Headlines

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.

International real estate transactions dip 46%

Credit crunch and economic uncertainty have taken their toll on the global property market, with transaction volumes falling by 46 percent in the first quarter, according to a property report.

Dubai property speculators causing

Dubai's government should introduce a capital-gains tax on properties sold within 12 months of purchase to rid the market of speculators and stop the real- estate market from "overheating," said Standard Chartered Plc.

Delta Valley gets nod for resort in Binh Thuan

Binh Thuan Province has awarded a license to Binh Thuan Delta Valley Co. to develop a tourism complex on 1,000 hectares there, which is envisioned becoming a vast zone of entertainment and accommodation facilities.