Business & Finance - Real Estate

US pending home sales fall in July despite lower mortgage rates

US pending home sales fall in July despite lower mortgage rates

WASHINGTON: Contracts to buy previously owned homes unexpectedly fell in July, according to a report on Thursday from the National Association of Realtors that suggested...

US home refinancing activity hits 3-year high

US home refinancing activity hits 3-year high

NEW YORK: US homeowners filed the most applications to refinance their current mortgages in over three years as 30-year borrowing costs slipped to their lowest...

Canada home prices rise 0.7pc in July

Canada home prices rise 0.7pc in July

OTTAWA: Canadian home prices climbed for a third straight time in July, rising 0.7% from June, but the index was lower than the month's 21-year...

US housing starts fall further, but permits at seven-month high

US housing starts fall further, but permits at seven-month high

WASHINGTON: US home building fell for a third straight month in July amid a steep decline in the construction of multi-family housing units, but a...

Australia’s home auction clearance rates stay firm

Australia’s home auction clearance rates stay firm

MELBOURNE: Australia's housing market has shown further signs of recovery, with the real estate industry experiencing improved auction demand at weekend auctions, although the number...

Indian banks pulled up by top court for ‘collusion’ with real estate firm

Indian banks pulled up by top court for ‘collusion’ with real estate firm

NEW DELHI/MUMBAI: India's top court on Tuesday said several banks had colluded with Amrapali Developers , one of India's largest real estate firms, in the...

Seasonal boost pushes Canadian home prices up 0.8pc in June

Seasonal boost pushes Canadian home prices up 0.8pc in June

OTTAWA: Canadian home prices rose 0.8% in June from the prior month, thanks to a seasonal boost, but the increase was lower than the 21-year...

London house prices fall at fastest rate in a decade

London house prices fall at fastest rate in a decade

LONDON: House prices in London fell at the fastest pace in almost 10 years in May, according to official data that also showed inflation hitting...

Canadian home sales fall for the first time in four months

Canadian home sales fall for the first time in four months

OTTAWA: Resales of Canadian homes fell 0.2% in June from the previous month, the Canadian Real Estate Association said on Monday in the first decline...

Italy to launch real estate plan this week, seeks 950mn euros

Italy to launch real estate plan this week, seeks 950mn euros

ROME: Italy will unveil a long-awaited plan this week to raise some 950 million euros ($1.07 billion) in 2019 from the sale and rent of...

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