News

While news from New Zealand indicates the overall market is fairly quiet, homes at the high end of the spectrum are selling as well as they ever have. The New Zealand Herald reports that the most recent confidence survey released by BNZ chief economist Tony Alexander showed that the housing sector is slowing, but high […]

Specialist Foreign Currency dealers Moneycorp report Sterling started last week at the psychologically important $2 level. It was not until Thursday that investors made up their minds to take it higher against the ailing Dollar. By this Monday’s London opening it had recovered to $2.0250. The Dollar added another week of underperformance to the four

The island of New Holland in the northeast Russian city of St. Petersburg was created by the convergence of two canals constructed by Peter the Great in 1721. For many years it has stood silent and underutilized, shrouded in mists and secrecy. Now, it is on its way to becoming a major redevelopment story in

The Central American country of Belize, which has been a hidden retreat for the most die-hard adventurers and nature lovers, is showing signs of moving into the mainstream. Several new construction projects are either under way or planned for the former British Honduras. According to the International Herald Tribune, the new projects include the Smuggler’s

The tide could well be turning for US real estate as International Real Estate buyers slowly turn their heads towards the US. Overseas property portal Homesgofast.com and National Association of Realtors report that overseas investors are increasingly in search of US real estate bargains.   UK and European buyers are spoilt for choice when searching

Canada House prices have shown signs of a continued strength despite  worries across the border in the United States. The Canadian Real Estate Association (CREA) has predicted record numbers of sales for 2007 and increasing prices for existing houses. With the rising prices, many people are looking to invest in property, either to build now

On an abandoned Soviet airfield in the town of Oranienburg, about 30 km north of Berlin, local authorities are looking to create their own Chinatown like the ethnic enclaves located in San Francisco, Paris, London and other cities.   Mayor Hans-Joachim Laesicke told the AFP that “People will work here, live here and at the

The boom that has been the housing market in Spain is starting to slow down, according to many analysts and news reports, including one recently issued by Reuters. The slowdown in price growth will actually make overseas property buyers in Spain more attractive especially to the British and Germans who make a large percentage of

Housing prices in Europe have been rising at a tremendous pace over the past five years, and Spain has led the way. According to a recent report in the Guardian Newspaper, prices for Spanish housing have doubled from 2001 to the end of 2006. ( Property For Sale Spain )This information comes from research that

The dollar fell to an all-time low against the Euro, passing $1.40 to one Euro on September 20th. It is also on par with the Canadian dollar for the first time in 30 years. The US Federal Interest Board lowered interest rates by one half a percentage point earlier in the week to 4.75% to