Property news, market analysis and investment intelligence across Asia-Pacific.
Most federally elected members of the Australian Labor Party are also landowners. This may be why they have been unable to solve the housing shortage. In Australia, the property problem is once again the main topic of conversation. The ninth consecutive interest rate hike by the Reserve Bank of Aust
Fearing the mortality toll from Cyclone Gabrielle will rise, New Zealand is still looking for individuals who went missing after the storm. Five verified deaths have occurred due to the cyclone’s destruction of significant portions of the North Island, which resulted in landslides and inundati
Millie Bannister was already worried about the rising cost of living in Sydney when she got a note from her landlady proposing a 35% rent rise. The 26-year-old executive director of the mental health organization Allknd says the rent rise will alter her lifestyle and career goals, prompting some to
As a result of increasing mortgage rates, decreasing costs, and the fear of investing in a sinking market, the number of first-time homebuyers has dropped to levels not seen since 2017. According to ABS data, only 7646 first-time purchasers obtained mortgages in December. New lending agreements have
London’s property market lags behind the rest of the UK regarding average property price performance. Still, it is among the top four most desirable markets worldwide regarding yearly property price increases. EasyMoney, a peer-to-peer real estate investing platform, analyzed property market p
We highlight some fundamental elements supporting the growth of Australia’s diverse real estate markets. The Australian real estate market will continue to be influenced by various variables in 2023. There are some bright spots in the next year’s economic and financial prospects, p
During the holiday season between Christmas and New Year’s, Australia‘s ultra-wealthy have been purchasing and selling luxury residences, such as the $130 million paid by Atlassian Co-founder Scott Farquhar for the Point Piper trophy property ‘Uig Lodge. It’s a record for Aus