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  • July 23, 2014
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  1. Property - International - UNITED STATES

    Rising supply, waning demand cool United States house bidding wars

    Posted Nov 20th 2013, 05:12am by Bloomberg

    ... according to Erin Stumpf, his real estate agent. In states such as California, Arizona and Nevada, where bidding wars have fuelled the United States' largest gains in home prices, booming ... has held back some buyers, while the government shutdown may have weakened confidence, said Michael Orr, director of the Centre for Real Estate Theory and Practice at Arizona State University. ...

  2. Property - International - UNITED STATES

    Sales of new single-family homes fall sharply in the United States

    Posted Aug 28th 2013, 12:00am by Reuters

    ... sharply Sales of new single-family homes in the United States fell sharply in July to their lowest level in nine months, casting a shadow over the country's housing recovery. Sales dropped 13.4 per cent from June to an annual rate of 394,000 units, the Commerce Department said. Year on year, new-home sales were still up 7 per cent, but the monthly reading, which was well below ...

  3. Property - International

    Is the United States heading into another property boom?

    Posted Jan 30th 2013, 09:22pm by Patrick W ONeill

    ... of increasing values. The NAR International report stated that first time buyers accounted for 30 percent, 21 percent were all cash and 21 percent were investor sales. Chinese buyers remain the second largest international group investing in the America and the state of Florida is the number one choice for international investors making up 26% of all foreign purchases in the United States ...

  4. Property - International - UNITED STATES

    Swire Properties sells Miami flats at top prices

    Posted Jul 22nd 2014, 03:35pm by Sandy Li

    ... buyers lead a surge in foreign purchases of homes in the United States. The developer released the first batch of 383 condominiums in the north tower, known as Reach, at its US$1 billion Brickell City Centre for presale on May 29, it said in a written reply to the South China Morning Post. "We have issued sales contracts to more than 150 potential buyers, with the units selling ...

  5. Property - Hong Kong & China - BRICKS & MORTAR

    Cheung Kong executive proved right as homebuyers' sentiment turns

    Posted Jul 21st 2014, 11:23am by Peggy Sito

    ... of a delay in the raising of interest rates in the United States and limited price cuts in the primary market. Then, in May, the modifications to property cooling measures, including an easing ... fall 5 per cent or less this year and drop a further 10 per cent next year, compared with their previous forecasts of a 25 to 30 per cent dive. It is estimated there were nearly 8,000 units ...

  6. Property - International - INVESTMENT

    Investors plan to step up purchases of homes in United States, survey shows

    Posted Sep 26th 2012, 12:00am by Bloomberg

    ... Bloomberg in Los Angeles Despite price rises, US investors still see good opportunities, say real estate researchers Landlords plan to step up their home purchases Almost two-thirds of US property investors plan to buy as many as or more homes in the next ...

  7. Property - International - REGULATION

    Curbs on funds transfer could hurt Chinese investment in overseas property

    Posted Jul 22nd 2014, 11:48am by Peggy Sito

    ... reportedly accounted for more than 70 per cent of property transactions on the island. The latest statistics from the National Association of Realtors, an industry group in the United States, show ... in the country. The State Administration of Foreign Exchange was reported to have temporarily shut down BOC's Youhuitong remittance service last week, days after state broadcaster China Central ...

  8. Property - Hong Kong & China - PROPERTY

    Shimao looks to speed up sales of unsold units in China

    Posted Jun 24th 2014, 05:58am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Group offers discounts in cities with housing glut in its push to clear 5b yuan worth of stock Shimao looks to speed up sales of unsold units Shimao Property Holdings says it will destock half of its unsold units worth 10 billion yuan (HK$12.6 billion) that are carried over from last year and cut prices in cities suffering from a housing glut, according ...

  9. Property - Hong Kong & China - C-SUITE

    Mainland China offers Hong Kong architects a stage on which to shine

    Posted Jul 22nd 2014, 02:14pm by Yvonne Liu

    ... with this lifestyle and a pioneer in this respect. Reurbanisation is getting popular around the world. The United States used to encourage suburban life, but people found that it was too far to travel ...

  10. Property - Hong Kong & China

    Chinese developer's zero-interest loans highlights industry risks

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

    ... a Nomura credit analyst in Hong Kong. Some China property executives shrugged off comparisons with the "subprime" bust in the United States, citing China's low household debt ratio. ...




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