In a recent Nationwide study, it was observed that the total housing prices in the U.K. has witnessed a 1 percent slump over the year 2012. Price fluctuations displayed a regional divide. London was observed to be the strongest performing area in the depressed market condition.
Construction spending in the country went down in November 2012. However, the rates witnessed a growth when compared to the percentage of the previous year at the same time period. Experts believe that with the conclusions of the tax decision, the housing and construction markets will accelerate by the second half of 2013.
The residential property prices in Singapore have recorded a 1.8 percent rise in the fourth quarter and an annual 2.8 percent hike. The public housing property price index also grew by 2.5 percent.
Hong Kong's real estate markets will see an upsurge, as housing sales are expected to increase in the city in spite of continuous efforts by the government to curb the prevailing speculations.
Nationwide Building Society announced it will provide a 95 percent mortgage loan to new home buyers on a condition that they would contribute a sum of money at regular intervals to their savings account for the mortgage.
Genworth Financial Inc named Thomas McInerney chief executive as the insurer looks to move past the billions of dollars in losses from its mortgage insurance business.
Brazil's government on Tuesday extended tax breaks to the country's construction industry in a new effort to encourage investment and boost flagging growth in the world's sixth-largest economy.
Triton Court, a century-old old art deco building on London's Finsbury Square, is a good example of how the financial crisis is transforming demand for commercial property in Europe.
Tuscan, Arizona is one of the best places for real estate investment. Tuscan, Arizona is one of the best places for real estate investment. There are several opportunities for those interested in buying condominiums or town homes as investment.
Malibu, the beach city in Southern California has an interesting association with Hollywood stars. It is a place that many actors call home. There are many stars- home tours on offer, reports Malibu Times.