Sunday, 29 March 2026

News

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.

Investors: Be Smart About Your Property Insuranc

Property Insurance is one of those nuisance expenses you always see calculated into mortgage payments and cash flow projections. It's the second "I" in the acronym "PITI" (Principle, Interest, Taxes, Insurance), which most investors use to describe an overall monthly obligation on a property. While unexciting and usually begrudgingly paid, I would argue that property insurance is one of the most important components in a real estate transaction. Interestingly, I have found that even the m...

EDITOR'S PICKS

The world's most expensive office market: HK again

HK succeeds to be the most expensive office market, followed by London, according to the latest report of Office Space Across the World 2012 by Cushman & Wakefield.
By Staff Reporter
Meet Ekaterina Rybolovleva: She Has the Most Expensive New York City Pad

By now everyone should know about Russian heiress Ekaterina Rybolovleva. When a deal closed on an $88-million apartment on Wednesday, it was the most expensive apartment sold in New York City and she owns it.
By Staff Reporter
19-year-old Star Nick Jonas Rents in New York

Nick Jonas, a 19-year-old star, has leased a $23,000 per month apartment in New York's Chelsea neighborhood
By Staff Reporter
UK house price declines continued in February

House price continued to decline in February in UK, according to the latest House Price Sentiment Index (HPSI) reported by Knight Frank.
By Staff Reporter
OECD to Northern Europe: Raise Your Property Taxes!

The Organization for Economic Cooperation and Development released a report Tuesday calling on Germany to raise its property taxes dramatically. The group has also called on Denmark, Norway, and the U.K. to do the same.
By Staff Reporter
The Most Successful Realtors above $35 million

The ultra luxury segment of real estate market has remained fairly strong David Kramer The ultra luxury segment of real estate market has remained fairly strong despite the burst of the housing bubble.
By Staff Reporter
Ekaterina Rybolovleva Owns Most Expensive NYC Apartment; $88M Deal Closes

Ekaterina Rybolovleva, 22, now owns the most expensive apartment ever sold in New York City, after her billion father, Russian fertiliser magnate Dmitry Rybolovlev on Wednesday, closed the $88 million-deal for the Central Park West pad. He is said to be the 93rd richest man.
By Staff Reporter
UK's first amphibious house will be on the banks of the River Thames

The UK's first amphibious house will be built on the banks of the River Thames later this year. This imaginative architecture, designed by Baca Architects, has solved the threat of flooding.
By Staff Reporter
Rate on 30-year-mortgage remained 3.87% low record

The average 30-year fixed-rate mortgage has been at its all-time record-breaking low of 3.87 percent since the first week of February
By Staff Reporter
Foreign Real Estate Companies Decline in China

The number of new foreign property companies in Beijing dropped by 56 percent last year and217 firms quit the market, China National Radio reported on Thursday. The report attributed the changes to the government's measures to cool the real estate market,restricting the number of homes a family can buy and requiring higher down payments on homepurchases.
By Staff Reporter