UPDATE:Dubai Property Prices Fall 4% In 2Q Vs 1Q; +7% On Year

Posted by property | Posted in Real Estate | Posted on 01-08-2010-05-2008

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UPDATE:Dubai Property Prices Fall 4% In 2Q Vs 1Q; +7% On Year
(Adds details, background.) DUBAI (Zawya Dow Jones)–Dubai property prices fell 4% during the second quarter of 2010, compared with the first three months of the year, the first quarter-on-quarter contraction in 12 months, U.K.-based real-estate consultancy Colliers International said Sunday.
Read more on Zawya

Property prices start recovery

Posted by property | Posted in Real Estate | Posted on 28-07-2010-05-2008

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Property prices start recovery
Property pprices rose by 0.38 per cent in the first quarter this year, compared to the corresponding period last year. The National Statistics Office said the rise primarily reflected an increase of 2.08 per cent in the apartments index. The price of maisonettes fell by 0.22 per cent.
Read more on Times of Malta

Property firms oppose gov’t plan to tweak REIT law
MANILA, Philippines – Property developers are opposing plans by the government to amend the real estate investment trust (REIT) law, saying its long-term benefits far outweigh its short-term impact on tax revenues.
Read more on ABS-CBNNEWS.com

Property values rise county-wide
Higher property values throughout Wharton County should mean more revenue for most taxing districts, but it could be weeks before taxpayers will know the effect on their bills.
Read more on El Campo Leader-News

Property values decline slightly
St. Helena property values fell for the first time in decades in 2010-2011, but only by a fraction of a percent. According to Assessor John Tuteur, St. Helena’s assessment roll declined by 0.27 percent last year.
Read more on The St. Helena Star

Developers cut property prices to jumpstart sales

Posted by property | Posted in Real Estate | Posted on 27-07-2010-05-2008

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Developers cut property prices to jumpstart sales
More property developers have began to cut prices and adjust their business portfolios to cope with sluggish transaction numbers due to government tightening of the real estate sector.
Read more on People’s Daily

Property Taxes for Melrose and Ellington Townships
Quincy resident says newer properties incorporated in Quincy’s city limits since 1999 are overpaying property taxes.
Read more on KHQA Tri-States

Property prices down 4.2% – report

Posted by property | Posted in Real Estate | Posted on 13-07-2010-05-2008

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Property prices down 4.2% – report
A report from a property website shows that asking prices for homes fell by 4.2% during the second quarter of this year.
Read more on RTE News

KLCC Property wants single tenant for Lot C office building
KLCC Property Holdings Bhd (5089) is looking to secure a single tenant for its 840,000 net lettable sq ft Prime A office space at the Lot C development, located next to the Suria KLCC shopping centre. “We are in discussions with a party,” KLCC Property director Datuk Manharlal Ratilal told reporters after its annual general meeting in Kuala Lumpur yesterday. He declined to elaborate. Lot C’s …
Read more on Business Times

Property group wants input on ballot language
Members of Marshall County Citizens for Property Rights told county commissioners Thursday they want input in wording for the ballot for the repeal of “home rule.” They say the measure passed in 2006 because wording on the ballot then did not paint an accurate picture of what home rule entailed.
Read more on The Arab Tribune

China property prices fall on month as curbs bite

Posted by property | Posted in Real Estate | Posted on 13-07-2010-05-2008

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China property prices fall on month as curbs bite
BEIJING, July 12 — Chinese property prices in June recorded their first monthly fall since February 2009, providing further evidence that a government drive to let the air out of an inflated market is working. Average prices in 70 cities edged down 0.1 per cent from May, lowering the annual property inflation rate to 11.4 per cent in June from …
Read more on The Malaysian Insider

California property tax assessments are lower for second straight year
If you own a home in California, chances are the assessed value of your property just dropped.
Read more on McClatchy Washington Bureau

China’s property prices slow in June

Posted by property | Posted in Real Estate | Posted on 13-07-2010-05-2008

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China’s property prices slow in June
BEIJING: Property prices in China rose at a slower pace in June from a month ago, government data showed, in a further sign that Beijing’s efforts to cool the sizzling real estate market were kicking in.
Read more on The Borneo Post

China’s property prices slow in June

Posted by property | Posted in Real Estate | Posted on 12-07-2010-05-2008

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China’s property prices slow in June
Property prices in China rose at a slower pace in June from a month ago, government data showed Monday, in a further sign that Beijing’s efforts to cool the sizzling real estate market were kicking in.
Read more on AFP via Yahoo! News

Property Prices in China Grow at Slower Pace in June Than in April, May

Posted by property | Posted in Real Estate | Posted on 12-07-2010-05-2008

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Property Prices in China Grow at Slower Pace in June Than in April, May
China’s property prices in 70 cities rose 11.4 percent in June from a year earlier, according to a report in the statistic bureau’s newspaper, China Information News. That compares with 12.8 percent in April and 12.4 percent in May.
Read more on Bloomberg

Property values ease for second month
New Zealand property values eased for the second month in a row as people remained cautious about the property market as the country’s economic recovery falters, according to QV Valuations.
Read more on ShareChat

14. Minister: China property prices will fall before long

Posted by property | Posted in Real Estate | Posted on 06-07-2010-05-2008

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14. Minister: China property prices will fall before long
BEIJING: China’s property prices will fall within a few months as government steps to cool the real estate market bite, Land and Resources Minister Xu Shaoshi said.
Read more on The Star

Payout for property agent ‘asked to lie in court by boss’
A property lettings agent has won almost £20,000 from her former boss after a judge heard she had quit her job because she believed he wanted her to lie under oath. Jessica Uys was awarded the compensation payout after taking Harry Dhaliwal, owner of Belvoir Lettings’ Manchester Central franchise, to an employment tribunal.
Read more on Tameside Advertiser

Property prices continue to fall

Posted by property | Posted in Real Estate | Posted on 05-07-2010-05-2008

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Property prices continue to fall
HOUSE PRICES continued to fall in the second three months of the year, dipping almost 3.5 per cent to an average of €291,000, figures released at the weekend show.
Read more on The Irish Times

Property sector rethinks costs
Dubai The absence of sinking funds and exorbitant maintenance charges throughout Dubai could leave existing investors out of pocket and new ones thinking twice before buying.
Read more on Zawya

Property values climb in Yarra and Melbourne
THERE is good and bad news for home-owners in Fairfield, Collingwood and Alphington.
Read more on Leader Community Newspapers

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