World news
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.
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.
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
Dubai's main investment fund seeks debt payment delay
The government-owned investment company behind Dubai's rapid development drive has asked its creditors for a six-month delay on repaying its debts.
Canada home prices may rise 10 pct in 2010
Canadian home-resale prices are likely rise in 2010 at an even faster pace than this year but a dangerous bubble probably won't develop, TD Economics said in study published on Tuesday