Property buyers wary of govt move
SOME 40 per cent of property buyers planned on expected increase in property prices as the government phases out subsidies, a recent iproperty.com study revealed. Another 38 per cent preferred to wait before making any purchases because they believe subsidies will not be phased out. The remainder expressed indecisiveness and intended to sell their assets, iproperty.com noted.
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Property values drop billion
MADISON The value of Wisconsin property dropped billion last year. A state Department of Revenue report released Friday says property value decline about 3 percent in 2009, the largest drop in at least a half century.
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Gemdale Shares Drop After Property Sales for First Seven Months Drop 42%
Gemdale Corp. , the best-performer among Shanghai property stocks in the last six months, said sales for the first seven months fell 42 percent as a government crackdown on speculation curbed home buyers’ appetite.
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China Vanke says property prices to fall -media
BEIJING, Aug 9 (Reuters) – Property prices in China’s major cities will fall later this year because of the government’s tightening campaign and a coming surge in housing supply, the country’s top listed developer said in comments published on Monday.
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AMB Property Corp. Reports Operating Results (10-Q)
By 10qk. AMB Property Corp. ( AMB ) filed Quarterly Report for the period ended 2010-06-30. Read more » »
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Atlantic Beach proposes same property tax rate with more budget trimming
ATLANTIC BEACH – Despite decreasing property values and a resultant drop in tax revenues, city officials plan to reduce spending and hold the property tax rate the same for 2010-11. Lower property values will mean a 0,000 reduction in property tax revenues, City Manager Jim Hanson said. So he’s proposing a .11 million budget for the fiscal year that begins Oct. 1. That’s .8 million less …
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Beijing Property Developers Are Now Slashing Prices In Order To Find Buyers
Chinese property companies have slashed selling prices by 15% in Beijing, in a bid to spur buying demand according to Chinese real estate research firm Centaline.
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Citizens Property Insurance governing board proposes 10% rate hike
Citizens Property Insurance governing board proposes 10% rate hike
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Property plays help China stocks rise 2.2pc
China’s key stock index rose 2.2 percent to its highest close in three weeks, buoyed by property stocks as investors gained confidence that property p…
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Lake property owner dissatisfied with efforts to control watermilfoil
As a waterfront property owner, I feel that Candlewood Lake has been grossly mismanaged with regard to the milfoil problem.
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Romneys again become Mass. property owners
Mitt Romney and his wife, Ann, are again Massachusetts property owners. A spokesman says the former Bay State governor and 2008 Republican presidential contender bought a two-bedroom townhouse in suburban Belmont last month. The Romneys paid 5,000 for the 2,100-square-foot property at The Woodlands at Belmont Hill, a residential development that is part of the redevelopment of McLean Hospital …
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Dubai World’s Nakheel property arm gets control of Limitless real estate unit in reshuffle
DUBAI, United Arab Emirates – The main property unit of Dubai World has been given control of another real estate company run by the indebted
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State waives property tax cap for Roseland budget
ROSELAND – Trenton has granted Roseland’s recent request to waive the 4-percent cap on property tax increases and allow the borough to balance its 2010 municipal budget by boosting property taxes 18 percent.
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