Investing

Positive economic outlook set to boost tourism and real estate on Cape Verde

The economy in Cape Verde is expected to rise 7.1% by 2013 from 5.6% in 2011, which will foster growth in the real estate sector, according to the experts of International Monetary Fund.

China Shanghai Changes Housing Tax

China - The Shanghai city government is offering lower taxation for the average homepurchase after revising the standards of "ordinary" houses on Thursday.However, experts are cautious about whether the new standards will help "wait-and-see"homebuyers make a faster decision.

New Jersey real estate developers are aiming to hit the rental market

More than 2,000 apartments are to be constructed in New Jersey to hit the market by the end of this year.