Housing Starts in U.S. Grew More Than Forecast
Housing starts in the U.S. increased more than forecast in May, led by a jump in the West as other parts of the country languished.
Read more on Bloomberg
Housing Starts in U.S. Grew More Than Forecast
Housing starts in the U.S. increased more than forecast in May, led by a jump in the West as other parts of the country languished.
Read more on Bloomberg
Jersey Shore home within reach of more people
Four years after the U.S. housing market started its precipitous decline, the bar has been lowered for those hoping to purchase a home along the Jersey Shore. With prices down anywhere from 15 percent to 40 percent, real estate agents say retirees and the wealthy are often giving way to younger homebuyers and the middle class.
Read more on AP via Yahoo! News
More BTO flats in the market
The Urban Redevelopment Authority (URA) has said 68,887 homes in the private housing market are in the pipeline. -tabla!
Read more on AsiaOne
Many more distressed property auctions to be held
Distressed property auctions are to become the norm in post Celtic Tiger Ireland according to the trend-setting British auction house responsible for the country’s first fire sale.
Read more on Irish Central
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Robert Shiller Sees More Housing Pain Ahead
The Yale economist who called the housing bubble says foreclosure-gate is sapping confidence and more home price declines are likely.
Read more on Kiplinger.com
Vanke sales more than double
China’s largest listed property developer Vanke made a monthly sales record of 14.2 billion yuan ($22.1 billion) in September, 160 percent up from a year ago, according to its statement filed with Shenzhen Stock Exchange.
Read more on People’s Daily
Housing Finance of Kenya Gets 40% More Bids for Bonds Than Amount Offered
Housing Finance Ltd. , Kenya’s only publicly traded mortgage lender, said it received bids for 40 percent more bonds than the 5 billion shillings ($62 million) offered in a sale last month.
Read more on Bloomberg
Housing slightly more affordable
Housing affordability improved slightly in the latest quarter due to a small rise in earnings and small fall in interest rates, a regular Massey University report shows. read more
Read more on Otago Daily Times
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