Archive for April, 2011

Bernanke’s ‘Transitory Inflation’ Claim Causes Stir with U.S. Consumers

The U.S. Federal Reserve’s debut press conference, given by Fed Chairman Ben Bernanke, addressed inflation expectations, and noted that policies would keep “transitory inflation” under control.

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Authorities Crack Down on Property Tax Bills in India

Unpaid property taxes are under careful scrutiny in India as a result of the boom in the real estate market. Cash transactions have also become more popular, making it more difficult for the tax laws to be enforced. Read more about this in the full article from PropertyWire

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House Prices Up in Columbia; Expected to Continue to Rise

Because of a peaceful transition to new leadership and positive economic prospects, house prices in Columbia were up in 2010. This increase is expected to continue this year, helped by Columbia’s investment rating upgrade last month. Read more about this in the full article by Global Property Guide…

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Small Business Sales Rise in Q1

A report by online marketplace BizBuySell.com states that first quarter transactions in the U.S.

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Developer in Dubai Stops Selling Real Estate

The state-backed developer, Nakheel of Dubai, has stopped selling real estate units, instead focusing on swap options and consolidations.

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Higher Value Added Tax May Hurt Czech Housing Market

If the proposed higher Value Added Tax (VAT) rate gets implemented in the Czech Republic, prices of unsold new flats in Prague would suffer.

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Pending Home Sales Jumped 5.1% in March

The National Association of Realtors report released Thursday morning stated that pending home sales jumped 5.1% in March. The number is 11.4% below year-end levels

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Free Trade Agreement with Panama May Benefit U.S. Business

International news media is reporting that there has been progress made on a long-awaited U.S. Free Trade Agreement with Panama

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China May Overtake U.S. Economy by 2016, Says IMF

China’s output will surpass that of the U.S. in 2016, according to a calculation by the International Monetary Fund (IMF). After the announcement was made, the IMF did soften its prediction in response to scrutiny.

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Real Estate Set to Rebound in Multi-Year Recovery

The manager of the Baron Real Estate Fund claims that real estate stocks are beginning a powerful rebound. The mutual fund has returned 8% in 2011, which is better than 82% of its Morningstar peers.

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