World news

Canada home prices may rise 10 pct in 2010

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

Canada home resales hit record high in October

Canada home resales hit record high in October Sales of existing homes in Canada rose to a record monthly high in October due to record low interest rates and upbeat consumer confidence, prompting the Canadian Real Estate Association to boost its sales forecast for the year.

Grade A office rentals on Hong Kong Island slump

Grade A office rentals on Hong Kong Island slump Rents and rentals of grade A offices on Hong Kong Island may encounter downward pressure for the next 12 to 15 months - pressure caused by client migration to Kowloon and a still weakened general market, according to real estate consulting firm CB Richard Ellis.

Bahrain property shifts focus to low-income housing

Bahrain property shifts focus to low-income housing Bahraini real estate developers are eying investments in the country's low-income housing market to ride out a dearth of demand for high-end residences, executives said.

US new home sales slip back again

US new home sales slip back again The annual rate of US new home sales fell unexpectedly in September, raising doubts about the strength of the housing sector's recovery