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TheMoveChannel.com Property News

Welcome to TheMoveChannel.com News Homepage, where you can keep up with all the latest international property news, covering a range of property investment, real estate industry and personal finance news topics. If you like our news, why not sign up to one of our newsletters or RSS feeds and read it every day!

Property News

Yes we Cannes: French property's festival frenzy

Author: Ivan Radford
May means one thing for France: the Cannes Film Festival. Every year, Hollywood's rich and famous descend upon the Croisette to walk red carpets, pose for photos and sign autographs for clamouring fans. But the movies' most prestigious awards ceremony heralds the start of another key event in the French property calendar: the summer lettings season.

Four countries to buy homes in

Author: Jenna Smith
With the global economy still in a state of recovery, many investors are looking to buying second properties that could become lucrative long-term investments. There are a multitude of factors involved. For that reason it's important to do your research. Here are four countries that could be good starting points...

California houses world's largest chocolate building

Author: Ivan Radford
Nine tons. That is how much chocolate was used to build this Mayan temple. The pyramid, an exact replica of Temple of Kukulkan at Chichen Itza, was created this week by US food company Qzina. The structure, made of pure chocolate, is 6 feet high and weighs 9.12 tons, or 18,239 pounds, making it the largest chocolate building in the world.

America officially back on track

Author: Ivan Radford
America's real estate recovery has been hailed by several different agents at various times during the economic downturn, but marketing campaigns aside, it looks like the upturn is actually here as all major reports this week show signs of improvement in property markets and sectors across the country.

Investment Watch: Brazil beats April alternatives

Author: Ivan Radford
Brazil beat all of April's alternative investments, reveals TheMoveChannel.com's latest Investment Watch. The report, which ranks the level of interest in the portal's listings, saw Brazil work its way back to the top of buyers' lists again last month, as a beach resort in Rio Grande do Norte received over twice as many enquiries as its closest contender.

Worldwide Web News Roundup

Goldie Hawn and Kurt Russell reduce Malibu house price

Goldie Hawn and Kurt Russell reduced the price of their Malibu house this week as it failed to find a buyer yet again.

UK house prices 86 times higher than at Queen's coronation

The average UK house price is now 86 times higher than at the time of Queen Elizabeth II's coronation.

Former US homeowners starting to re-enter property market

Former US homeowners, who lost their houses to foreclosure, are starting to re-enter the US property market, according to new reports.

London rents rise for first time in six months

Prime London rents rose for the first time in six months in April, according to Knight Frank.

Eurozone construction jumps by 12.4pc in March

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.

French village bought by South Korean photographer

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.

Tokyo opens world's tallest tower

The world's tallest tower opened to the public in Tokyo today.

Brazil economy slows for third month in a row

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.

Mallorca investors choose to try before they buy

Investors in Mallorca are increasingly choosing to try before their buy, an agent has found.

UK housing slows as demand for UK property drops

The UK housing market slowed down in April as demand for property dropped, according to the National Association of Estate Agents.

Turkey tourism booms as Arabs are attracted by new law

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 2012

Property in Hungary is a "wise choice" for investors in 2012, according to investment firm Knight Knox International.

UK mortgage lending falls by 20pc

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.

Video - Is Thailand an economic success story?

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.

"Bank of Mum and Dad" pays out £39,000

The Bank of Mum and Dad is now paying out almost £39,000 to children's first homes, according to PrimeLocation.com.

New French development sells out

A new French property development sold out, surpassing expectations, according to A Place in the Sun.

New York apartment sells for record price

A New York apartment broke sales records this weekend, selling for over $90 million - the highest price ever paid for a flat in Manhattan.

"Early success" sees NewBuy notch up 400 reservations

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 sells titanic island home

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.

Energy costs hit tenants more than homeowners

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.

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