News

A welcome boost for the Pound – UK interest rates have fallen, but only by 0.5%, the minimum expected by analysts. Data out this morning also showed a surprise jump in house prices in January, which has helped give the Pound its best day in some weeks. Euro exchange rates are now at their best so […]

Cityscape, the International Real Estate Development and Investment Event sponsored by Cityscape Intelligence, is coming to a number of locations around the world in the coming months. Cityscape Abu Dhabi will be at the Abu Dhabi National Exhibition Centre from 19 – 22 April, 2009. Cityscape Asia is coming to Singapore in May and will

Property prices in Romania are expected to fall significantly in 2009, according to a number of local analysts. Property prices reached their high in July of 2008 and have fallen considerably since then. In the fourth quarter of 2008, some areas saw drops as much as 35-40 percent. Some property analysts and agents predict prices

The Australian government recently announced an AU$42 billion (£19 billion) stimulus plan as it attempts to aid the country’s economy. Wayne Swan, the country’s Treasurer, said that the government would invest $28.8 billion in schools, housing and roads, with another $12.7 billion as cash support for lower income families.   The central bank of Australia

The latest property news out of South Africa is a mixed bag, with some positives but still many uncertainties for the year to come. South Africa’s First National Bank (FNB) Residential Property Barometer indicates that there was a positive shift in the fourth quarter of 2008, but the long term prospects are still unclear.  

The French resort town of Val d’Isere is hosting the FIS Alpine World Championships, which run from February 3rd through February 15th. The the opening ceremonies take place on Monday, February 02, 2009 with the Women’s Super-G opening the skiing events on Tuesday. The men follow with their Super-G on Wednesday. Always the highlight of

The growth in passengers and cargo for airlines worldwide nearly came to a halt in 2008, according to the latest figures from the International Air Transport Association (IATA). December saw a 22.6 percent drop in international air cargo from the same time a year earlier, a stunning drop. International passenger traffic for December had a

The most recent Canadian federal budget has several proposals to help home buyers. The most notable of these changes is an adjustment to the national Home Buyer’s Plan, and it is hoped that these changes will help to stimulate the national housing market.   The Canada Home Buyer’s plan was introduced in 1992 as a

Florida saw an increase in home sales during the month of December, mirroring a national trend. Low prices and foreclosures help to spur the sales increase in some areas, though the state has seen year over year increases in existing home sales for the past four months.   Existing home sales in Florida for December,

Despite the global economic downturn, Turkey’s tourism officials are betting on a good year in 2009. Tourism Minister Ertuğrul Günay said recently that Turkey can use the current situation to its advantage with low prices, great destinations and good promotions. The ministry expects an increase of 10 percent in 2009 over an estimated 26 million