Africa Housing Market Downturn News

Africa Housing Market Downturn News is an EIN News Service for real estate professionals. Constantly updated news and information about Africa Real Estate.

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Dubai realty seen to face price falls 29 Nov 2009 17:12 GMT
... directly impact population outflows and result in housing oversupply.” State-run Dubai World had $59 billion ... with actual supply delivered to be toned downwards, given the slowdown in construction and underlying liquidity issues, Kapadia ...
Egypt Trust Half-yearly Report 30 Nov 2009 19:35 GMT
... the portfolio now constitute 53.48% of NAV, down from 61.6% at the end of March ... economy. On the fiscal side, the global slow down has caused government revenues to fall ... 5,739,576 7.94 Real estate EGP 300,000 Heliopolis Housing & Dev SA 4,639,377 2,176,118 3.01 EGP ...
Dubai's Debt Problems Could Send Property Prices Down 20-30 Percent 1 Dec 2009 16:15 GMT
... on this, see the following article from Property prices in Dubai which had been recovering ... talking about a 20 to 30% further slump in prices. This would be on top of price ... directly impact population outflows and result in housing oversupply,’ said Saud Masud, head of research ...
UAE markets seen limit down' on Monday open 29 Nov 2009 14:13 GMT
... past six months? UAE markets seen 'limit down' on Monday open Last Updated: November 29. 2009 5:38PM ... debt standstill for two flagship firms. Banks, property and construction firms will stand in the ... directly impact population outflows and result in housing oversupply.� Banks will face pressure as investors ...
Dubai's property market likely to face further price falls on debt crisis 29 Nov 2009 13:32 GMT
... directly impact population outflows and result in housing oversupply." State-run Dubai World had $59 billion ... with actual supply delivered to be toned downwards, given the slowdown in construction and underlying liquidity issues, Kapadia ...
UAE markets seen 'limit down' on Monday open 29 Nov 2009 13:10 GMT
... debt standstill for two flagship firms. Banks, property and construction firms will stand in the ... "We are probably going to see limit down, unless some sort of clarification of a plan ... directly impact population outflows and result in housing oversupply." ...
Retire at home or abroad in grand style 30 Nov 2009 13:29 GMT
... quiet revolution is taking place in retirement housing. In a volte face from the granny ... a large extent, defied the global economic downturn. Three new retirement villages illustrate the buoyancy ... on the "Egyptian Riviera", with its mountainous backdrop and everything on offer from golf, horse ...
Guinea's leader flown to Morocco for medical treatment following assassination attempt 4 Dec 2009 14:55 GMT
... condition from a head wound. A retired diplomat, who also asked that his name not ... was shot while at a military camp housing hundreds of men under Toumba's control, Cherif ... confront Toumba after Toumba went to a downtown police station and released officers that were ...
Guinea's wounded president flown to Morocco 4 Dec 2009 13:32 GMT
... condition from a head wound. A retired diplomat, who also asked that his name not ... was shot while at a military camp housing hundreds of men under Toumba's control, Cherif ... confront Toumba after Toumba went to a downtown police station and released officers that were ...
Wounded Guinea President To Be Treated In Morocco 4 Dec 2009 17:04 GMT
... condition from a head wound. A retired diplomat, who also asked that his name not ... was shot while at a military camp housing hundreds of men under Toumba's control, Cherif ... confront Toumba after Toumba went to a downtown police station and released officers that were ...
Guinea's wounded president flown to Morocco 4 Dec 2009 13:32 GMT
... condition from a head wound. A retired diplomat, who also asked that his name not ... 45-year-old Camara was shot while at a housing hundreds of men under Toumba's control, Cherif ... confront Toumba after Toumba went to a downtown police station and released officers that were ...
Nigeria's bank crisis and the limits of Sanusi's capitalist reforms 4 Dec 2009 17:42 GMT
... is clear that it is just like building a skyscraper on a quicksand foundation – ... capitalist economy – which led to the downward spiralling of crude oil prices (which were ... free, quality education and healthcare; public mass housing, an integrated transport system (road, rail, air ...
Africa: Women, violence and criminalization of HIV/Aids in Africa 6 Dec 2009 11:41 GMT
... extremely effective and affordable as interventions for slowing down the HIV/AIDS pandemic. With the assumption that ... turned away from health care services, denied housing and employment. HIV-positive women and girls have ...
Veil's spread fans Egypt's fear of hard-line Islam 2 Dec 2009 20:42 GMT
... teaching job. But she refuses to back down. "Al-Azhar has no authority over me," she said. ... many trace its spread to Egyptians returning home from work in the kingdom and to ... suing the government for denying them subsidized housing in the dorms. One of them is ...
Veil's spread fans Egypt's ... 6 Dec 2009 05:14 GMT
... teaching job. But she refuses to back down. "Al-Azhar has no authority over me," she said. ... many trace its spread to Egyptians returning home from work in the kingdom and to ... suing the government for denying them subsidized housing in the dorms. One of them is ...

