News

Housing market in Welsh town shows wider woes

During a bustling lunch hour in this Welsh commuter town, 25-year-old Richard Williams is one of the few who pause to look at properties for sale in a real-estate agent's window - and he isn't buying.

India: Increasing rental rates will not pay in the long run

After the "20:20" kind of price escalations in the real estate market in the first home sales or second sales, it seems that owners of apartments want to do the same with leasing as they are trying to increase rental values now; each new listing in a new building is coming at a different price.

New Zealand: Houses rented out as sales stall

Activity in the housing rental market is surging as vendors hold off on selling during the property slump. A survey by real estate company First National New Zealand suggests more homeowners are choosing to rent their properties rather than sell them and receive a low price.

U.S. apartment vacancy unchanged at 5.9 percent, rents increase

The vacancy rate for U.S. rental apartment buildings was unchanged at 5.9 percent in the second quarter as the housing slump and a weakening economy deterred people from buying homes, Reis Inc. reported.

VWS proposes golf course on dumpsite

Vietnam Waste Solutions Company (VSW) is seeking HCMC approval for developing a golf project on Dong Thanh Dumpsite in the city's outlying district of Hoc Mon.