Spain reigns but investors were mainly on the plane out of Europe in June, according to TheMoveChannel.com's new research. The portal's latest Top of the Props report shows that Spanish property is now the most sought-after in the world, despite falling demand for other European destinations, as concerns surrounding the Greek bailout crisis spread.
Sales of US homes are soaring, as buyers return to an increasingly stable market. Pending sales are now at their highest level in nine years, with activity rising for the fifth month in a row. Inventory, though, is plunging to unprecedented lows.
Indonesia is planning to allow foreigners to own properties. The move, which was announced by the country's president, follows strong growth in Jakarta's property prices.