Headlines

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.

Great baby room decorating

If you are about to welcome a new baby soon, you should be all geared up to decorate the special room. So plan your kid's room decoration with these easy and inexpensive baby room decorating ideas.

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.