House prices have surged more than 30 per cent across Australia since the outbreak of COVID-19, a report has found. Since COVID was declared a global pandemic in March 2020, property group CoreLogic found its national home value index rose by 32.5 per cent. The increase meant the median value of an Australian house rose … Read more
Kyle Sandilands is at the helm of a new business venture aiming to help assist Aussie renters. The radio star is a 95 per cent shareholder of the company ZeroBonds, which helps with upfront rental fees, offering to pay rental bonds for a one-off payment along with an application fee. The money-lending business is for … Read more
Cavan Images | Cavan | Getty Images President Joe Biden has floated plans to address the country’s affordable housing issues, including new tax breaks for first-time homebuyers and “starter home” sellers. However, experts have mixed opinions on the proposals. “I know the cost of housing is so important to you,” Biden said during his State … Read more
More than 95 percent of the group’s members say they have no intention of becoming long-term landlords, says Lindsay. Instead, he argues, they are now faced with rising housing costs and no immediate way to offset them. The law “has yielded some unintentional effects that are harming smaller homeowners,” Lindsay says. Amid the uncertainties, there … Read more
More than 95 percent of the group’s members say they have no intention of becoming long-term landlords, says Lindsay. Instead, he argues, they are now faced with rising housing costs and no immediate way to offset them. The law “has yielded some unintentional effects that are harming smaller homeowners,” Lindsay says. Amid the uncertainties, there … Read more
A three-bedroom home in Western Australia has sold for just $22,000 — but there’s a catch. The home, situated on 1,062m² in Merredin between Perth and Kalgoorlie, was sold through private treaty on January 23. However the property contains asbestos, the listing by GEST Real Estate’s Stephen Nagle revealed. Stream local 7NEWS free on 7plus … Read more
The Australian suburbs where buyers can secure a home with mortgage repayments on par with the nation’s average rent have been revealed in new data. Australia’s median weekly rent was $570 last year, according to CoreLogic’s 2023 rental report. An analysis of the market by PropTrack found more than 350 locations across the country where … Read more
By Staff The Canadian Press Posted March 1, 2024 2:27 pm 1 min read Descrease article font size Increase article font size Canada’s housing agency says it is ending the first-time homebuyer incentive program. Canada Mortgage and Housing Corp. says the deadline for new or updated submissions to the program is midnight eastern time on March 21. … Read more
Thianchai Sitthikongsak | Moment | Getty Images Higher mortgage rates continue to hit demand from both current homeowners and potential homebuyers. Total mortgage application volume dropped 5.6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made to account for the Presidents Day holiday. The … Read more
An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak. Nurphoto | Nurphoto | Getty Images Stocks of Hong Kong developers rose after Financial Secretary Paul Chan scrapped property cooling measures in a bid to bolster the sector, which has been weighed down by high borrowing costs and weak economic … Read more
