PropertyO News
Latest Property News, Dec 2009
Rba interest rates ‘back to normal'
The Reserve Bank of Australia (RBA) has announced that interest rates were back to normal stunning financial markets and prompting investors to radically scale back expectations for rate increases in 2010...
Wed, Dec 23, 2009
Damage and theft to holiday homes
Water damage, loss of rent and theft are the top three reasons for claims made on landlord insurance policies for holiday homes, according to claims data from leading landlord insurance company, Terri Scheer Insurance...
Wed, Dec 23, 2009
Sustained revival for kuwait
Private residential land prices in Kuwait are predicted to rise by up to 10% in 2010 while apartment prices could increase by up to 15% as the economy see a strong recovery, it is claimed...
Tue, Dec 22, 2009
The future of air travel: zero contact
Airlines are trying to shrug off a financially-plagued decade by promising passengers more low fares as well as a seamless, paperless and even "contact-less" travel experience, industry executives said...
Tue, Dec 22, 2009
Italian items triumph at xmas
90% of Italians will spend this Christmas at home with their families and 75% will choose products made in Italy, reports La Stampa...
Tue, Dec 22, 2009
Dubai ‘delaying uae recovery'
The recent chain of events in Dubai could delay the recovery for the United Arab Emirates real estate sector and put renewed downward pressure on property prices and rentals, it is claimed...
Tue, Dec 22, 2009
Qantas boosts brisbane services
Qantas has announced it will increase services on its domestic routes as a result of improved demand...
Tue, Dec 22, 2009
China's first 'official' gay bar opens
China's first government-backed gay bar has opened after a three-week delay sparked by intense media attention, a charity said Sunday, in a nation where homosexuality is still a sensitive subject...
Tue, Dec 22, 2009
Property bargains in spanish recession
The property bargains are likely to continue in Spain , now one of the few Eurozone countries still in recession after it emerged that the Republic of Ireland has seen a return to economic growth...
Tue, Dec 22, 2009
This week's exchange rate news
A good week for the Pound last week, particularly against the Euro, with positive data from the UK in terms of inflation and unemployment. Unfortunately against the US Dollar we saw the exchange rate fall due to the Federal Reserve raising one of its benchmark interest rates - a move which usually makes a particular economy's currency more expensive...
Mon, Dec 21, 2009