Real Estate
US existing-home sales, prices up in February: NAR
Mar 21, 2013 10:47 EDT
US existing-home sales and prices pushed higher in February, with sales at their highest rate since November 2009, the National Association of Realtors said Thursday.
Stocks rise as Fed keeps aggressive easing in place
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
US home building edges up in February
Mar 19, 2013 09:48 EDT
Construction of new US homes edged higher in February after a plunge in January, government data showed Tuesday in a report underscoring the recovery in the housing market.
Singapore property sales plunge 65% in February
Mar 15, 2013 06:31 EDT
New private home sales in Singapore plunged 65 percent in February from a month before as market cooling measures and the Lunar New Year holidays kept buyers away, official data showed Friday.
Wake-up call as Seoul's 'Dream Hub' faces collapse
Mar 14, 2013 01:39 EDT
A $28 billion real estate project in Seoul was facing collapse after developers acknowledged defaulting on a major loan repayment.
Spanish 'bad bank' starts shifting problem assets
Mar 12, 2013 11:05 EDT
The "bad bank" set up to purge Spain's crisis-hit finance sector has begun operating and aims to sell off 1.5 billion euros' worth of toxic assets in 2013, the government said on Tuesday.
China adds spice to flat Cyprus housing sector
Mar 06, 2013 23:09 EST
The real estate sector on the recession-hit Mediterranean holiday island of Cyprus, an EU member, is turning to Chinese investors seeking easier access to Europe.
More Chinese divorcing in bid to escape property tax
Mar 06, 2013 07:37 EST
Chinese couples are flocking to divorce to avoid a new property sales tax imposed by the government, after it left open a loophole for those who end their marriages.
Chinese divorce to avoid property tax: report
Mar 06, 2013 01:24 EST
Chinese couples are flocking to divorce to evade a new tax on home sales after the government cracked down on property speculation, the Shanghai Daily newspaper reported Wednesday.
Vietnamese developer joins billionaire Asians: Forbes
Mar 04, 2013 12:54 EST
A Vietnamese property developer who started out making noodles in Ukraine joined mega-rich Hong Kong magnate Li Ka-shing for the first time on Forbes magazine's world's billionaires list Monday.
'Don't tear down this wall', Berlin protesters say
Mar 01, 2013 12:03 EST
Detested for nearly three decades as a symbol of oppression, the Berlin Wall again sparked angry protests Friday when a crane began dismantling a segment under plans for a new housing development.
US mortgage giant Freddie Mac swings to $11 bn profit
Mar 01, 2013 04:38 EST
US mortgage finance giant Freddie Mac has posted an $11 billion annual profit for 2012, compared to a loss of $5.3 billion a year earlier.
US housing bust a memory, but recovery incomplete
Mar 01, 2013 03:01 EST
When US homebuilder Pulte announced earnings last month, it boasted higher profits and a surge in new orders as fresh evidence of an improved American housing market.
China home prices rise for third month in February
Mar 01, 2013 00:26 EST
Home prices in China rose year-on-year in February for the third consecutive month, an independent survey showed Friday, citing strong credit growth as a key factor.
Dow soars to highest level in more than 5 years
Feb 27, 2013 17:23 EST
Strong reports on the US housing market and durable goods orders propelled stocks higher Wednesday, with the much-watched Dow index reaching its highest level in more than five years.
US January pending home sales best since 2010
Feb 27, 2013 12:01 EST
US pending home sales rebounded sharply in January from a December dip to the highest level in almost three years as the housing market recovers, a trade organization said Wednesday.
S&P says Australia's AAA rating safe
Feb 26, 2013 22:36 EST
Australia's top triple-A rating appears secure despite high household debt and banks' high reliance on foreign funding, Standard & Poor's said Wednesday.
Consumer confidence jump sends US stocks higher
Feb 26, 2013 16:59 EST
US stocks closed decisively higher Tuesday following strong reports on consumer confidence and the housing market.
US new-home sales jump in January
Feb 26, 2013 13:39 EST
Sales of new homes in the United States sizzled in January, rebounding from a December decline amid shrinking inventory, government data released Tuesday showed.
Hong Kong unveils new bid to cool property market
Feb 22, 2013 12:05 EST
Hong Kong unveiled fresh measures Friday to cool its red-hot property market, as the finance minister warned that an asset bubble is forming in the southern Chinese city.
