Global Real Estate

Home prices in the most expensive London locations range from around £4.5 million to almost £10 million.

In capital cities which have a greater demand for rental accommodation, prices have risen exponentially—outpacing wage growth.

The coalition government says the moves will ‘encourage landlords back to the rental property market’ and reduce the housing shortage.

The lack of housing stock continues. Results from CoreLogic show home values are rising faster than the pace of growth seen at the end of last year.

The warning comes as the government’s plan to abolish ground rents remains missing in its leasehold reform bill, which is set to be debated in the Lords.

The Reserve Bank says households are surviving its repeated interest rate rises, but three percent of owner occupiers are now in a serious financial trouble.

The surge in private rent inflation comes amid growing demand in the lettings market.

Despite surging interest rates and high inflation, the median value of an an Australian house has risen by $188,000 since 2020.

Home values across the country increased 0.6 percent in February

Prepare for a deep dive into the issues with banning ‘negative gearing.’

While all states have recorded dramatic increases in stamp duty, Victoria, in particular Melbourne, is an outlier with an increase of over 6 times.

The Coalition’s decision to support the government’s tax package has left it with little ammunition to use in Parliament.

Australian house prices surged by 10 percent across combined capitals as of Jan. 31.

The Victorian state runs a shared equity scheme with homeowners, paying up to 25 percent of the purchase price of a home.

‘I don’t know where I am going to be living or where I might end up, and the government isn’t giving us the information we need to make decisions.’

The milestone was reached on the afternoon of Jan. 24.

This change reflects Brisbane’s newfound competitiveness and challenges its previous perception as the ‘poor cousin’ to southern capitals.

The MDRS planning laws bypassed councils as a way to speed up building approvals for the country’s rapidly growing housing demands.

‘Government has a role in building houses to help remedy the housing shortage, but it’s housing affordability that is a potential disruptor for our business.’