Bond Market Inflation Pushes Short Term Mortgage Rates Up
The interest rates on short-term mortgages in Canada have jumped another fifth of a percentage point, due to inflationary pressures pushing up rates in the bond market.
Business & Finance
Supply Surpasses Demand in US Housing Market
The number of unsold newly built homes in the US hit a record high last month, as high property prices caused demand to slip.
Most Australian Companies Neglecting Real Estate Strategy
Three out of four private companies in Australia are unlikely to consider selling non-core real estate assets in 2006, according to a survey of 200 enterprises in the country.
Ontario Tenants Complain About Increasing Eviction Rates
Tenants rights advocates in Ontario are calling for swift government action after new statistics show a sharp increase in the number of evictions taking place in the province.
ING Plans Real Estate Fund in Mainland China
Holland-based global financial giant, ING Group has revealed that its subsidiary, ING Real Estate will be creating a special real estate fund in the second quarter of this year to invest in the rapid urbanization of mainland China.