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Compared to Q2 2011, prices dropped by 10.2% for apartments, 6.4% for houses, 10.8% for retail, 9.0% for office, and 12.0% for warehouses.

RICS Cyprus Property Price Index has recorded significant falls across Cyprus’ major urban areas, with prices and rents falling across all districts, according to the results of the eleventh publication of RICS published today.

Prime central London property prices continue to rise

Residential property prices in prime central London hit a new high in July, but the pace of growth is slowing, according to the latest Knight Frank report.

Distressed property 'to outstrip demand' in Spain

The number of distressed real estate assets coming on to the market in Spain during the third quarter of this year is expected to exceed demand.

Survey Shows Northridge Real Estate Agents Are Unresponsive. Residents Are Calling It an Epidemic.

Red Blue Realty surveys Northridge residents only to find a large group of people who simply cannot reach their Northridge real estate agents. For those who are trying to buy or sell real estate, to have an agent not pick up their cell phone is not only a common complaint but is representative of a serious problem. After all, good communication between an agent and their client is crucial for a successful property transaction.

Property firms look to year ahead

New Zealand Herald 06.08.2012
Rebuilding in Christchurch is slow to get started. Photo / APN

Most of the listed property companies and trusts trading on NZX are about to issue guidance on the year ahead when they hold annual meetings or release full-year results this month.

Shanghai Real Estate Market Makes A Comeback

The rich Shanghai real estate market is staging a comeback, putting another chip in the armor of the hard landing theorists as China’s economy continues to muddle through, rather than deteriorate.

Residential Property as an Investment

Jakatar Globe 31.07.2012
The point is that you need to think carefully about your personal situation: how will I be placed if house prices rocket or crash? How will I be placed if interest rates rise on the mortgage? How will I be placed if I lose my job or if the house is damaged by a flood?

Traditionally, a residential property has been viewed as somewhere to live more than an investment. In fact, it is all too easy to underestimate the huge impact that residential property can have on your finances and wealth. Some hypothetical scenarios will illustrate that house owners are continuously making investment decisions – perhaps without even realizing.

Dubai property market shrinks as Iranian investors quit

Iranian investment in the Dubai property market slipped by nearly a quarter to Dh1.5 billion (US$408.3 million) in the first six months of the year from a year earlier as sanctions squeeze buyers.

BBVA’s presence in growth markets such as Mexico, Colombia and Turkey help it to better withstand plunging earnings in Spain, where lending and deposits are shrinking as the country’s recession deepens. Photographer: Angel Navarrete/Bloomberg

Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s second-biggest bank, said profit slumped 58 percent in the three months through June as it complied with government orders to take losses on real estate.

Abu Dhabi property prices to drop further this year

Property prices in Abu Dhabi are set to fall further as 11,000 apartments and villas are completed before the end of the year.

Property prices in Mumbai set to increase 20%

Mumbai home prices could rise by 15 to 20 per cent every year over the next five years due to heavy demand from buyers, shows a new study by a unit of ICICI Home Finance.

Unfinished homes sit empty on an abandoned housing development in Keshcarrigan, Ireland. Photographer: Aidan Crawley/Bloomberg

Ireland is opting for bulldozers rather than bankers as it starts to clear the legacy of the housing boom whose collapse brought the economy to its knees.

Singapore home prices continue to defy expectations

Will home prices ever fall in Singapore? It did marginally in the first quarter by 0.1 per cent after the Additional Buyer’s Stamp Duty (ABSD) was introduced in December last year. However, the property market has since rebounded inching up 0.4 per cent in the second quarter to reach an all-time high of 206.9 points.

Prime Property in World's Key Cities Enjoy Strongest Growth Since 2010, Bangkok Leading The Way

According to London-based Knight Frank's second quarter 2012 Prime Global Cities Index, top tier properties located in top tier cities around the world are rising in value, despite a global economic slowdown.

Happy Land-Buying Days Return to Beijing

World Property Chennel 28.07.2012
House price divide creates 'two-speed' property market as London continues to see values surge

Property prices in London and the South East continue to outperform other parts of the country figures show, creating a 'two-speed' housing market.

Happy Land-Buying Days Return to Beijing

Homes sales are up in Beijing more than a year after the government imposed tough regulations on property sales.

Jones Lang LaSalle acquires Singapore’s Credo

Jones Lang LaSalle has acquired Credo Real Estate, a Singapore-based independent real estate advisory firm that specialises in collective sale, the firm said in a statement.

Mori Trust Co. President and Chief Executive Officer Akira Mori. Photographer: Akio Kon/ Bloomberg

Billionaire Akira Mori, the owner of Japan’s most profitable closely held developer, said he has formed a company to invest in China and advise Japanese companies on expanding there.

 
Upbeat homeowners expect property prices to rise despite gloomy economic outlook

More homeowners expect property prices to rise rather than fall in the coming year, two separate studies have found, despite house sales stuttering and the dour economic outlook.

 
 

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