World news

Halloween scare as home sales slump

Halloween scare as home sales slump Back-to-back holiday weekends and policy changes may have taken a toll on home sales. New data recording a plunge in home sales suggest that Hong Kong's hot housing market has had two very chilly weekends - on the Chung Yeung and Halloween weekends, and after government steps to squelch a potential property bubble.

UK house prices show 1st annual gain in 16-mths

UK house prices show 1st annual gain in 16-mths Asking prices for homes in England and Wales rose on an annual basis for the first in more than a year in October, property Web site Rightmove said on Monday, buoyed by a dearth of properties coming onto the market.

Foreclosures mark pace of housing crisis in US

Every 13 seconds in America, there is another foreclosure filing. That's the rhythm of a crisis that threatens to choke off hopes for a recovery in the US housing market as it destroys hundreds of billions of dollars in property values a year.

Capital channel snags in real estate market

Capital channel snags in real estate market Business need to find a stable and legal channel of capital mobilisation for the development of the real estate market, as the economy has not yet turned the corner.

Sept luxury home sales nearly triple in Hong Kong

Sept luxury home sales nearly triple in Hong Kong Luxury-home sales in Hong Kong almost tripled in September from a month earlier, as mainland residents bought properties in the city.