new roads, boat ramps and beach accesses in Martin County to serve new Port St. Lucie residents, several city and county officials said Tuesday.

Source: Sun-Sentinel (Wed, 03 Dec 2008 13:02:40 GMT)
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