UK property buyers should enter the market prudently and not rely on the government approving help schemes like a stamp duty holiday or deferred payments, according to a leading economist.

Consumers in the US are optimistic that real estate will recover sooner rather than later, according to a new survey.

Property affordability drops in Canada to the lowest level since the country entered a recession in 1990.

According to US President Bush, several methods offered as solutions to the US housing market would do more damage than harm.

In New Zealand, property at the high end is selling well.

Housing starts and building permits fell in the month of February signalling the continuation of housing slump in the US.

In a latest survey from the Wall Street Journal, the property market is holding back the economy in the US and most economists fear it has even further to fall.

According to Buffet, the United States is already in a recession. The effect on housing is bleak.

The general situation in Indonesia is not economically strong, with a global economic recession and high crude oil prices serving to push the country into deficit spending.

A stimulus package could be put together that would provide home buyers with a tax credit to help get surplus of houses off the market.

The numbers for the first two weeks of February show a significant drop in the number of sales in the Toronto property market.

Fed Reserve Chairman says that the housing market - along with the economy - is deteriorating, and home sales drop in fourth quarter.

According to the latest data, the largest urban cities in US are the hardest hit in foreclosure mess, including locations in California, Ohio, Florida and Michigan.

The economy is being helped by the commercial property boom happening in the US, but even that market is losing steam fast.

The Caribbean Islands will be facing slowdown in tourism if the US recession comes to pass, yet investors still see potential here.

Home equity loan default rate rises. With home values dropping in US, home owners see less available emergency or investment funds available to them.

As a way of protecting themselves, Canadian investors keep investment money for property market north of the border.

For first time in four years, the US economy lost jobs. This may encourage Fed to drop rates again.

The US economy grew for the last quarter in 2007, but only a mere 0.6 per cent. Housing slowdown and spending reduce growth.

The Mexican government has dropped its growth forecast for 2008. The reason is the US economic recession worries plaguing most of the world.

The US Federal Reserve cut interest rates to just 3 per cent, in the hope of keeping the US Economy from falling into recession.

The Federal Reserve sits down today to talk about potential for cutting interest rates again. Some believe that rate cut will drop below inflation numbers and help worldwide economic concerns lessen.

In State of the Union address, President Bush outlines economy as an uncertainty. He addresses growth concerns and more.

While many Asian markets and world cities do place highly, foreign investors still see US as good investment potential.

A US economic slowdown will not hurt Latin America as much as it would have just a decade ago, though some of the benefit of the region is waning.

Potential home buyers slow buying as property prices continue to fall in Ireland and UK.

With financial catastrophe seemingly waiting around every corner, it appears as though Morocco might be one of the all around good points.

Mexican inflation was less than expected, but inflation pressures are on central bank to make a rate cut in hopes of protecting Mexico's economy.

As part of the economic stimulus package, the amount of guarantees the Freddie Mac and Fannie Mae provide have been increased, but not all economists think this is a wise decision for housing market.

According to several investment experts and some world leaders, the worst is yet to come in the US economy and European investments.

As more bad news hits investors in the property market, first-time buyers start to get some bad news.

While the Western property markets are certainly in decline, it is not all gloom and doom in either the public or private sectors.

In an effort to calm storms as global markets plunge, the Federal Reserve in the US cuts its benchmark lending rate by 0.75 per cent yesterday.

Homebuilding saw huge drop in home building in December and the years poor construction news shows drop that hasn't been seen since past recessions.

While the US subprime lending crisis continues, third quarter reports say about 50 per cent of loans modified were subprime ARMs giving some relief.

As a way of safeguarding the country from the likely recession in the US, it is likely that the Bank of Canada will cut key interest rates today when it meets.

The potential US recession may offer benefits to the Canadian housing market as people look for the better opportunity across the border.

US President tries to keep the country from dropping into recession by calling for Congress to pass special package worth $140 billion.

Amidst fears of many bad things happening to the international property market in 2008, there do appear to be isolated bright spots.

California and Florida are very close to recession or may even be entering it, many economists are reporting. The cause stems from housing markets there. Other markets face recession too.

With conditions starting to improve slightly and different people stepping in to pick up the slack of a severe credit crunch in western property markets, it is possible that the world credit crunch might come to an end a lot sooner than people previously thought.

In spite of a small rise in prices in December, most economists believe that house prices will decline in 2008.

Fears of a recession loom over the US economy, and now, economic analysts are forecasting a decline in commercial property valuation and demand.