World news

Paris, Geneva beat City of London to gain spots on office rent list

The City of London has been knocked out of Europe's top three most expensive office locations by Geneva and Paris, research by property consultants NB Real Estate and ONCOR International showed yesterday.

Singapore: Some developers may turn residential projects into serviced apartments

Some private property developers are thinking of turning their residential projects into serviced apartments.

U.K. property slump eased in March as buyers return

The slump in U.K. house prices eased last month after more than a year of declines lured buyers back into the market, the Royal Institution of Chartered Surveyors said.

New York area home prices to fall 15%

Home prices in the New York City metropolitan area will fall as much as 15 percent as Wall Street firms cut jobs and slash bonuses, according to Kenneth Rosen, an economist at the University of California, Berkeley.

Canada home resale prices drop in March, sales up

Resale house prices in Canada fell 7.7 percent in March from a year earlier, but sales rose from February, the Canadian Real Estate Association said on Wednesday.