Headlines

US new home sales plunge in November

US new home sales plunge in November Sales of new homes in the US plunged in November, casting fresh doubts on the recovery in the housing market.

New Zealand house values up 1pc in last year: QV

New Zealand house values up 1pc in last year: QV House values rose 1 per cent in the 12 months ended November 30, up from a 0.20 per cent gain in the period through October, according to QV Valuations.

Chinese businessmen hit by Dubai property crunch

Chinese businessmen hit by Dubai property crunch When many mega-constructions, including the world's tallest building Dubai Tower, kept on rising from the sands in the Middle East, Chinese investors' confidence had been sky high on Dubai property market as well.

Interest rate curve skewed

Interest rate curve skewed The familiar interest rate curve cannot be seen these days because it has been replaced by another, strange formation showing banks’ interest rate policy: interest rates for short term deposits are the same or even higher than interest rates for long term deposits.

UK house prices continue to rise

UK house prices continue to rise UK house prices have risen for the seventh consecutive month, helped by better-than-expected news from the job market, the Nationwide has said