News

Turkey new home demand shrinks on high loan rates

Demand for new homes in Turkey's once booming real estate market has shrunk this year as high interest rates fuelled by political uncertainty have deterred consumers, sector officials and analysts say.

Phuket market stays resilient despite turmoil

The Phuket property market is expected to show strong growth despite political instability and slower economic growth in Thailand, research by property agencies showed.

Sales of existing homes in the U.S. probably declined in June

Sales of previously owned U.S. homes probably fell in June, approaching a record low and signaling tumbling real-estate values and consumer confidence are hurting demand, economists said ahead of a private report today.

Office demand rises in Boston, Dallas, Washington

Demand for office space rose in the second quarter in Boston, Dallas, Washington and 24 other U.S. markets as demand grew from energy and technology companies and the government, CoStar Group Inc. said.

US home sales still on the slide

The number of homes sold in the US fell 15.5% in June compared with the same month last year, as the US housing market continued its slump.