An independent Māori housing advocacy group says a nearly 20 percent rise in house prices pushes the dream of owning a home further away for Māori. Photo: Nate McKinnon The data comes from the Real Estate Institute’s monthly house price in... Read more
Potential homebuyers may be hitting the limit of what they can afford. Pending home sales, a measure of signed contracts on existing homes, fell 2.2% in September compared with August, according to the National Association of Realtors. It was th... Read more
Global real estate prices have largely held their own in the face of an unprecedented economic hit from the coronavirus pandemic, says Sean Darby, global head of equity strategy at Jefferies. “It’s been perhaps one of the most fortunate events f... Read more
Wellington is trying to prepare for a projected population explosion, in a city desperately short of housing. Partly it’s because the pocket city is on shaky ground and a lot of its buildings have been deemed to not meet earthquake standards. Bu... Read more
After a record-setting July, the housing market still shows no sign of cooling off. Sales of existing homes rose 2.4% to a seasonally adjusted annualized rate of 6 million units, according to the National Association of Realtors. Sales were 10.5... Read more
Chinese developers are facing the biggest liquidity test in more than four years, exacerbating challenges brought on by stringent funding restrictions and a prolonged profitability drop. Cash reserves of the nation’s 50 largest-listed home... Read more
Dubai property prices rising again? Depends on where you are looking. According to Lewis Allsop of Allsop & Allsop, selective gains are showing up at The Springs. “We have a 2E that we sold eight months ago for Dh2 million that we have just... Read more
In recent years, environmental responsibility has shifted from individuals to organizations. Perhaps twenty years ago, helping the environment was viewed as a personal choice or lifestyle. An individual makes daily choices that affect their pers... Read more
As you pass through a beautiful museum at an airport on the way to your flight, you would stop to admire the sculptures, the paintings, the wall art and murals that make for such compelling beauty and atmosphere. But a former Airports Authority... Read more