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Shanghai Composite Erases Gains as Banks, Property Stocks Drop
May 28 (Bloomberg) — China’s stocks erased gains as banks and property developers dropped after Beijing News reported China Vanke Co. may cut apartment prices by up to 30 percent within three months and Xinhua said real estate policies in the local government level are “soft.”
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China Property Stocks to Rebound by End of Year, Lion Fund Says
May 28 (Bloomberg) — China’s property stocks , the worst- performing group this year, are unlikely to rebound until the third quarter when measures to curb the record growth in prices take effect, according to Lion Fund Management Co.’s Xia Junjie.
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Shanghai May Trial Property Tax Soon, Securities Times Reports
May 28 (Bloomberg) — Shanghai may soon begin trials of a property tax, the Securities Times reported today, citing an unidentified person. Details for collecting the tax will be discussed by the city government soon, the Shenzhen-based newspaper reported.
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PBC property values drop an average of 11.8 percent; Lake Worth takes 24.9 percent hit
PBC property values drop an average of 11.8 percent; Lake Worth takes 24.9 percent hit
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Lebanon County to add Pictometry for 3-D view of buildings, property
Aerial 3-D imaging of buildings and property is coming to Lebanon County as a tool to be used in the upcoming countywide reassessment and other applications.
Read more on The Patriot-News

Collier County property drop could force tax-rate increase or service cuts
Plummeting property values will cost Collier County 12.14 percent of its property tax revenue unless lawmakers raise the tax rate this year.
Read more on The News-Press

Oshkosh elementary school targeted in property damage spree
Windows were smashed on several cars, homes and an elementary school during a property damage spree on Oshkoshs west side Wednesday.
Read more on The Oshkosh Northwestern

Report: Property, Violent Crimes Drop by 5% in 2009
Crime rates declined in both violent and property crimes in the United States last year, according to the FBI’s Preliminary Annual Uniform Crime Report released today. Preliminary 2009 statistics …
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County property values drop
Dallas County’s preliminary tax roll fell by 4.6 percent this year, the largest drop in at least two decades, according to figures released Friday by the Dallas Central Appraisal District.
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China Property Stocks Drop on Curb Fears
Property stocks dropped in early Shanghai and Shenzhen trade after China’s Premier Wen Jiabao said the government will “decisively” contain excessively fast increases in home prices and the National Development and Reform Commission was reported to be considering more stringent measures to curb property speculation.
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Council members question sale of city property
BRIDGEPORT — Two City Council members are asking their fellow aldermen to investigate the sale of a former city-owned property on Monroe Street sold to the abutting property owners for only 0 although valued at nearly ,000.
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Code violations down, property values rise
Code violations are down in Lee County and property values on the rise. Scattered trash,and high grass, may soon be a thing of the past, now that banks are gaining ownership of foreclosed homes
Read more on WINK TV Southwest Florida

Properst Files for Bankruptcy on Property Market Drop (Update3)
Properst Co., the Japanese property developer that had Madonna promote high-rise apartment sales in central Tokyo, filed for bankruptcy protection as the credit crisis pushed condominium sales to almost two-decade lows.
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U.K. Commercial Property Prices May Decline, Biggest Funds Say
May 14 (Bloomberg) — U.K. commercial real estate prices may fall next year as investors’ enthusiasm for buying stores, offices and warehouses wanes, according to the managers of the country’s largest property mutual funds.
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