As it expands its global footprint, China seems out to literally change the geography of countries that are opening their doors to mega Chinese investments. Known for making everything from microchips to fireworks, it is now creating entire cities out of thin air.
Sales rose 2 % in October to a seasonally adjusted annual rate of 5.48 million, the National Association of Realtors said Tuesday
Prime Minister Justin Trudeau said C$40 billion ($31.5 billion) would be spent over 10 years under the plan, with some 300,000 low-income households given an average of C$2,500 ($1,967) a year to help them find affordable housing
The Reserve Bank of Australia's (RBA) head of financial stability, Jonathan Kearns, said foreign buyers accounted for around 10 to 15 % of new construction
Bordeaux, which has a population of about 250,000, has “exploded with optimism and enthusiasm” in the last five years, said Michael Baynes, an executive partner of Maxwell-Baynes, the affiliate of Christie’s International Real Estate in southwestern France. He credited Bordeaux’s restaurants and its proximity to the beach and wine country, as well as the high-speed train.
The remarks from regulators at the People's Bank of China (PBOC), the Ministry of Housing and Urban-Rural Development (MHURD) and the Ministry of Land and Resources
Jamaica’s housing market was weakened by the 2008 global financial crisis. But it has been steadily improving over the last five years, particularly in the luxury sector, thanks in large part to an increase in tourism and the return of foreign buyers, real estate agents said.
A series of blockbuster land deals in Singapore this year signal the city-state’s property market is set to break out of its prolonged slump in 2018.
Compared with the July-September period, apartment prices were down 1 percent while single-family home prices were unchanged.
Housing and utility prices sank 5.4 percent from a year earlier last month, their biggest drop for at least several years, after falling 4.7 percent in September.
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