News

US: Office market sees rent growth evaporating

U.S. office rent growth stalled in the second quarter and vacancies crept up, a trend that could portend rising loan defaults in the commercial real estate market, according to a report by real estate research firm Reis.

US: Housing market seen getting worse

An even gloomier scenario may be in store for an already ailing U.S. housing market if the overall economy slips into a recession, according to UBS Securities analysts.

Auckland property prices dip in June

Prices paid for Auckland properties fell in June, according to real estate firm Barfoot and Thompson.

Thailand: Condo demand increasing

The Bank of Thailand has projected higher condominium demand in the second half as consumers move to save travelling expenses. In its May economic and finance report, the central bank reported a stronger real estate market in April as buyers who had delayed their decisions to wait for tax incentives made transactions.

Expert predicts sustainable property prices by 2009

Expert predicts sustainable property prices by 2009. The next wave of supply coming in 2009 and 2010 may help bring stability to the Dubai market, says MAG Group Property Development.