Already one of the least affordable rental markets in the world has seen rent increases, eight interest rate rises, rising expenses of living, and natural calamities compound the problem. Belinda has been turned down for rentals more than a hundred…
For investors, 2022 was a turbulent year. Investors saw a decline in the value of their shares, homeowners saw their home values fall by the most significant margin in decades, and savers were disadvantaged since interest rates increased but failed…
Queensland’s housing minister deems it “appalling” that landlords have been persuaded to boost rates amid a rental crisis after a Brisbane real estate agent advocated for rises of over 20%. Leeanne Enoch’s remarks came after Guardian Australia reported that Ray…
The National Australia Bank predicts that between 2022 and 2023, house values will decline by 23% in several states. The majority of Australia’s metropolitan cities, except Sydney, will witness a severe decline in housing values in 2023 due to the…
The New Zealand housing market saw one of its worst quarterly dips in the three months leading up to September, and it may not be done yet. CoreLogic New Zealand reports that the 4.1% quarterly decrease is second only to…
The housing market is among the most susceptible to changes in interest rates. Eight consecutive rate hikes in 2022 to combat rising inflation sent shockwaves across the market and are still at the heart of the decline in Australian property…
There is one way to gain a sense of what will happen to Australian property values in 2023, notwithstanding the impossibility of predicting the future: look over the ditch. Since the Reserve Bank of New Zealand (RBNZ) began the current…
September results in property price reductions in capital cities as of October 4. In September, property values in Australia decreased by 1.4% as the market continued to cool in reaction to rising interest rates and greater living expenses. According to…
Then the removal trucks and the hot tub installers showed up after a period of speculation and clandestine negotiations. This year was no different for the capital’s A-listers when buying or selling luxury real estate. Many celebrities purchased new houses…
If you’re searching for a barometer of the global economy, you might do worse than investigate the ultra-luxury segment of London’s real estate market. Prime Central London (PCL) has become a haven for the money of affluent foreigners for several…