PropertyO News
House prices, Jan 2009
Brazil is booming
With the US and Europe in major economic downturns, Brazil is simply booming - interest rates are at an all-time low, inflation is stable and employment levels are rising at an unprecedented rate, encouraging a mass influx of foreign investment...
Fri, Jan 30, 2009
Foreclosures: the new market?
Whilst property prices may be spiraling downwards in the Golden state of California, sale levels are on the up, with mounting foreclosures beginning to energize bargain-hunting buyers...
Fri, Jan 30, 2009
Obama to keep fighting
U.S. President Barack Obama says he hopes an economic stimulus plan passed by the House of Representatives can be improved before he has a chance to sign it into law...
Fri, Jan 30, 2009
Nz banks cut mortgage rates
Now is the time to buy, a vendor of New Zealand home mortgage finance said as Kiwibank and Westpac led the latest round of mortgage rate cuts...
Fri, Jan 30, 2009
Beijing: easier for buyers
In an attempt to boost the property market, Beijing is reportedly moving to ease restrictions on international buyers...
Fri, Jan 30, 2009
Irish property guide published
The latest annual survey by The Sunday Times newspaper has revealed that property prices considered achievable by estate agents has actually dropped by as much as 30 per cent in some cases, with the average price of property dropping by 20 per cent in a year...
Fri, Jan 30, 2009
Distress to impress
Distressed selling - an urgent sale of assets due to negative market conditions - will ironically ensure that 2009 is a positive year for investors in the GCC and around the world, said senior executives at United States investment bank Morgan Stanley, which manages assets worth billions of dollars in the Gulf...
Thu, Jan 29, 2009
Dubai prices to fall 20 per cent?
Real estate prices in Dubai could fall another 20 per cent according to the boss of the emirate's largest property developer...
Thu, Jan 29, 2009
Is china breakable?
Foreign direct investment into China has declined rapidly following a bumper year in 2008 and this trend looks set to continue for the foreseeable future...
Wed, Jan 28, 2009
Clamp down on bank's fees
New Zealand Labour leader Phil Goff is calling on the Government to clamp down on banks charging exorbitant fees to people wanting to break their mortgages due to hardship...
Wed, Jan 28, 2009