For more than 7 years the Greater Metropolitan Toronto (GTA) region has witnessed a red-hot condominium real estate market and an unprecedented condominium construction boom. The record sales reached in 2007 are showing signs of slowing. Forecasts for 2008 Toronto real estate sales indicate that, over the short term, condominium prices may continue to rise, [...]

Life Insurance Corporation of India is reducing its exposure to real estate stocks, taking a cue from the banking regulator, the Reserve Bank of India (RBI), which has warned of an asset bubble building up in the sector.
�We have taken a conscious decision to go slow on the real estate industry as we think at [...]

According to Beth Collingz, of PLC International Marketing Networks, a Lead Marketing Partner with Pacific Concord Properties Inc., whom have Condotel developments in Metro Manila and Cebu, and specializes in working with international clients: “Since the UK Pound Sterling hit 94:1 on the Philippine Peso, my phone has been very busy with buyers from the [...]

The Condo Hotel concept is attractive to many who are interested in investing their hard earned pennies in real estate. One type of condotel purchaser is someone seeking a vacation place, but due to the limited amount of time they anticipate being able to spend there, buying a traditional condominium would not seem an economically [...]

Southern California’s residential real estate market continued its wayward course in March with the median price reaching another record while sales declined to a 10-year low for that month, a market tracker said this week.
Last month the median price of a home in the six-county region rose an annual 4.6 percent to $505,000, said La [...]

Three disadvantaged families in Hawaii are experiencing culture shock, but aren’t complaining.
They’ve made a sudden move into the lifestyles of the rich and famous.
Dorie-Ann and her five daughters greeted their benefactor outside the nearly $5 million Oahu mansion that will now be their home.
Japanese real estate mogul Genshiro Kawamoto is opening eight of his mansions [...]

In a highly anticipated real estate environment – also seen as the government’s “investment” plan leading up to the election – buyers will finally be able to take advantage of the mortgage system. Waiting for its day on Parliament’s agenda for the past 15 months, the mortgage bill is expected to finally pass this week. [...]

If you’re rich and house hunting, here’s what happens when you locate the castle of your dreams: you ask the seller to pull it off of the Multiple Listing Service.
Your motive: not wanting the county tax appraiser to learn the price of your new digs.
It’s an increasingly popular technique in San Antonio’s wealthy enclaves [...]

Land prices are soaring, ordinary citizens are taking out loans just to grab some of the available real estate, and the government has taken measures to prevent the situation from spiraling out of control.
Yes, South Korea is now in the midst of an asset-inflated “bubble economy” like the one Japan experienced in the 1980s and [...]

The South Korean government will require private builders to disclose their costs for the construction of new apartments starting September in an effort to rein in high-flying housing prices, officials said Thursday.
The country has been plagued by soaring property prices, which some analysts say border on a price bubble that could burst at any time [...]

Willow Lake Apartments are going condo - with an affordable twist.
Newly formed Esperanza LLC will sell its newly acquired 218 units at 2500 10th Ave. N. for rock-bottom prices starting at $109,900.
Local prices for condo conversions have frequently started at above $200,000.
Lennard Kligler, one of two businessmen behind the $13.5 million purchase, said in a [...]

While residential real estate prices have turned south in much of the United States, Portland’s housing stock continues to appreciate, and by double-digit percentages.
Why? Young families looking for hip, yet livable, places. Retirees following their kids around. Wads of cash inherited from the World War II generation. Tight supplies caused by the planning and zoning [...]