A view of the Central Park Tower at 217 West 57th St. in New York City. Source: Cody Boone, SERHANT Studios A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. … Read more
Monthly rent in Shanghai’s city-center costs approximately $2,700, according to data by Numbeo. Zorazhuang | E+ | Getty Images Living in a major city can come with a hefty price tag, so it’s best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of … Read more
An aerial view shows a subdivision that has replaced the once rural landscape on July 19, 2023 in Hawthorn Woods, Illinois. Scott Olson | Getty Images Mortgage interest rates eased very slightly last week, but not enough to get today’s potential homebuyers off the fence. The average contract interest rate for 30-year fixed-rate mortgages with … Read more
Regional Australia has seen less homes changing hands in what a new report is describing as a “significant reversal in pandemic-driven residential property transaction trends”. According to the PEXA Property Insights for FY24, sales in metropolitan areas outperformed their regional counterparts in the last 12 months to June. “Our biggest metropolitan areas, greater Sydney and … Read more
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024. Steve Pfost | Newsday | Getty Images Sales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to the National Association of … Read more
A middle class lifestyle can look different depending on where you are. It may mean owning a house and a car in one city and simply being able to rent a place on your own in another. In the San Francisco area, an annual income of $250,000 would classify your household as middle earners, based … Read more
The fate of an abandoned Queensland golf course that has become a microcosm for the debate between the need for housing versus environmental protection is a step closer to being sealed, with the state’s housing minister releasing her vision for the 67ha site. Debate between residents surrounding the former Arundel Hills Golf Club on the … Read more
Priced out of the house market in Newcastle? As the region’s median house price edges closer to a record high, buying a unit offers an affordable alternative. From a converted theatre in Carrington to a beachside studio in Newcastle, check out these seven units listed for $600,000 and under. Know the news with the 7NEWS … Read more
Dreaming of salty breezes and sandy toes? You do not need a million-dollar budget to secure your bayside haven in Melbourne. Here are four fantastic options, all priced under $600,000. Know the news with the 7NEWS app: Download today Elwood oasis: Embrace bayside bliss in a three-bedroom haven This sun-drenched three-bedroom art-deco apartment in Elwood … Read more
What currently resembles a bog will one day be home to almost 70,000 people. The foundations of Waraba, a new city west of Caboolture in southeast Queensland, are being laid with a massive and muddy earth-moving effort ahead of construction of its first neighbourhood, called Lilywood Landings. WATCH THE VIDEO ABOVE: Work underway to build … Read more
