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New homes sales in Australia hit highest level in two years

Sales of new homes in Australia have reached the highest level in two years; as sales grew by 6.5 per cent in September.  According to skynews.com.au, the Housing Industry Association (HIA) reports that September was the best month for house sales growth since April last year.  Detached houses have performed particularly well in the September quarter, with sales increasing by 3.7 per cent - an...

Singapore property price growth slows

The property market in Singapore is cooling off with house prices still on the rise but the rate of growth slowing down, according to the latest report from the Urban Redevelopment Authority. The data shows that the rate of growth recorded from July to September, was the slowest it has been in five quarters. These trends are reflective of the objectives that the Singapore government are trying to achieve:...

Burj Khalifa district amongst most popular locations for luxury home purchases

The Burj Khalifa district in Dubai has been listed amongst the popular locations for ultra-rich Indians to buy property. A report, published by Kotak Wealth Management and CRISIL Research, has suggested that high net-worth individuals are particularly attracted to cheap property taxes in Dubai and the exclusivity which comes with living near the world's tallest skyscraper. Emirates247.com reports that...

Helsinki looking to attract overseas property investment

Helsinki could soon become one of Europe's top spots for foreign property investment, ft.com reports. The Helsinki Business Hub, which is a public body set up to attract overseas investment into the Finnish capital, is ramping up its efforts to entice foreign nationals to set up home in the city. As it stands, Helsinki is placed at 12th in the list of most popular European locations for foreign investment....

Australias inflating property prices cause concern

Property prices in Australia's large cities Melbourne and Sydney are continuing to experience a boom, and are causing experts to speculate about a potential property bubble, bbc.co.uk reports. It is thought that the rising house prices are a consequence of a record low in interest rates, and a strong surge interest from foreign investors but there is 17 per cent less stock on the market than in 2012. ...

German house prices being overvalued according to Bundesbank

Germany's central bank is warning potential property investors of a housing boom in the country, with house prices becoming unjustifiably expensive.  The Bundesbank has said that properties in the country are being overvalued by as much as 20 per cent because of foreign investors. The warning adds to concern that the European Central Bank's monetary policy is far too relaxed, with the bank's main...

Dont Leave Your Home a Sitting Duck: 7 Ways to Secure Your Home While Youre Gone

It can be scary to leave your house when you go on vacation, especially if you're going several states away or leaving the country. With new home security technology and helpful neighbors, leaving home doesn’t have to be as scary. Here are some things you can do to help deter burglars while you're away. Don't Advertise That You're Leaving Image via Flickr by bengsoon Before you head out, don't tell...

US house prices continue to rise but number of sales falls

House prices in the US continue to experience a rise despite the fact that the number of sales saw a decline. According to worldpropertychannel.com, the National Association of Realtors (NAR) revealed that in September the average US house price was $199,200; a rise of 11.7 per cent compared to the same time last year. This rise marks the tenth consecutive month that house prices have increased by double...

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The Latest Celebrity Real Estate News

  Following her separation from singer Seal, supermodel, producer and TV show host Heidi Klum has splurged a cool $9.9 million on a 11,000 square feet Bel Air mansion. The 12-acre property has a private swimming pool with stunning views of the city and hilly landscape. It has eight bedrooms, nine and a half bathrooms, a wine cellar and a number of decks providing scenic vistas of the sprawling real...

Tax hike for Parisian workers creates property bargains galore

Luxury property in Paris is going on offer at knockdown rates as workers in the French capital look to flee from new tax rules. Bloomberg.com says foreign buyers are jumping at the chance to save up to ten per cent on assets in this market compared to values in 2012. The luxury market saw a glut in high-value property after French president Francois Hollande ordered employers to pay a 75 per cent...