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Houston surpasses new york and los angeles as the 'most diverse in nation'

Houston has surpassed the likes of Los Angeles and New York as the most ethnically diverse metropolitan area in the the U.S., according to a new report out of Rice University.

Mon, Mar 12, 2012

Foreclosure starts and sales spiked in january, report says

Foreclosure activity jumped in January, according to a report released by a leading lender processing service. The spike seems to suggest that the foreclosure backlog is beginning to clear. If so, that's a trend likely to continue, many experts say, in the wake of a recent settlement that has clarified acceptable foreclosure practices for the country's largest servicers.

Mon, Mar 12, 2012

Canada prices continue to climb

House prices in Canada continue to grow with the Canadian Real Estate Association predicting that home values could be up by as 9.3% in 2011. This would follow significant price increases in 2009 and 2010.

Mon, Mar 12, 2012

Uae developers aldar, sorouh eye state-backed merger

Abu Dhabi's struggling developer Aldar Properties may merge with local rival Sorouh Real Estate in a state-backed tie-up that could create a company worth some $15 billion in assets.

Mon, Mar 12, 2012

"no going back" for murcia's paramount-branded theme park

At a press conference on 23 December the Mayor of Alhama de Murcia, the setting for Murcia's Paramount-branded Theme Park and Lifestyle Centre, said "there is no going back for the Paramount Park" and "there are investors". Local estate agent Mercers believes these reassuring words will silence the Paramount "doubters".

Fri, Mar 09, 2012

Brazil property investors celebrate bumper year

Brazil was the standout success in the Knight Frank global house price index with more than double the increase experienced by the second-fastest growing country, Estonia

Fri, Mar 09, 2012

Now open: francis ford coppola's new hotel in italy

Francis Ford Coppola has been a hotelier for almost 20 years with properties in Belize, Guatemala and New Orleans. Now, the filmmaker and winemaker best known for his Godfather trilogy has finally opened a hotel in Italy. Palazzo Margherita, located in Coppola's ancestral home of Bernalda in the region of Basilicata, opened for business on March 1.

Fri, Mar 09, 2012

New code of conduct for developers in india

A new code of conduct has been agreed by the Confederation of Real Estate Developers Associations of India (CREDAI) with the aim of resolving complaints about the house buying process.

Fri, Mar 09, 2012

Construction sector in recession for second year

The Construction sector continued in recession for the second year running in 2010 according to a report “Construction and Housing Statistics, 2010″ recently published by CySTAT.

Fri, Mar 09, 2012

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