Headlines

Gulf of Mexico oil spill could affect real estate market throughout the US

The BP Oil Spill is an environmental disaster and a serious blow to businesses and property owners along the Gulf Coast, particularly in Florida, it is claimed.

Banks told to control real estate credit tightly

Though outstanding real estate loans had increased by just 4.54 percent by the end of May, the State Bank of Vietnam still says it will strictly supervise real estate lending, because real estate credit is considered the source of non-performing loans.

Banks ease interest rates to attract more borrowers

A lot of commercial banks have launched new lending programs, offering to lend with preferential interest rates to expand their credit.

Surge in Asian investors buying new build properties in central London

Asian Investors are now buying more than a fifth of all central London new build properties, and account for almost half of all investment purchases in central London, a new report shows.

Falling Euro not putting off foreign investors buying prime US property

The sinking Euro hasn�t seriously derailed foreign appetite for premiere US real estate but the next few weeks will reveal whether the Euro zone crisis will eat away at demand, according to experts.