The latest news out of China is bearish. However, you have to be very careful of how you interpret the numbers. Those who want to present the bullish view will give you sales or price numbers for real estate for the first half or the last year. That disguises the plunge in sales since April.
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Real estate prices are on the rise in parts of Riyadh and Jeddah as Saudi Arabia's growing population drives up demand for residential properties, according to research undertaken by the Consulting Division of Oxford Business Group (OBG).

Rakesh Kunhiraman, Dubai-based Director of OBG...

Passenger traffic through Phuket International Airport during the first half of this year surged 28 per cent compared to a year earlier – marking a dramatic recovery for the destination as it leads Thailand’s tourism revival and a return to the boom year of 2007.

According...