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Property News

Location American Property News for 31 August 2016

Chinese Developers Pour Cash Into U.S. Real Estate

Wall Street Journal - 31 Aug 2016 05:21
Investment from China continues unabated as investors plow money into some of the highest-profile commercial developments.
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The home building boom in New Zealand is continuing to gather momentum with planning consents up 13% in the 12 months to July 2016, and up 2% month on month. p 52% in Bay of Plenty, up 37% in Waikato and up 21% in Otago....
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Dirty properties are a growing problem for letting agents and landlords in the UK with cleaning becoming the top cause of disputes and it is getting worse, new research suggests. The latest data from the Tenant Deposit S...
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Changing the mortgage deduction could be worth considering, says Mortgage Bankers Association CEO David Stevens.
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Real estate will be given its own investing class on Sept. 1, separating it from the gang within the financials.
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CoStar Group is using a reconnaissance plane to gather about twice as much construction data as its competitors.
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The rise came primarily from applications to refinance, which rose 4 percent for the week.
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Sales of million-dollar homes swoon

CNBC - 31 Aug 2016 12:30
It's not a correction, but the result of stock volatility and an oversupply of luxury homes.
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UK property prices up in August despite Brexit worries

Property Wire - 31 Aug 2016 11:28
House prices in the UK increased by 0.6% in August and are now 5.6% above a year ago, according to the latest index figures to be published. This continued growth takes the average price of a home to £206,145, the data ...
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Investors Pay $150 Million for Office Property in Miami

Wall Street Journal - 31 Aug 2016 00:54
An investment group has paid $150 million for a Miami office property in the latest sign that investor appetite continues to grow for commercial real estate in midsize cities.
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