AFP An influx of capital from Asia is partly to blame for soaring housing prices in Vancouver and Toronto, Canadian Prime Minister Justin Trudeau said. “We know that there is an awful lot of capital that left Asia in the past few years,” Trudeau told Canada’s public broadcaster CBC. “Obviously overseas money coming in is playing a role” in …

  AP U.S. homebuilders are feeling more optimistic about their sales prospects this month than they have since the beginning of the year. The National Association of Home Builders/Wells Fargo builder sentiment index rose two points to 60. That’s the highest reading since January. Readings above 50 indicate more builders view sales conditions as good, rather than poor. The index …

  Bloomberg Zinedine Zidane is renowned for his prowess on the football field. Now a Mumbai developer is counting on the retired French football star’s power off the pitch to revive flagging sales in the city’s luxury home market. Kanakia Spaces Pvt has hired the former attacking midfielder to market a high-end residential project named Paris in Mumbai’s new business …