International Business News - Real Estate http://hk.ibtimes.com/subsection/personalfinance/realestate.htm All articles are copyrighted by IBTimes.com 400 100 http://hk.ibtimes.com/ http://hk.ibtimes.com/images/top_logo_ibt2_3.gif The Hong Kong Buildings Department approved 33 building plans in June - 16 on Hong Kong Island, nine in Kowloon and eight in the New Territories. The declared cost of the new buildings completed in June totalled about $1.9 billion. http://hk.ibtimes.com/data/articleimgs/2821-.jpg http://hk.ibtimes.com/articles/20080725/building-plans-approved-june.htm http://hk.ibtimes.com/articles/20080725/building-plans-approved-june.htm Fri, 25 Jul 2008 10:00:20 EDT Real estate prices have taken a tumble in the most favored vacation and retirement home markets. http://hk.ibtimes.com/articles/20080712/tips-retirement-home-buyer.htm Sat, 12 Jul 2008 16:52:46 EDT June saw 11,876 flat sale and purchase pacts, up 17.1% on May but down 0.9% on a year earlier, the Hong Kong Land Registry says. http://hk.ibtimes.com/data/articleimgs/2584-.jpg http://hk.ibtimes.com/articles/20080705/flat-sales-rise.htm http://hk.ibtimes.com/articles/20080705/flat-sales-rise.htm Sat, 05 Jul 2008 10:33:21 EDT There were 75,320 sale and purchase agreements for all types of building units registered in the first half of the year, the Hong Kong Land Registry says, up 18.6% on the same period last year and down 8.4% on the second half of 2007. http://hk.ibtimes.com/data/articleimgs/2570-.jpg http://hk.ibtimes.com/articles/20080705/building-unit-sales.htm http://hk.ibtimes.com/articles/20080705/building-unit-sales.htm Sat, 05 Jul 2008 10:33:21 EDT Hong Kong new mortgage loans drawn down in May fell 15.3% to $17.2 billion, while new loans approved dropped 11.4% to $21.4 billion, the Monetary Authority says. http://hk.ibtimes.com/articles/20080626/mortgage-loan-fall.htm Thu, 26 Jun 2008 11:00:59 EDT No matter who's measuring, the results are the same: Housing prices are tumbling at the sharpest rates ever with a bottom still at least a year away, economists say. http://hk.ibtimes.com/articles/20080625/home-tumble-april.htm Wed, 25 Jun 2008 11:39:59 EDT The Hong Kong Government Property Agency is inviting bids for the purchase of seven flats together with seven car-parking spaces which are former government quarters located at Happy Valley and Jardine's Lookout. The tender will close at noon on July 4. http://hk.ibtimes.com/articles/20080613/bids-government-flats.htm Fri, 13 Jun 2008 16:44:16 EDT Pending home sales unexpectedly rose in April to the highest reading since October, an industry group said Monday, but experts say the large proportion of distressed property sales will continue to weigh down prices. http://hk.ibtimes.com/data/articleimgs/2225-nar-us-pending-home-sales-move-higher-in-april.jpg http://hk.ibtimes.com/articles/20080610/nar.htm http://hk.ibtimes.com/articles/20080610/nar.htm Tue, 10 Jun 2008 09:31:24 EDT The Lands Department issued two consents for residential units in May, involving 673 uncompleted units in Sham Shui Po and Ho Man Tin, due for completion in February and July 2009. http://hk.ibtimes.com/articles/20080606/consents-units.htm Fri, 06 Jun 2008 11:28:49 EDT May saw 10,138 flat sale and purchase agreements received for registration, down 7.4% on April and 22.6% on a year earlier, the Land Registry says. http://hk.ibtimes.com/articles/20080603/flat-sale.htm Tue, 03 Jun 2008 20:11:58 EDT A leading British mortgage lender says that house prices fell 2.5 percent in May. That is the largest monthly fall since Nationwide began tracking house prices in 1991. http://hk.ibtimes.com/articles/20080529/british-house.htm Thu, 29 May 2008 15:28:39 EDT A real estate investment group has agreed to pay nearly $1.5 billion in cash for four Manhattan office towers, including the landmark General Motors building on Fifth Avenue from New York developer Harry Macklowe. http://hk.ibtimes.com/data/articleimgs/2088-group-to-pay-1-5-billion-for-gm-building-3-other-towers.jpg http://hk.ibtimes.com/articles/20080527/.htm http://hk.ibtimes.com/articles/20080527/.htm Tue, 27 May 2008 09:42:46 EDT Like spring flowers, the "For Sale" signs are sprouting in front yards all over the country. But anxious sellers are facing the most brutal environment in decades, with a slumping economy, falling home prices and rising mortgage foreclosures. http://hk.ibtimes.com/data/articleimgs/2084-plenty-of-for-sale-signs-but-actual-sales-lagging.jpg http://hk.ibtimes.com/articles/20080526/house.htm http://hk.ibtimes.com/articles/20080526/house.htm Mon, 26 May 2008 17:42:57 EDT Rates on 30-year mortgages edged down this week to their lowest point in a month, a spot of welcome news to would-be home buyers. http://hk.ibtimes.com/articles/20080516/mortgage-rates-dip.htm Fri, 16 May 2008 14:12:04 EDT More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday. http://hk.ibtimes.com/data/articleimgs/2001-.jpg http://hk.ibtimes.com/articles/20080516/foreclosure-filings-april.htm http://hk.ibtimes.com/articles/20080516/foreclosure-filings-april.htm Fri, 16 May 2008 14:10:04 EDT The Lands Department issued two consents for residential units and one for a commercial development in April. http://hk.ibtimes.com/articles/20080508/hong-kong-flats.htm Thu, 08 May 2008 10:35:17 EDT Bovis said that homebuyers were becoming more cautious thanks to "negative developments" in the mortgage market, with less mortgages being granted and higher interest rates and fees for those that are. http://hk.ibtimes.com/articles/20080507/bovis-039-expectations.htm Wed, 07 May 2008 14:44:00 EDT April saw 10,945 sale and purchase agreements for all types of building units received for registration. The Land Registry said the figure was down 0.4% on March and 0.3% on April last year. http://hk.ibtimes.com/articles/20080506/hong-kong-building-sales.htm Tue, 06 May 2008 11:30:17 EDT The task force will be headed by prosecutors in the Eastern District of New York, where one of the nation's top mortgage lenders went bankrupt last year. http://hk.ibtimes.com/articles/20080506/fed-task.htm Tue, 06 May 2008 08:45:20 EDT The 130-acre property was exactly what Michel Guite and his family wanted: an old Vermont farm with mountain views, rolling hills and meadows. http://hk.ibtimes.com/data/articleimgs/1862-old-cemetery-poses-grave-dilemma-for-buyers-of-vt-farm.jpg http://hk.ibtimes.com/articles/20080506/old-cemetery.htm http://hk.ibtimes.com/articles/20080506/old-cemetery.htm Tue, 06 May 2008 08:45:20 EDT