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Foreign property investment: what does it mean for economies?

Concern that foreign investors are pricing local buyers out of the real estate markets in major cities is provoking debate. But that shouldn’t detract from the real problems Manhattan’s skyline, with many high-rise and exclusive condos. Foreign property investment is increasing in the city Concern that foreign investors are pricing local buyers out of the […]

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China’s property market loosening bears fruit

Chinese efforts to encourage homebuyers appear to be gaining traction, with the nationwide drop in property prices slowing in March, according to data released over the weekend. Average new home prices fell on an annual basis for a seventh consecutive month in March, but the rate of decline slowed from February, as a number of […]

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Housing Market: ‘Asking Prices Hit Record’

A property website say house prices might be on the march again because people are holding on until after the election. Report: Asking prices are rising because sellers are in the minority A shortage of homes and high demand for properties have combined to drive asking prices to a new record high, according to Rightmove. […]

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US:Guess where the hottest housing markets are?

For home buyers in northern California, speed is the name of the game. Of the top 10 fastest-moving housing markets, 8 are located in California, with San Francisco, San Jose and Oakland taking the top three spots, according to a report from Trulia. At least 70% of homes in these three areas sold in two […]

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Detroit:Local housing market blooms for buyers and sellers

With mortgage rates back to rock-bottom lows and a larger selection of houses finally available, metro Detroit’s housing market is set to turn a corner this spring and become hotter for buyers and sellers. Buyers should find it easier to get a mortgage, with new low-down-payment programs and fewer paperwork requirements. And unlike the past […]