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  • November 27, 2014
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  1. Property - International - UNITED STATES

    Surge in home auctions spurs foreclosure activity in US

    Posted Nov 19th 2014, 04:36am by Reuters

    ... Reuters in Washington Surge in home auctions spurs foreclosure activity A surge in home auctions last month helped drive the biggest gain in foreclosure activity in the United States in more than four years, according to a report from RealtyTrac. RealtyTrac, which tracks housing market data, said banks last month scheduled 59,869 homes for auction, the highest rate in 17 ...

    http://www.scmp.com/property/international/article/1643102/surge-home-auctions-spurs-foreclosure-activity-us
  2. Property - International

    Norway's sovereign wealth fund plans property investment growth in Asia

    Posted Nov 19th 2014, 04:41am by Reuters

    ... Reuters in Oslo Sovereign wealth fund will broaden its real estate investments by moving into Asia Norway's state fund plans Asia expansion Targeting an investment horizon of "forever", Norway's US$860 billion oil fund plans to enter the Asian real estate market next year and aims to broaden its asset range to include anything from new developments to refurbishments, ...

    http://www.scmp.com/property/international/article/1643101/norways-sovereign-wealth-fund-plans-property-investment
  3. News - World

    New York mansion shown in ‘The Godfather’ movie goes on market

    Posted Nov 14th 2014, 10:06pm by Reuters

    ... Reuters in New York The New York mansion that featured in the 1972 movie classic The Godfather is for sale, with a US$2.89 million price tag. In the Oscar-winning film, the grand Staten Island home belongs to Mafia boss Vito Corleone, played by Marlon Brando. A Staten Island real estate agency handling the sale has not refrained from using the home's role in United States ...

    http://www.scmp.com/news/world/article/1640033/new-york-mansion-shown-godfather-movie-goes-market
  4. Business - China Business - PROPERTY

    China state-backed developers pouring money into Guangzhou

    Posted Nov 14th 2014, 11:51am by Reuters

    ... Reuters Waning fortunes of city's five biggest private developers give state-owned firms the chance to muscle in on property market Guangzhou's 'tigers' tamed by newcomers China's state-backed developers are making unprecedented investments in Guangzhou, as the private firms that have dominated the wealthy southern city for decades grapple with tight ...

    http://www.scmp.com/business/china-business/article/1639619/china-state-backed-developers-pouring-money-guangzhou
  5. Property - International - CANADA

    Low mortgage rates fuel rise in home sales in Canada

    Posted Aug 20th 2014, 05:21am by Reuters

    ... Reuters in Toronto Low mortgage rates fuel rise in transactions Sales of existing homes in Canada rose last month to their highest level since March 2010, notching their sixth consecutive monthly increase after a slow winter, the Canadian Real Estate Association said. The association said sales gained 0.8 per cent from the previous month, surpassing June's downwardly revised ...

    http://www.scmp.com/property/international/article/1577027/low-mortgage-rates-fuel-rise-home-sales-canada
  6. Property - Hong Kong & China

    Mainlanders dodge restrictions on Taiwanese property purchases

    Posted Aug 13th 2014, 04:13pm by Reuters

    ... Reuters in Taipei Buyers from across the strait are making the most of legal loopholes to purchase flats and drive up Taipei prices by 200pc over the past decade Mainlanders dodge Taiwanese restrictions Mainlanders are skirting rules aimed at limiting their purchases of property in Taiwan, where capital inflows from the mainland are an especially emotive issue. Some Taiwanese ...

    http://www.scmp.com/property/hong-kong-china/article/1572860/mainlanders-dodge-restrictions-taiwan-property-purchases
  7. Property - International

    Michael Jackson's Neverland estate may be put up for sale

    Posted Aug 06th 2014, 03:50am by Reuters

    ... Reuters in Los Angeles Neverland estate may be put up for sale Late pop singer Michael Jackson's Neverland estate is being considered for sale, a spokesman for the company controlling the property said. Owen Blicksilver, spokesman for investment firm Colony Capital, said the company would decide soon whether to place Jackson's estate near the central Californian coast ...

    http://www.scmp.com/property/international/article/1567069/michael-jacksons-neverland-estate-may-be-put-sale
  8. Property - International - AUSTRALIA

    Gains in Australian home prices defy talk of market correction

    Posted Aug 06th 2014, 05:15am by Reuters

    ... Reuters in Sydney Gains in home prices defy talk of correction Australian home prices rose in July for a second month, led by strong gains in Melbourne, putting paid to recent talk that the market was running out of steam and due for a correction. Figures from property consultant RPData-Rismark showed home prices in Australia's major cities increased 1.6 per cent from June, ...

    http://www.scmp.com/property/international/article/1567067/gains-australian-home-prices-defy-talk-market-correction
  9. Property - International - MIDDLE EAST

    Rise of Dubai property market slowing

    Posted Jul 23rd 2014, 05:20am by Reuters

    ... Reuters in Dubai Dubai overheating risk eases as market slows The rise of Dubai's red-hot residential real estate market is slowing as government steps to curb speculative buying have an impact and higher prices start to affect demand, consultants JLL said in a report. Second-quarter trends in the market suggest the risks of the Dubai property market overheating ...

    http://www.scmp.com/property/international/article/1557223/rise-dubai-property-market-slowing
  10. Property - Hong Kong & China

    Chinese developer's zero-interest loans highlights industry risks

    Posted Jul 19th 2014, 01:59am by Reuters

    ... Reuters Developer offers zero-interest loans China's third largest property developer, Evergrande Real Estate, has joined smaller peers in offering zero-interest down payment loans, a practice reminiscent of the US housing boom that precipitated the global financial crisis. The easy credit shows the gamble Chinese developers are willing to take to keep sales on track, but also ...

    http://www.scmp.com/property/hong-kong-china/article/1556561/chinese-developers-zero-interest-loans-highlights-industry

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