ICON’s Vitruvius AI program designs dream homes

ICON’s Vitruvius AI program designs dream homes

Artificial intelligence is moving into the housing space, specifically architecture. ICON, which developed one of the first fully 3D-printed housing developments in the U.S., is taking automation another step further. It recently unveiled what it calls Vitruvius, an AI program that helps consumers design custom homes online and get the plans, making the process cheaper … Read more

Biden targets ‘rent gouging’ landlords, as high housing costs 2024 race

Biden targets ‘rent gouging’ landlords, as high housing costs 2024 race

Democratic presidential hopeful and former Vice President Joe Biden in Las Vegas, Nevada on February 22, 2020. RONDA CHURCHILL President Joe Biden will visit the battleground state of Nevada Tuesday to take aim at corporate landlords, who the White House claims are keeping rents artificially high even as overall inflation has eased. Biden’s attack on … Read more

Reserve Bank of Australia holds steady on interest rates in second decision of the year

Reserve Bank of Australia holds steady on interest rates in second decision of the year

The Reserve Bank of Australia has chosen to hold the interest rate, in its second decision of 2024. The RBA board met on Tuesday, announcing the cash rate will remain at 4.35 per cent. It is the third meeting in a row at which the board has decided to hold the rate. Newsletters: Breaking news … Read more

Homebuilder sentiment turns positive for the first time since July

Homebuilder sentiment turns positive for the first time since July

A two-family house is under construction November 17, 2023 in Shelburne, Vermont.  Robert Nickelsberg | Getty Images U.S. homebuilders are feeling more confident about their businesses than they have since last summer, as they see better demand despite stubbornly high mortgage rates. Homebuilder sentiment rose 3 points in March to 51 on the National Association … Read more

Single mother forced to move from Queensland to Tasmania to find a rental as Australia’s housing crisis deepens

Single mother forced to move from Queensland to Tasmania to find a rental as Australia’s housing crisis deepens

When Zoe Chalmers separated from her husband of 15 years last year, she wasn’t ignorant of the housing crisis facing renters — but she didn’t think it would be a near impossible task to find a home. After her rent was increased, the 35-year-old had hoped to downsize to a more affordable home. She said … Read more

Vonovia shares fall after biggest ever loss

Vonovia shares fall after biggest ever loss

Construction workers are seen at a new condominium building project in Huerth, western Germany, on April 5, 2023. Ina Fassbender | Afp | Getty Images Shares of German property giant Vonovia fell more than 7% on Friday, shining a light on a deepening real estate crisis in Europe’s largest economy. The residential real estate company … Read more

Thousands of Queensland residents urged to claim forgotten rental bonds worth $56 million

Thousands of Queensland residents urged to claim forgotten rental bonds worth  million

Thousands of rental bonds have been forgotten or forgone in Queensland since 1990, and the collective sum has now accumulated to a whopping $56 million. Most of the 120,000 outstanding bond payments are worth about $465 and the refund can be claimed at any time. The uncollected sums account for just 4.5 per cent of … Read more

Weekly mortgage demand jumps again, as interest rates fall below 7%

Weekly mortgage demand jumps again, as interest rates fall below 7%

A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023.  Frederic J. Brown | AFP | Getty Images Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared with … Read more

Airbnb announces ban on indoor security cameras globally after guest backlash

Airbnb announces ban on indoor security cameras globally after guest backlash

Airbnb is banning the use of indoor security cameras in listings globally, the short-term rental platform announced on Monday. Previously, Airbnb allowed hosts to have indoor security cameras in common areas — as long as the devices were clearly disclosed on the listing page and placed in visible spots in the home. Indoor security cameras, … Read more

Housing front and centre as Freeland meets with Eby

Housing front and centre as Freeland meets with Eby

By Staff The Canadian Press Posted March 11, 2024 9:50 pm 1 min read Descrease article font size Increase article font size Federal Finance Minister Chrystia Freeland says she stopped at a recently built downtown Victoria rental apartment building Monday before meeting with British Columbia Premier David Eby, where housing was slated to top the … Read more