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Ontario suffers tax rise

About one in five new homes built in Ontario will see a six per cent price increase next year because of the provincial Government's plan to merge the provincial sales tax and GST, says Mike Collins-Williams, Policy Director for the Ontario Home Builders' Association...

Wed, Apr 01, 2009

Nz: price-fixing warning

The Commerce Commission has warned Christchurch real estate co-operative the Real Estate Network Ltd (REN) that its members risk breaching the Commerce Act for price fixing...

Wed, Apr 01, 2009

Cartier bling in middle east

The opening of Cartier's Dubai Mall boutique last week attracted local celebrities as well as Slumdog Millionaire star Anil Kapoor and Italian actress Monica Bellucci...

Wed, Apr 01, 2009

Changes to jo'burg's airport

Airports Company South Africa (ACSA) is following the lead of other international airports by making the terminals at Johannesburg's OR Tambo International Airport multi-use, so that they can process both international and domestic flights interchangeably...

Wed, Apr 01, 2009

How do you spell millionaire?

It may seem like an inauspicious time to be selling the most expensive home in the US, but that hasn't put Candy Spelling, wife of the late TV producer Aaron Spelling, from putting her Holmby Hills mansion up for sale for an eye-watering £105 million...

Tue, Mar 31, 2009

Artificial depression

We all know that the US property market is in a state right now (no pun intended) so news that an increasingly popular way of valuing properties could in fact be damaging real estate prices is generating much concern...

Tue, Mar 31, 2009

Safe as houses

Vacant houses can be a magnet for squatters, vandals and thieves, so in a bid to combat this, a pilot scheme between police and Housing New Zealand has been launched in the country, in which ‘house guardians' are assigned an empty property on a street near their house and given duties such as emptying the mailbox...

Tue, Mar 31, 2009

Chinese on us ‘buying holidays'

Wealthy Chinese property investors are taking real estate buying holidays in the US as their appetite for buying increases...

Tue, Mar 31, 2009

Gold found in rainbow nation

Property investors and bargain hunters are gathering to snap up South Africa properties at auction houses across the country, according to reports coming out of the Rainbow nation...

Tue, Mar 31, 2009

Kuwaiting for improvement

The volume of homes sold in Kuwait tumbled 35.2 per cent month on month in February, the eleventh straight month of decline, according to official Government data...

Tue, Mar 31, 2009

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