This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the United States dropped 2.2 percent in July from June to a seasonally adjusted, annualized rate of 4.07 million units, the National Association of … Read more
The staggering amount Sydney home buyers need to be earning to afford an average property has been revealed, as the income needed to buy a house rapidly outpaces wages. House prices are rising so fast in the city that buyers need to be earning more than $200,000 to afford an average dwelling — up $40,000 … Read more
A tiny home in Tasmania is on the market for just $99,000, a fraction of the median price for homes in the state. The studio home at 204/1583 Nubeena Road, Nubeena, is situated on pristine waterside on the Tasman Peninsula. The home is nestled in an “eco village” complete with communal gardens and an orchard. … Read more
A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. “We’ve been told as tenants by employees of Equity that the software takes empathy out of the equation. So they can charge whatever the software tells them to charge,” said Kevin Weller, a tenant at Portside Towers … Read more
A Sydney couple are warning others after they lost money when a heartless scammer on Facebook Marketplace gave them a fake address to pick up goods. Susie*, who is deaf, says they drove an hour and a half to the scammer’s address, only to find the house did not exist. “We are shocked and felt … Read more
A four-bedroom home listed for just $780,000 in Geelong’s inner west may sound like a dream come true, but a closer look at the floor plan reveals an unusual catch. With most four-bedroom properties in the area listed for at least $1.3 million, the Newtown house seems like a steal. And that may be the … Read more
Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth. That’s according … Read more
The Aozora Bank Ltd. headquarters in Tokyo Japan, on Thursday, Feb. 1, 2024. Japan’s Aozora Bank became the second lender in a span of hours to surprise investors with losses tied to US commercial property, sending shares down by the limit and heightening concern over global banks’ exposure to souring real estate bets. Akio Kon … Read more
A sign stands outside an upscale home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index. While that may not seem like a lot, it is the first monthly … Read more
Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 28, 2021. Kevin Dietsch | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing … Read more
