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Property news by Property Wire

Wed
Aug 20th
2008
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Australasia
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Date Item Title Hits
Wednesday, 19 March 2008 Australia property prices fall into recession 1038
Tuesday, 18 March 2008 Australian property owners to take another hit 343
Saturday, 15 March 2008 Interest rates may fall in Australia 284
Friday, 14 March 2008 First time buyers hit hard in New Zealand with tax increase 231
Thursday, 13 March 2008 Property loan approvals increase in Australia 253
 
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Australasia: Top Headline

Property bargain hunters start to seek out distressed sales in New ZealandProperty bargain hunters start to seek out distressed sales in New Zealand

A new breed of bargain hunters looking for distressed property sellers is emerging in New Zealand as the economic downturn continues to bite.

Recent Australasian news

Feature story

Real emerging property markets are to be found in South America

With the US and European property markets submerged in economic gloom it is only natural that shrewd property investors should look to other countries, indeed other continents, for the next big thing.

Company news

DIFC Report assesses progress towards GCC Monetary Union

The Dubai International Financial Centre (DIFC) today released a report assessing the progress being made by GCC countries to achieve the convergence criteria for a GCC Monetary Union (GMU) that were endorsed by the Supreme Council of the GCC at its 27th session held in Riyadh in 2006.

Forum Watch

Beware rose tinted spectacle syndrome as forums highlight property woes

If you speak to property professionals they often have funny stories and happy stories but it is the disaster stories that make the headlines and headlines are often taken at face value as the property forums show this week.

Currency watch

Dollar weakens against the Euro

The dollar weakened against the Euro after a 6 month high due to profit taking and rising commodities. Despite this little weakness, it is still expected that the dollar will regain its strength and continue its upward trend against all the major currencies.

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