PropertyO News
Latest Property News
Sales of existing us property predicted to hit 5 million in 2013
Sales of existing homes in the US are expected to hit almost 5 million in 2013, according to the National Association of Realtors.
Wed, May 01, 2013
Mexico to reduce restrictions on foreign property investment?
Mexico may be about reduce restrictions on foreign investment in its property market.
Wed, May 01, 2013
World property organisations unite to improve investor confidence
Today, for the first time ever, the world's leading property institutions are meeting in Washington to create a universal method of measuring property assets. This will aim to tackle the problem of low investor confidence in property and its negative impact on financial markets.
Wed, May 01, 2013
Watch - life in spain's slum of shame
It has been named the slum of shame. La Canada Real is an illegal settlement outside Madrid which is home to more than 40,000 people, who face an uncertain future. There is no running water or drains, electricity is hijacked, and houses are built amidst the rubble Al Jazeera's Rory Challands reports from La Canada Real, Spain.
Wed, May 01, 2013
Renting a house? The cat lady may be living next door...
If you’re renting your home, The Cat Lady may be living next door, reveals a new survey, which has found that 75 per cent of respondents are pet owners - up from 43 per cent in 2012.
Tue, Apr 30, 2013
Watch - bangladesh building collapse owner arrested
The owner of the eight-story building that collapsed in Bangladesh has been arrested at the border trying to flee to India. Mohammed Sohel Rana had been on the run since the complex, which housed five garment factories, fell apart like a pack of cards, trapping thousands of workers. Four others, including engineers, have been taken into custody and will be taken before the court. The structure caved in five days ago, despite warnings that cracks had appeared on pillars after a jolt was felt by workers. Four people were rescued alive on Sunday. But time is not on the rescuers' side and more and more, it is bodies they recover. Pumping fresh air through holes in the rubble gives any survivors a slightly better chance. Nevertheless, neither the rescuers nor the hordes of anxiously waiting relatives are hopeful. The arrest of the owner increases the probability of getting to the bottom of this tragedy, but it will come as small consolation to the victims or their families. Authorities have put the latest death toll at 377 and expect it to rise, with hundreds more still unaccounted for.
Tue, Apr 30, 2013
Jakarta ranked world’s top prime property hotspot
Jakarta is the top prime property hotspot in the world, according to Knight Frank’s latest research. The Prime Global Cities Index saw the Indonesian Capital’s prime real estate prices rocket by 38.1 per cent in the first quarter of 2013, closely followed by Florida’s Miami, where prices surged by 21.1 per cent.
Mon, Apr 29, 2013
Australian property recovery getting stronger
Australia’s housing market recovery is getting stronger, according to the latest report from Australian Property Monitors.
Mon, Apr 29, 2013
London city doubles flights to balearics this winter
In the winter of 2011, there were no British Airways flights from the UK to Balearics. Last year, that changed for the first time, with two flights introduced every week throughout the chilly months. The confidence paid off, as demand from visitors has prompted the operator to more than double their flights for winter 2013.
Mon, Apr 29, 2013
Watch - deadly explosion in block of flats in french city of reims
Two people have been killed and at least ten injured after a block of apartments collapsed in the northern French city of Reims. The accident at the four-storey building was caused by an explosion, believed to have been triggered by a gas leak. More than 100 rescue workers, firefighters, and experts arrived at the scene.
Mon, Apr 29, 2013