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Moody’s downgrades spain’s debt rating

The rating agency Moody’s has downgraded the sovereign debt rating of Spain and five other European countries, while at the same time placing France, Austria and the UK (who are presently enjoying the maximum ‘Aaa’ note), on negative outlook.

Wed, Feb 15, 2012

Rising number of brits buy homes in france

An increase in the number of Brits purchasing property in France has been noted by one real estate expert in the nation.

Wed, Feb 15, 2012

China: wuhu scraps week-old housing policy

A third-tier city in eastern Anhui province has called an abrupt halt to a housing policy that was announced only last week.

Wed, Feb 15, 2012

Video - south australian real estate market report (february 2012)

Raine & Horne South Australia CEO Kevin Magee answers the top real estate questions every month including “How’s the South Australian Property Market?” and “What does that mean for me?”

Wed, Feb 15, 2012

Florida: luxury agents foresee a good year, with caveats

Southwest Florida luxury home sales were up slightly in December and January, compared to the same two months a year ago.

Tue, Feb 14, 2012

Investor appetite grows as commercial foreclosures keep rising globally

While investor appetite rose dramatically towards the end of 2011, the level of distressed properties* coming to the market is set to keep on rising globally, according to RICS.

Tue, Feb 14, 2012

Boom goes bust in spain's valencia region

Once a shining example of Spain's economic boom, Valencia generates grimmer headlines now: corruption scandals, huge debts, austerity cuts and ensuing popular protests.

Tue, Feb 14, 2012

Interest rate cuts boost new home lending in australia

Housing finance figures for December 2011 reveal that the November and December official interest rate cuts had a positive impact on home buyer confidence and new home lending in Australia, according to the Housing Industry Association, the voice of Australia’s residential building industry.

Tue, Feb 14, 2012

Improving metro detroit home values may mean that housing crisis has bottomed out

After three years of declines, some metro Detroit communities are beginning to see small but noticeable improvement in property values -- good news for homeowners and for local governments that depend on property tax revenue.

Tue, Feb 14, 2012

Dubai developers thrown retail lifeline as home sales sink

Dubai’s developers, battered by three years of falling prices for homes and offices, are seeking refuge in retail assets as shopping tourism powers the economy.

Tue, Feb 14, 2012

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