Headlines

India: Present downturn in real estate a temporary blip

India: Present downturn in real estate a temporary blip The persistence of inflationary pressure in the market will further affect the recovery in the real estate sector. As the government measures to improve supplies of essential commodities , so far, have had limited impact on controlling prices, RBI is likely to further take harsh measures to push the interest rates up on July 29 when it review its credit policy.

BPF says tax change to prolong UK property downturn

Punitive new tax rules could prolong Britain's commercial property downturn, which is already on course to continue well into 2009, the head of the country's leading property industry body said on Friday.

Foreigners start selling out Bulgarian real estate properties

A number of foreign citizens, who had purchased real estate property in the Bulgarian capital for speculative purposes, are now starting to sell them out in order to make a profit.

Experts optimistic despite cooling Toronto real estate market

Experts optimistic despite cooling Toronto real estate market After years of record-setting prices, the GTA’s real estate market increasingly appears to be leveling off, analysts and statistics suggest, although experts remain relatively optimistic about the health of the region’s market.

Canada house prices to rise 3.5 pct

Canada house prices to rise 3.5 pct The price of a Canadian house will rise only modestly this year, and home sales will fall from last year's record levels, realtor Royal LePage Real Estate Services said on Thursday.