Young couple who bought land in Sydney’s newest suburb tell of ‘disheartening’ housing market

Young couple who bought land in Sydney’s newest suburb tell of ‘disheartening’ housing market

“A battle”, “overwhelming” and “disheartening”. That’s how young couple Nick Farmer and Carly Miller have described their journey to clinching a slice of land to call their own. WATCH THE VIDEO ABOVE: Prospective homebuyers snap up plots of Sydney’s newest suburb. But having purchased a plot of Sydney’s newest suburb — Orchard Hills North — … Read more

Queensland ‘palace’ in Mount Isa up for sale for $540,000

Queensland ‘palace’ in Mount Isa up for sale for 0,000

A six-bedroom mansion with a pool in Mount Isa is on sale for $540,000. The Queensland home boasts of sprawling views of the town, has space for four cars and includes three bathrooms. While the interior is outdated, Jays Real Estate said the mansion has great potential and is, “waiting for its new King and … Read more

China pledges billions in measures to support struggling property sector

China pledges billions in measures to support struggling property sector

China announced “historic” steps to stabilize the crisis-hit property sector on May 17, 2024, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging to deliver unfinished homes.  Nurphoto | Nurphoto | Getty Images BEIJING — Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments, … Read more

Private deals for mansions, art and cars on the rise

Private deals for mansions, art and cars on the rise

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. The rich have taken “quiet wealth” to a new level, turning to private purchases of mansions, art and classic cars designed to avoid … Read more

oberoi realty shares: Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

oberoi realty shares: Oberoi Realty shares jump 9% to new all-time high after 65% increase in net profit. Should you invest?

Shares of Oberoi Realty on Thursday jumped 9% to hit a fresh 52-week high of Rs 1,712.30 after the company reported a 65% year-on-year (YoY) jump in its Q4 profit at Rs 788 crore. The total income of the company rose to Rs 1,558.56 crore in the quarter from Rs 995.11 crore in the year-ago … Read more

High-profile real estate Tom Panos slams government over lack of action on housing crisis

High-profile real estate Tom Panos slams government over lack of action on housing crisis

A high-profile Sydney real estate agent has lashed the government for not doing enough to help Australians through the housing crisis, as he claimed it would take a typical first home buyer 40 years to save for a deposit in Sydney. Tom Panos filmed himself in a café, highlighting one of the staff members working … Read more

Mortgage demand from homebuyers drops even as interest rates pull back

Mortgage demand from homebuyers drops even as interest rates pull back

A home is offered for sale on March 22, 2024 in Chicago, Illinois.  Scott Olson | Getty Images Mortgage rates last week dropped to the lowest level since April, but buyers are still struggling to afford today’s housing market. As a result, mortgage demand flattened at a weak pace. Total mortgage application volume inched up … Read more

China’s overseas students under pressure amid economic uncertainty

China’s overseas students under pressure amid economic uncertainty

As a growing number of overseas Chinese students run into financial difficulties due to the declining wealth of their families, many go online to express their grief and seek advice on how to cope with the situation. Andersen Ross Photography Inc | Digitalvision | Getty Images When Xiao Zhang went to the U.S. to study … Read more

how to display pictures in your home

how to display pictures in your home

Large artworks can help a space feel more homey, according to art consultant Louisa Warfield. Andreas Von Einsiedel | Corbis Documentary | Getty Images There are two common mistakes people make when hanging art in their homes, according to art consultant Louisa Warfield. “The first is, they hang work that is too small for the … Read more