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China’s weakened property market could hit banks: S&P

The slump that hit China’s property market this year could hit the country’s banks according to ratings agency Standard & Poor’s, in the latest warning to the world’s second largest economy. While the housing market in China has started to see some recovery of late, with data released at the start of the month showing […]

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Will Chinese buyers flee or flood US housing?

Turmoil in the Chinese stock market could have a quick and direct effect on U.S. housing. From newly built homes in Irvine, California, to Miami condos to Manhattan luxury towers, Chinese money has been flowing freely. The question now is, will trouble in the Chinese stock market translate into more or less cash coming into […]

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10 Worst First-Time Homebuyer Mistakes

Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little bit scary. In the end, your aim is to end up with a home you love at a price you can afford. Sounds simple enough, right? Unfortunately, many people make mistakes the prevent them from achieving […]

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Israel:Kahlon announces plan to lower housing prices

Finance minister focuses on deregulation, speeding up construction and disincentivizing property investment. Finance Minister Moshe Kahlon on Wednesday announced what he called the first phase in a plan for reducing Israel’s skyrocketing housing prices. He is expected to bring his initial proposals to a vote in the Housing Cabinet on Monday. In a statement, Kahlon […]

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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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5 Things Every Real Estate Pro Knows

Those who consistently make money in real estate know the market. They know the location and the history. They know what new developments are planned. They know the transportation and the schools. They know everything about the area where they invest. They have to know it all. Staying ahead of the competition in real estate […]

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Fosun International weighs bid of $2 billion for Cushman & Wakefield

Chinese billionaire Guo Guangchang’s Fosun International Ltd. is weighing a bid for commercial property broker Cushman & Wakefield Inc., people with knowledge of the matter said. The Shanghai-based investment firm is among several companies that have expressed interest in Cushman, whose owners are seeking about $2 billion, according to the people. The process is at […]

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The value of Great Britain’s homes has rocketed by £1.412 trillion to £5.752 trillion over the past 10 years – more than the combined GDP of France, Germany and Italy.

New analysis, which has measured the collective worth of all homes in England, Wales and Scotland and cut it by local authority, has revealed which areas have seen rocketing house prices over the past decade and which have been untouched by the 2006/2007 housing market boom and, latterly, the recovery. More than half of Great […]