News

UK commercial property fell 2 pct in June

Commercial property values in Britain sank by a bigger-than-expected 2 percent in June, extending the market's slide to more than 19 percent since it peaked a year ago, key data showed on Friday.

Home sales forecast to plunge in '08

Sales of residential houses in this southern city are forecast to plunge this year to the level 10 years ago as homebuyers and investors continue to adopt a wait-and-see attitude as prices nosedive.

U.K. house-price drops stay close to most widespread since 1978

U.K. house-price declines in June stayed close to the most widespread since the Royal Institution of Chartered Surveyors started measuring the property market in 1978, pushing the country closer to a recession.

Property values continue to slide in New Zealand

The residential property market continued to slow in June, and values declined in many areas despite a tiny increase in the average sale price, the valuation firm QV says.

In real estate sales, not all cities are equal

Cambridge's real estate market is taking a harder punch from the economic downturn than its neighbors.