Monthly Archives: December 2010

New Home Sales | India’s New Home Sales Drop Up To 25% On Higher Rates, Knight Frank Says

India’s new home sales fell as muchas 25 percent after prices reached a record earlier this yearand aren’t expected to recover in the next six months followingsix interest rate increases, Knight Frank LLP said. “The first half of next year will be damp for home salesand prices,” Mumbai-based Anand Narayanan, national director ofresidential agency at the Indian unit of real-estate brokerageKnight    .. more …

Existing Home Sales | Pending Home Sales Surprisingly Climb Despite Foreclosure Stoppage

It was a surprise for the Real Estate and housing market. Pending sales in the US of existing homes rose in October. It came despite rising concerns that current problems in mortgage banks’ foreclosure processes might affect market activity. According to the National Association of Realtors’ (NAR) Pending Home Sales Index, pending sales of existing US homes rose to 89.3 in October, up by 10.4%    .. more …