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Britons eye up property bargains in recession-hit europe

Debt-ridden countries could offer potential for canny Brits on the look-out for a holiday home.

Wed, May 11, 2011

Saudi villa prices up 20pc

Prices for villas in Saudi Arabia rose 20.5 per cent on average in the first half of the year from the second half of 2010, with values seen rising further in the short-to-medium term, Banque Saudi Fransi said in a report.

Wed, May 11, 2011

Egypt set to uphold palm hills verdict

Egypt's housing minister Fathi Abdelaziz el-Baradei has said the government will uphold a court ruling to scrap a sale of state land to developer Palm Hills but will ensure ordinary Egyptians are not hurt, Ahram has reported.

Wed, May 11, 2011

Canadian farmland value rises

Values of Canadian farmland rose about 2% in the last half of 2010 as grain prices soared, continuing a steady increase during the past decade, according to a report by Canada’s top farm lender.

Wed, May 11, 2011

Foreclosures crush home prices

Home prices continued to plummet during the first three months of 2011, falling 4.6% from a year earlier.

Wed, May 11, 2011

Property values hold steady in april

Property values are holding steady after a period of decline, led by a flattening of values in the Auckland market.

Wed, May 11, 2011

Rise in us commercial property sales predicted on job growth

Better than expected statistics in new job growth for April have some economists optimistic about the commercial real estate market.

Tue, May 10, 2011

Australian airline passengers face strike disruption

QANTAS passengers face prolonged disruption to flights after the airline's 1600 licensed aircraft engineers chose to begin nationwide strike action on Friday.

Tue, May 10, 2011

Spanish construction sector to pick up by end of 2011

Secretary of State for Economic Affairs, José Manuel Campa, in an appearance before the Spanish Parliament Economy Committee, said he was confident that the construction sector’s contribution to GDP growth will mark a recovery by the end of this year.

Tue, May 10, 2011

Bulgaria's varna airport to be shut down for 4 months

The airport in Bulgaria's Black Sea capital Varna will be closed down for unprecedented repairs after the end of the 2011 summer tourist season.

Tue, May 10, 2011

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