Low mortgage rates and confidence in the housing market resulted in stable sales of property in Canada during July.  New figures from the Canadian Real Estate Association (CREA) show that residential property sales were stable in July compared to June with gains in some markets. Sales of property in Canada remain stable CREA president Gary Morse said: “The continued stability in national...

Sales of contemporary homes have fallen in America for the third month in a row, but developers of new homes in the UK are staying strong. New home sales dropped 0.7 per cent in July, the latest figures from the Commerce Department show. This marks a five-month low in America, as foreclosures and used property crowd the housing market. As a result, the number of modern property sales has dropped. They now...

Photo credit: TalkMediaNews Alec Baldwin is attempting to sell his luxury apartment, marking the second time he’s listed his designer homes in as many years.The 30 Rock star recently listed his New York luxury home for sale, with the intention of moving to downtown Manhattan. The flat, which is on the 22nd floor of The Eldorado building, carries an asking price of...

A leading overseas property expert has revealed that Brits are increasingly seeking our rural property in France.  Patrick Joseph from a leading French property website believes that more and more people are seeking an older property in a countryside location as a new report reveals that France is one of the most expensive countries in the world in which to build new property. France the fifth most...

Photo credit: OEA-OAS Houses for sale in Jamaica will soon be given a helping hand from the country’s award-winning tourism industry. The country will be honoured at the World Travel Awards in October, it was announced this week. The awards, which are described as the “Oscars of the travel industry”, will acknowledge Jamaica’s success during 2011....

Although prices of property in Spain have fallen over recent years and the weak pound has deterred many British buyers, foreign interest in Spanish property remains strong.  That’s the view of head of Spanish Property Insight Mark Stucklin who believes that the demand from overseas buyers remains buoyant. The comments come after new figures show that prices of property in Spain continued...

New figures have shown that the prices of farm property in New Zealand have fallen to their lowest level in eight years.  The Real Estate Institute of New Zealand reports that the median price per hectare of farmland in the second quarter of 2011 was as low as it has been since September 2003, although farming experts argue that the value of farmland should not be a major consideration. Farm property in...

Private islands have long been the reserve of royalty, movie stars and the super wealthy.  However, with house prices across the world having fallen over the last few years, the price of a private island is now within the reach of many of the world’s super rich.  And, the hottest spot to buy your own private island at the moment is the Bahamas. If you want to buy your personal island and...

Photo credit: Jayme-Antonio Houses for sale in Trinidad and Tobago are still subject to a controversial tax law introduced in 2009, despite the government’s recent claims that it would be reversed. The Property Tax Act was introduced by the previous government and required a 3 per cent tax on homes, a 5 per cent tax on commercial real estate and 6 per cent on industrial buildings. When it...

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