Real Estate

• Monday, April 4th 2011 - 04:12 UTC

  Russian billionaire pays 100 million USD for mansion in San Francisco

  

  Russian billionaire has paid 100 million US dollars for a mansion in the United States, one of the most expensive single-family homes sold in the country.

• Wednesday, March 30th 2011 - 05:17 UTC

  Uruguay’s farmland price jumped eight times from 2002 to 2010

  

  The number of farmland transactions and the price per hectare were up in Uruguay during 2010 according to a release from Uruguay’s Agriculture and Livestock Ministry Statistics Department, DIEA.

• Thursday, March 24th 2011 - 18:27 UTC

  US homes market faces challenging 2011 as sales plunge to new lows

  

  United States sales of new homes fell 16.9% last month compared with January and by a whopping 28% from the level of February 2010, the U.S. Commerce Department said. The February 2011 figure represents an annualized rate of 250,000 new home sales. Analysts had expected an annualized rate of 290,000.

• Thursday, March 17th 2011 - 18:04 UTC

  China will finance and build 20.000 housing units in Venezuela

  

  Venezuela signed an agreement with Chinese companies Citic Group and Industrial & Commercial Bank of China Ltd. to negotiate a 4 billion US dollars loan to finance oil and construction projects, President Hugo Chavez said in Caracas.

• Thursday, March 17th 2011 - 17:41 UTC

  Brazil real estate boom: 9.1m middle class families plan to buy in next 12 months

  

  A total of 9.1 million families plan to buy real estate in Brazil over the next 12 months which is a huge increase since the Minha Casa Minha Vida (My House, My Life) program was introduced in 2009

• Thursday, March 17th 2011 - 07:36 UTC

  World Bank loan to improve quality of life in Rio do Janeiro’s favelas

  

  Some two million people who live in informal low income settlements (favelas) in the Rio de Janeiro Metropolitan Region, Brazil, will be benefiting from a 485 million US dollars development policy loan for the Metropolitan and Housing Project approved by the World Bank.

• Thursday, February 10th 2011 - 01:06 UTC

  Hong Kong residential property the “most expensive in the world”

  

  The Global Cities Survey, published by Savills PLC, reported last week that Hong Kong residential property is now the most expensive in the world. Based on the property price index contained in the survey, residential property in Hong Kong is 55% more expensive than property in London.

• Sunday, January 30th 2011 - 21:02 UTC

  Chinese Mega City For 42 Million People

  

  Chinese city planners have announced a plan to merge cities surrounding the Pearl River Delta to create the world’s largest metropolis with 42 million people

• Thursday, January 27th 2011 - 18:31 UTC

  Sales of Homes in the US show Signs of Recovery

  

  The number of newly signed sale contracts on existing United States homes registered another increase in December, beating analysts' expectations.

• Wednesday, January 26th 2011 - 18:25 UTC

  United States House Prices Drop for the Fifth Consecutive Month

  

  United States family home prices, fell for a fifth straight month in November and could reach new lows soon, a closely watched survey showed on Tuesday.