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US New Home Sales Drop 12.4% to Record Low
New home sales fell to record lows in July as the real estate housing market in the US continued to suffer from a slow and fragile economy. Single-family home sales dropped a staggering 12.4 per cent to a 276,000 unit annual rate from a downwardly revised...
Financial crisis takes toll on Playboy, Hefner sells $25 million mansion
Playboy magazine founder, Hugh Hefner is reported to have sold his English Manor mansion Share
US Mortgage Fraud Cases Soar Dramatically
As property owners who are desperate to solve their mortgage problems Share
UK home repossessions soar by 50%
The number of homes repossessed in the UK soared by over 50 per cent Share
House prices collapse a record 19 per cent
US home prices fell at record rates in January, reaching a shocking 19 per cent Share
Dubai hit hard by financial crisis
Once the epicentre of global boom with skyscrapers rising into the sky like mushrooms, today Dubai resembles a hungover partygoer. Retail stores displaying “80% off” discount signs in their stores and talk on the street about companies repatriating...
