HK's property developers are locked in a price war as measures to cool its expensive real estate markets force them to impose discounts to hit sales targets.» Read More
Asian markets fell on Wednesday after China's central bank raised interest rates for the second time in just over six weeks to rein in stubbornly high inflation. Chinese property and resource counters remained under pressure.
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CNBC asked the pros for their investing advise in this kind of market. Here's a sampling of what they had to say.
Real estate is not dead -- even in the United States. Ritson Ferguson, manager of the ING Global Real Estate Fund, offered CNBC his favorite global real estate stocks.