Real Estate

Region-wise, the West registered the largest increase, with asking rents up 4.4 percent, followed by the Midwest and the South.

Prospective buyers may have an ‘opportunity to snag a deal’ in the slower winter months.

Mortgage rates at 6 percent are expected to be the ‘new normal’ next year.

New home listings have risen as well, boosting property supply in the market.

The president-elect’s vision is drawing attention amid widespread concern over housing and middle-class prosperity.

The National Party-led coalition government has restored New Zealand landlords’ power to evict tenants without cause, with as little as 42 days notice required.

Migrant arrivals outnumber births 2 to 1 as population grows.

Homes that were on the market for several weeks are ‘finally selling,’ a real estate expert said.

The initiative aims to ease housing affordability pressures by lowering monthly repayments, though it results in higher total costs over time.

High ownership costs plague several counties, along with underwater mortgages and foreclosures.

The average property now costs £268,144, which is close to figures last seen in August 2022.

Foreign buyers largely target properties over the million dollar mark and do not compete directly with first home Aussie buyers.

A decline in inflation numbers could encourage the Federal Reserve to bring down its benchmark rates, potentially triggering a further jump in applications.

Victoria’s housing minister says the state will power ahead with plans to build bigger, better social housing towers.

Builders are showing ‘increasing confidence’ that the incoming administration will provide regulatory relief, which will boost new construction activities.

Western Australian and Queensland mining regions are leading the growth charts.

The decision could enable potential home buyers in the United States to purchase higher-priced homes.

The Coalition and Greens housing spokespersons debated the merits of their housing policies at the National Press Club on Nov. 26.