The latest figures from China’s National Bureau of Statistics show that residential property prices rose again in July and August. Property prices in 70 large and mid-size cities throughout China rose 2 percent in August from the same time in 2008 and 0.9 percent from July. Investment in real estate also rose for the year, increasing 14.7 percent from January to August.   The price rise is being led by...

Overseas property portals Homesgofast.com and Property-Abroad  state that USA was the No.1 place for buyers making enquiries for real estate during August 2009.     Homesgofast.com carries over 150,000 international listings offered by developers, real estate agents and private sellers from over 70 countries. The portal saw USA regions of  Florida and Western New York attract the lion share of  its...

The number of pending home sales in the United States has risen for six straight months, according to the National Association of Realtors (NAR). That hasn’t happened since the NAR began tracking pending sales in 2001.   The Pending Home Sales Index increased 3.2 percent in July, to 97.6 from 94.6 in June. It was 12 percent higher for July, 2009 than the previous year, when it stood at 87.1. The...

Home prices in Greece have weathered the international economic downturn reasonably well and the outlook for the future is solid. According to the Second Quarter 2009 Real Estate Comment from the Bank of Greece, appreciation in home prices peaked at 13.9 percent in the first quarter of 2006 and have moderated gradually since then. The first quarter of 2009 saw a drop in Greek home prices of 1.9...

Colordarcy Investment has recently published the Florida Property Guide to help potential investors in the Florida property market and it has already helped thousands of people. The Guide available online to download is a free resource for investors looking into property in Florida.    Nicholas Marr, CEO of international property portal Homesgofast.com, says that the Florida Property Guide is already...

Property investment in New Zealand is gaining a new lease of life as overseas investment increases with the help of internet-based organisations. A leading online agency New Zealand Property Solutions www.nzps.com reports that international property investors are attracted to the lower priced property coupled with high rental returns and capital growth.     With the recent turbulence faced by the global...

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The real estate market in the popular Australia destination of Queensland is showing signs of recovery. The latest figures from the Real Estate Institute of Queensland (REIQ) show that the volume of sales in Brisbane rose by 28.4 percent in the second quarter of 2009. Along the resort areas of the Gold and Sunshine coasts, sales were also up by more than 17 percent for the quarter.   “We are cautiously...

American actor Brad Pitt recently took a quick trip to northern Spain to visit the Niemeyer Cultural Center and look into the progress of the Aviles Island of Innovation. The project is a major urban redevelopment of this port city on the Atlantic coast of the country. Pitt is interested in sustainability and innovative architecture and the Island of Innovation is working to transform the old industrial...

The latest data from the Global Property Guide shows that the world housing market is showing signs of recovery. Seven countries have emerged from the housing price slump for the quarter, but many countries suffered significant drops in the first half of the year so the overall picture is still somewhat down, but looking better.   China, Portugal, Australia, New Zealand, France, Sweden and Hong Kong all...