Real Estate

Elevated home prices and mortgage rates caused home ownership costs to grow faster than wage increases, creating an affordability crisis.

The reason why we are struggling to build new homes is because the states have loaded their tax systems onto the housing sector.

The total project spans five states: Iowa, Minnesota, North Dakota, South Dakota, and Nebraska. It will slice through 2,500 miles of land.

Those who receive assistance have 90 days to find a home.

KPMG expects a rise of 5.3 percent across capital cities and 4.5 percent across the country by December.

Typical first-time buyers are having to fork out over £400 more per month on their mortgage repayments, according to Rightmove.

The Midwest region saw the biggest drop, with housing starts crashing by more than 19 percent in a single month.

White House showcases efforts to reduce housing costs heading into November’s election.

New Jersey had the highest foreclosure filing rate, followed by Illinois, Delaware, Connecticut, and Florida.

The government has also increased first home buyer grants in an electoral bid to target young families.

They’re not just renting rooms, but yard and garage space as well.

Experts said the lack of housing supply, increasing prices, and the influx of migrants are driving factors.

Housing inventory keeps rising as buyers are unwilling to pay high mortgage rates.

The San Diego housing market reported the highest gains among 20 tracked cities, followed by New York and Cleveland.

Home values across regional Australia climbed 2.1 percent in the three months to April 2024, the highest quarterly increase in nearly two years.

A report has revealed that the Queensland government has received an extra $3.5 billion in stamp duty over the last 3 years.