The monthly FipeZap indicator showed commercial property prices dropped 0.45% in November from the prior month, extending year-to-date losses to 3.18%, the research group said.
Brazil's housing starts rose sharply in October in a sign that homebuilders believe the worst of Brazil's recession may be coming to an end, a real estate research report said on Tuesday.
Sales of Canadian homes fell 5.3 percent in November from October while prices kept rising, a report from the Canadian Real Estate Association showed on Thursday.
In an international restaurant in the centre of Beijing, diners are tucking into the self-service buffet of fish, noodles and dim sum.
One of the waitresses, 24-year-old Yilin, is working a late shift. She moved to the capital from the nearby province of Hebei three years ago.
As Nicaragua’s past political turmoil has faded in memory, the country has become a popular tourist spot and a second-home destination, according to real estate agents.
The real estate market “really opened up” from 2002 to 2004, when there was “tremendous growth for the country,” said Mr. Gutierrez of Sotheby’s. By 2006, “the market was booming,” he said.
Developers, including China Vanke, Soho China and Singapore's CapitaLand, are renting out property space that hordes of self-employed persons or small-sized companies then share, company executives said.
Meanwhile, real estate investment rose 6.5 percent over January to November from the same period a year earlier, and property sales area increased 24.3 percent, official data showed on Tuesday.
Norwegian housing prices will probably rise by between 9 and 11 percent in 2017 as low interest rates continue to spur demand, a real estate industry association predicted on Friday.
The 0.4% increase in national home prices topped economists' forecasts for a gain of 0.2%. Overall, prices were up in 13 of the survey's 21 markets.
The 2008 global economic downturn hit Cozumel hard, Ms. Edwards said. Real estate prices dropped about 35 percent, she said, but started to pick up about a year ago.
The United States economy “greatly affects” the Cozumel market, she added. “It’s still a buyer’s market, but it is rapidly changing.”
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