World news
Investors looking to cash in on hot realty
A number of foreign institutional investors have quickened their pace of cashing in on properties in Shanghai and Beijing, mainly due to tightened cash flow, imminent closing of realty funds and rising concerns of a possible policy change, industry insiders said.
Official figures show steep decline in property prices in Singapore
Residential property prices in Singapore have suffered an unexpected further decline in the second quarter of 2009 despite a frenzy of buying, according to the latest official figures.
China's developers buy prime land at hefty rates to ride boom
China's realty market saw land acquisitions at record prices in the past month.
China’s new home prices rise as bank lending triples
New home prices in 36 medium- and large-sized Chinese cities rose 6.3 percent in June from a year earlier as bank lending tripled in the first half.
US housing inventory data points to stabilization
The U.S. housing market is showing signs of stabilization, according to inventory data released on Monday by national real estate brokerage ZipRealty.