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UK home prices rise as landlord surge leaves realty famine

  Bloomberg U.K. house prices rebounded in May after an investor rush to beat a new tax introduced last month left behind a shortage of homes for sale, according to Rightmove. Asking prices increased 0.4 percent to an average 308,151 pounds ($442,000), the property website operator said on Monday. Prices for properties traditionally sought by first-time buyers surged 6.2 percent. ...

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Singapore home sales fall at mortgage curbs Cool Housing Demand

  Bloomberg Singapore developers sold 12 percent less homes in April, as tighter mortgage curbs cooled demand in Asia’s second-most expensive housing market. Developers sold 745 units last month, compared with 843 in March, according to data released Monday by the Urban Redevelopment Authority. Singapore home prices have dropped for 10 quarters, posting the longest losing streak in almost two ...

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Miami faces hotel-room glut as Brazilians stay home

  Bloomberg Hotels in sun-drenched Miami are getting burned by a pullback in Brazilian travel and a building boom that has added thousands of rooms to the market. Nightly room costs are dropping. Greater Miami’s revenue per available room — a key measure of rates and occupancies known as revpar — has fallen each month this year, and in April ...

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