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Property News

Location American Property News for 24 February 2016
Condo prices range from $490 per square foot to $68 per square foot.
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It's all about inventory, time on market, and price drops.
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New U.S. single-family home sales tumbled in January from a 10-month high as sales in the West region plunged.
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A very slight inch higher in interest rates caused a more than slight drop in mortgage application volume.
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Five years after earthquakes devastate the New Zealand city of Christchurch it has been announced that housing is now on track for a full recovery. Housing has been one of the most complex and challenging problems in the...
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London is often regarded as the powerhouse of the UK property market but new data shows that house purchase lending in the city fell in 2015 in comparison with the previous year. But remortgaging increased, according to ...
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Residential property sales in the UK fell by 2.8% between December 2015 and January 2016, according to the latest data published by HMRC, the UK’s taxman. However, the seasonally adjusted sales figure is 9.7% higher co...
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The prime residential property market in Italy has turned a corner with viewings and sales increasing in 2015, new research shows. The weak euro and a growing realisation that prices are at, or close to, their floor has ...
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Average rents in Scotland up 2.3% year on year

Property Wire - 24 Feb 2016 10:23
Average rents in Scotland increased by 2.3% year on year in January but remained static month on month at £548, according to the latest index figures. However, the average figure is being distorted by high increases in ...
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Anchors Away: Malls Lose More Big Department Store Tenants

Wall Street Journal - 24 Feb 2016 01:55
The rise of online shopping is battering the big department stores known as anchors that once lured shoppers to malls--leaving landlords with empty space and forcing them to undertake expensive overhauls to stay relevant...
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