News

End of stamp duty holiday encourages first-time buyers in UK

House sales edged up slightly during January as an increased number of first-time buyers looked to beat the stamp duty holiday, which expires in March, according to the latest RICS UK Housing Market survey published today( February 14th 2012) by the Royal Institution of Chartered Surveyors.

Empire State Building Owner Files for IPO

The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.

Interest rate cuts boost new home lending in Australia

Housing finance figures for December 2011 reveal that the November and December official interest rate cuts had a positive impact on home buyer confidence and new home lending in Australia, according to the Housing Industry Association, the voice of Australia’s residential building industry.