Worldwide Web News Roundup
Goldie Hawn and Kurt Russell reduced the price of their Malibu house this week as it failed to find a buyer yet again.
The average UK house price is now 86 times higher than at the time of Queen Elizabeth II's coronation.
Former US homeowners, who lost their houses to foreclosure, are starting to re-enter the US property market, according to new reports.
Prime London rents rose for the first time in six months in April, according to Knight Frank.
Construction in the eurozone jumped by 12.4 per cent in March.
The surprising leap for the sector in a time of financial turmoil followed a month of decline, when activity decreased by 3.8 per cent, according to Eurostat.
Property investors were stunned earlier this year when an entire village went up for sale in France for just €330,000, generating a flurry of media attention.
The world's tallest tower opened to the public in Tokyo today.
After recent years of booming growth, Brazil's economy is cooling down, with economic activity declining for the third month in a row in March.
Investors in Mallorca are increasingly choosing to try before their buy, an agent has found.
The UK housing market slowed down in April as demand for property dropped, according to the National Association of Estate Agents.
Turkey's tourist industry is booming as Arabs are attracted by the country's recently approved investment law.
Property in Hungary is a "wise choice" for investors in 2012, according to investment firm Knight Knox International.
Gross mortgage lending fell by 20 per cent in April, according to the Council of Mortgage Lenders.
The CML's latest estimates suggest that lending declined to £10.2 billion last month following a surge in activity driven by the end of the stamp duty holiday.
Thailand saw some dark days last year, when the worst floods in 50 years killed 600 people and devastated large sectors of industry.
But with $11bn set aside to help prevent a repeat and improved water management, things are looking better for the future.
The Bank of Mum and Dad is now paying out almost £39,000 to children's first homes, according to PrimeLocation.com.
A new French property development sold out, surpassing expectations, according to A Place in the Sun.
A New York apartment broke sales records this weekend, selling for over $90 million - the highest price ever paid for a flat in Manhattan.
The government's NewBuy scheme has notched up 400 reservations already, according to the Home Builders Federation, leading them to declare the scheme an "early success".
Celine Dion has listed her house for sale - and at 24,000 square feet in size, her private island home really is a titanic piece of real estate.
Rising energy costs in the UK are hitting tenants the hardest, according RICS, with research revealing that private tenants are more likely to face higher bills than homeowners.