New Zealanders’ hopes for home prices have dropped to levels not seen since the Great Recession. Compared to last year at this time, when 49% of respondents expected prices to rise, this year’s ASB home optimism poll found that 43%…
Despite falling home costs due to higher interest rates, youthful Australians are being shut out of the market. According to the latest statistics from the Australian Bureau of Statistics, the number of people purchasing their first house in January fell…
In the ever-evolving landscape of Southeast Asian real estate, strategic collaborations and technological advancements are reshaping the industry. The latest move comes from Japanese portal provider Lifull Co, which recently made headlines by acquiring FazWaz Group and forging a partnership…
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…
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…
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…
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…
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…
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…
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…