Archive → March, 2011
Property tax receipts decline
Property tax receipts decline
U.S. state and local-government property-tax collections dropped in the last three months of 2010 by the most since home prices peaked more than four years ago, slowing the overall growth in revenue for cash-strapped localities.
Read more on Worcester Telegram & Gazette
Shares weak as property firms fall, Japan crisis
Shares weak as property firms fall, Japan crisis
Singapore shares were fractionally weaker by midday on Tuesday, as property developers City Developments (CTDM.SI) and CapitaLand (CATL.SI) fell after a brokerage cut its rating on the sector. The broader market was also hurt by losses on other Asian bourses as uncertainties surrounding Japan’s worsening nuclear crisis kept investors jittery, traders said. Read more…
Read more on The Edge Singapore
Property market doldrums to linger for several years
Property market doldrums to linger for several years
Demand in Greece’s residential property market may fall to record lows in coming years, affecting prices and businesses operating in the sector.
Read more on Kathimerini
Property body puts up €200,000 for case against state
Property body puts up €200,000 for case against state
A GROUP of property developers and investors have pledged to provide up to €200,000 to support a landmark legal case against the state to highlight the past government’s role in overseeing reckless lending by financial institutions.
Read more on Irish Examiner
DuPage property values drop 6 percent
DuPage property values drop 6 percent
For the first time in 40 years, the overall value of property in DuPage County has dropped — and by almost 6 percent, a reflection of a housing market that has plummeted in the past few years.
Read more on Daily Herald
Property developers accelerate new launches
Property developers accelerate new launches
Property developers in Singapore are racing to launch as many as 15 new projects over the next few weeks.
Read more on Property Guru via Yahoo! Singapore News
M’sian property market to grow slowly for 2011
M’sian property market to grow slowly for 2011
KUALA LUMPUR: The Malaysian property market is predicted to grow slowly for 2011 due to high supply and speculation activities, CH Williams Talhar & Wong (WTW) managing director Foo Gee Jen revealed at a press conference held on Wednesday, Mar 16.
Read more on The Edge Malaysia via Yahoo! Malaysia News
LNR Said to Consider Investing in Pool of Cantor Fitzgerald Property Loans
LNR Said to Consider Investing in Pool of Cantor Fitzgerald Property Loans
LNR Property Corp., the real estate finance company partly owned by Vornado Realty Trust (VNO) , is seeking to buy the most junior portion of a $600 million pool of commercial property mortgages made by Cantor Fitzgerald LP, according to a person with knowledge of the deliberations.
Read more on Bloomberg
Property downturn fuels demand for equity release
Property downturn fuels demand for equity release
Another day, another report of a slumbering property market.
Read more on Money Observer
Compare Property Prices Launches
Compare Property Prices Launches
Property website, http://www.compare-property-prices.com has launched in the UK, providing a unique search facility for those who want to buy or rent property in the United Kingdom. (PRWeb March 13, 2011) Read the full story at http://www.prweb.com/releases/compare_property_prices/03/prweb8199921.htm
Read more on PRWeb