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RERA has just updated its Rent Index this year! This spells good news for renters as leasing rates in most residential neighbourhoods in Dubai, particularly freehold communities, are likely be cheaper this year compared to 2015. So, how much will your rents cost this year? Take a look. The Rent Calculator, which serves as an online tool for checking legally permissible rental increases, suggests price ranges for property for rent in Dubai and advises renters whether or not they are entitled to a hike this year - be it for villas for rent in Dubai or apartments. A recent review by Gulf News reveals that values of property for rent in Dubai have declined. For instance, rents for one beds have dropped by at least 2.3 to 14 percent this year.

Banks revised the processing of foreclosures and distressed homes in New Jersey, including multi families distressed properties. The lenders' move was prompted by a state court ruling last December.

Homebuilders and home brokers maintain their negative outlook for the housing market in New Jersey and the whole U.S. Builders are reportedly expecting a further slowdown during the holiday season.