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
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
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images China wants to unleash a “new leap forward” with “new productive forces” — but President Xi Jinping may need to resort to an old tactic to hit the country’s ambitious growth target this year, one economist warns. Beijing set … Read more
Republican presidential candidate, former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center on February 20, 2024 in Greenville, South Carolina. Justin Sullivan | Getty Images Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million — without having to first put … 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 owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. The price tag puts the home, known as Villa Ananda, at a price per square foot of almost $2,100, which is well beyond record-breaking territory for … 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
Aerial view of the roof gardens at Gasholder Park in Kings Cross, London. Richard Newstead | Moment | Getty Images The U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the region’s strained property market. An anticipated fall in interest rates and modest economic revival will … Read more
Australian renters struggling to find a home amid the housing market squeeze are being targeted by cruel scammers pretending to be landlords. One woman, from Melbourne, contacted a property owner after she spotted a private rental apartment ad on Facebook. A private rental is when a landlord handles the property themselves — cutting out the … Read more
Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty Images Future Publishing | Future Publishing | Getty Images China’s Country Garden Holdings said Wednesday it received a liquidation petition filed by one of its creditors, deepening worries about the country’s beleaguered property sector. … Read more