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Pictures of the Day

reuters.com:
Quarter in U.S. Foreclosure Plan Late on Payments
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The Success of Obama's Strategy Depends on A Very Shaky Pakistan (Joe Rothstein's Commentary) [05 Dec 2009 - 02:57]
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Buying and Selling News

Pending Home Sales Best In 3 1/2 Years As Factories Expand and China's Reluctance To Let Yuan Rise Is Mixed Bag For U.S. [08 Dec 2009 - 03:33]
The Winnipeg real estate market recorded its second-best November for home sales in the organization's 106-year-history. [08 Dec 2009 - 02:06]
Jamie Oliver enjoys tasty home sales [08 Dec 2009 - 00:34]
Ireland - Lakeside Home with Private Marina for Sale [07 Dec 2009 - 23:10]
C.A.R. Reports October Home Sales Increased 1%; Median Home Price Declined 3.2% [07 Dec 2009 - 23:08]

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Housing Market News

MPs go to war over public housing plans [08 Dec 2009 - 05:13]
Dec. 07: Transactions, foreclosures, etc. [08 Dec 2009 - 05:12]
Never missed a mortgage payment and still facing foreclosure [08 Dec 2009 - 05:12]
Home prices dive [08 Dec 2009 - 04:56]
Peel residents get hand with housing market [08 Dec 2009 - 04:37]

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Institutions News

Buyers Protection completes acquisition of 2 LandAmerica units [07 Dec 2009 - 23:57]
Federal Housing Administration's condo financing rules already scuttling projects [07 Dec 2009 - 23:35]
Raleigh Regional Association Of REALTORS® Names Hall of Fame Award Recipients [07 Dec 2009 - 18:34]
Buyers Protection Group in LandAmerica deal [07 Dec 2009 - 16:37]
South Florida Green Realty Realtor® Achieves National Association of Realtors® Green Designation [07 Dec 2009 - 10:16]

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Mortgage Lenders News

Fannie Mae to redeem about $265M of securities [08 Dec 2009 - 01:23]
Bank of America says 600,000 mortgages modified [08 Dec 2009 - 01:01]
Bank of America says it modified 600,000 mortgages since January 2008 [07 Dec 2009 - 20:10]
Bank of America says 600,000 mortgages modified [07 Dec 2009 - 20:07]
Freddie Mac, FHLB, Fannie Mae 2009, 2010 note calendar [07 Dec 2009 - 16:42]

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Property Developers News

Agile Property obtains US$150-mln loan from HSBC [07 Dec 2009 - 07:31]
Bellway warns housing market remains weak [05 Dec 2009 - 10:14]
Builder Bellway finding it tough in the North [05 Dec 2009 - 07:31]
Bellway blames dull sales on lending dearth [05 Dec 2009 - 04:30]
Bellway optimistic as reservations soar [05 Dec 2009 - 01:34]

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Real Estate Brokers News

Coldwell Banker Caine buys Greer-based ERA Riverside [07 Dec 2009 - 20:39]
Coldwell Banker Residential Brokerage Agent Named South Bay Chinese Women Association's Businesswoman of the Year [07 Dec 2009 - 20:11]
Eddie Sharp Racing's Justin Lofton Earns 2009 ARCA RE/MAX Series Championship: Honored at Championship Awards Banquet [07 Dec 2009 - 15:41]
RedFin Network Launches New Website [07 Dec 2009 - 06:50]
Liniger created unique real estate model with Re/Max [07 Dec 2009 - 06:32]

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Real Estate Financing News

Ellington's Vranos to bet $208M IPO on mortgage bonds [08 Dec 2009 - 04:31]
SEC accuses 3 ex-New Century executives of fraud over subprime mortgage collapse [08 Dec 2009 - 03:15]
Difference between Second Mortgage and Home Equity Loan [07 Dec 2009 - 22:14]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust [07 Dec 2009 - 21:29]
IAT Air Cargo Facilities Income Fund announces unitholder approval of proposed combination with Huntingdon Real Estate Investment Trust (CNW) [07 Dec 2009 - 21:28]

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Real Estate Miscellaneous News

Mortgage execs face fraud charges [08 Dec 2009 - 04:56]
Richmond landlord held in tenant's stabbing death [08 Dec 2009 - 02:06]
Herman Miller's Embody Chair Receives FX International Interior Design Award [08 Dec 2009 - 01:18]
Court upholds sentence in mortgage fraud [08 Dec 2009 - 01:00]
Weak Real Estate Market Has Many Paying Less Property Tax This Year [07 Dec 2009 - 23:32]

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