Brasilia, October 25, 2011-The government´s closely watched inflation indicator of Consumer Prices  rose 0.42% for the period from September 14th to October 13th 0.11% below the prior month at 0.53%. Cumulative year to date the figure is 5.48% and for twelve months trailing, 7,12%, compared to the year-ago figure of 7,33%.   Brazil years ago, prior to the introduction of the Real Plan in 1994,...

As demand increases for luxury homes, UK sales have risen to the highest levels in four years. A total of 3,375 properties valued at over £1m were sold in the first six months of 2011, according to Lloyd TSB. The sales mark an increase of 10 per cent on the same period from last year, but also the highest number of transactions since 2007. The UK luxury property market continues to go from...

Libya’s new rulers face ‘daunting legal hurdles’ to find billions of pounds in cash, assets and property that the late leader Muammar Gadaffi and his family stashed across the world, according to experts. According to Reuters, estimates suggest Gaddafi controlled as much as $30 billion (£18.8 billion) in assets in the Unites States alone as well as large...

If you’re looking to buy a holiday home in the Caribbean then you may already have considered the likes of Barbados and Jamaica.  However, a leading property expert has also recommended St Lucia as a great place to buy an overseas property investment. Saint Lucia a great place to buy property Terry Hobbs, media manager for a leading property website, claimed that the...

The global financial crisis and European sovereign debt situation has not surprisingly meant that European overseas property investors have become more cautious .  The release of positive growth figures from Russia could see international real estate agents and developers now target their efforts towards Russian buyers. Russian retail sales are on the increase along with wages, while unemployment is...

Cheap property in Spain is not the country’s only popular investment, as luxury homes continue to sell despite the economic gloom. Rich foreign investors continue to purchase expensive houses in Spain, with Lucas Fox International Properties selling €19.5 million-worth of luxury Spanish property in the third quarter of 2011 – a record-breaking period, and its most...

Talk show star Ellen de Generes and her wife Portia de Rossi have put their stunning Beverley Hills property up for sale after admitting that they have ‘lost track’ of the number of properties they have bought over the years. The stunning estate sits in just under 3 acres and has undergone significant extension and renovation since the couple bought the property. Stunning...

The London 2012 Olympics are introducing more expensive houses for sale, UK residents fear. Home prices in Stratford, in particular, have risen dramatically as the Olympics draw closer, prompting the arrival of Foxtons estate agents. The Olympics have put the eye of the world on Stratford, Sales Manager Alex Leigh told the Guardian: "It's brought attention to an area that perhaps wouldn't have had the...

US property prices fell by 0.4 per cent in August from the previous month, according to August’s Home Price Index. The decline, which is the first drop in four months, suggests that worries about a double-dip recession are perhaps justified, but distressed property sales are masking the true figures. Overall, the year on year change in house prices has seen values fall by 4.4 per cent. But...

Retired professional wrestler Hulk Hogan has lowered the price of his house after it failed to sell on the market. The mansion, located in Florida’s celebrity zone of Clearwater, was listed for $25m in 2006, but has been reduced in price four times over the past five years, now reaching the significantly lower cost of $8.85m. Hulk’s property joins other celebrity houses...