News

Some hope for hard hit Spanish property market but it needs confidence of foreign buyers to recover

The latest real estate figures on prices and transactions are giving some hope that the Spanish property market is improving but foreign buyers are still not returning to the country in any great numbers.

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.