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Housing associations could take 10,000 homes off the market

OPINION: With thousands of properties vacant all over the country coupled with the high demand for social housing, the Government has been provided with an opportunity, writes DONAL McMANUS

Irish commercial property market capital value plunged 42.7% in 12-months to June 2009

Ireland is once again confirmed as Europe’s hardest hit commercial property market, with a two-year peak-to-trough capital depreciation of -48.6%, according to the SCS / IPD Irish Quarterly Property Index for Q2 2009. The vast bulk of this Irish decline has come in the last year, with the 12-month change in capital growth to the end of June now -42.7%.

Smaller Thai developers improving their competitiveness

Jack Miles Property Report Asia 06.08.2009

S’pore property picking up

The Star Online 05.08.2009
Smaller Thai developers improving their competitiveness

With the current downturn making sales of property slower for all developers, smaller operators are taking steps to improve their competitiveness and to ensure their place in the market.

S’pore property picking up

New mega projects, government support to help revive sector

Fire sale could halve property prices, says Parlon

HARRY McGEE The Irish Times 04.08.2009
Fire sale could halve property prices, says Parlon

ANY SUBSTANTIAL “fire sale” of residential or commercial property could result in prices falling by 50 per cent or more, the head of the Construction Industry Federation (CIF) has claimed.

House price recovery some way off

LONDON (Reuters) - House prices in England and Wales were flat for a third consecutive month in July, causing the year-on-year decline to slow to 7.7 percent from 8.7 percent, property data company Hometrack said on Monday.

Median home price up in June - Hopes raised for comeback in S.D. housing market

San Diego County's median home price rose for the third consecutive month in June, hitting $314,250, the highest figure since October, and raising hopes that the region's slumping housing market may finally be poised for a comeback.

Real Estate List Prices Reduced By $27.1 Billion

A high percentage of home sellers are finding it necessary to reduce their asking price to attract offers. About one-fourth of homes currently on the market have had a price reduction. For more on this, see the following article from HousingWire.

Crisis hits Turkish real estate, but ‘green shoots’ emerge

Hurriyet Daily News and Economic Review 14.07.2009
Crisis hits Turkish real estate, but ‘green shoots’ emerge

The real estate market in Turkey has been heavily affected by the global crisis in the first half of the year, according to a report by Jones Lang LaSalle. But the report also notes rising consumer confidence and retail sales, the so-called ‘green shoots’ that hint at an improvement in the second half

Global listings fill a void for real estate agents

The need to accommodate the international real estate market continues to be a priority for industry providers and the reasons to do so mount nearly every day.


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