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The Latest Breaking News on Real Estate

Sydney house prices have dropped by 10 per cent this year, according to latest data

House prices in Sydney fell by 10 per cent since the peak in February, with the median value in the city dropping to $1,042,276.

ABC News

Bay Area the only region in California where homes are selling for less than a year ago

Perhaps it was inevitable — what goes up, up, up, must come down eventually. Homes in the Bay Area are now selling for less than they were a year ago, the only part of California where that is true, as rising interest rates continue to throw cold water on the…

Tribune News Service

Sentiment among Bangkok housing developers brightens

Sentiment among listed housing developers in Greater Bangkok improved in the third quarter to the highest level in 17 quarters, but higher development costs because of fuel prices and inflation remain major concerns.

Bangkok Post

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Two Scottish places where house prices have soared after the pandemic

The two large cities have seen a huge jump in house prices, after workers started returning to the office following the end of the pandemic measures.

Daily Record

A Place in the Sun buyers 'curveball' sparks Jasmine Harman to have 'sleepless night'

The expert was taken aback by Bill and Sandra's unexpected decision

Liverpool Echo

If Real Estate Is An Inflation Hedge, Why Are Properties Declining In Value?

The U.S. inflation rate was 8.2% in September. This is a slight drop from the 8.3% rate in August but more than the 8.1% economists were forecasting for the month. At the same time, the average median house price declined to $389,500 in August, compared to a high of $413,800…

Benzinga

Cities drive house price growth while suburbs ‘lag behind’ after surge in demand for city living

Property prices across Britain’s cities have been growing at a faster rate than those in surrounding areas this year so far.

Evening Standard

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Previously-Secret Documents Reveal The Reserve Bank Reckons House Prices Are Set To Drop By 20%

The Reserve Bank of Australia predicts house prices could fall by 20% by the end of 2024, which would be the biggest drop since the 1980s.

Pedestrian.tv

Sydney’s property prices dropped 10% this year, with $450 a day lost from average home

Decline comes as RBA documents indicate values may sink as much as 20% nationally from their February peak by end of 2024

The Guardian - AU

House price growth in cities ‘outstripping’ increases in surrounding areas

Property prices across Britain’s cities have been growing at a faster rate than those in surrounding areas this year so far, according to analysis.

The Independent UK

Cheapest home in Cumnock up for sale by auction with guide price of £39,999

The three-bed property, with a lovely garden, has great potential.

Daily Record

'We moved into a second-hand caravan after our rent doubled'

Lauren Collier and James Winterbottom, who have two children, just couldn't afford the sudden hike in the rent for their Leigh terrace

Manchester Evening News

NT government’s years-long public housing waitlist putting a strain on remote health system

Nurses in a remote corner of Australia are raising the alarm over an issue they say is threatening the lives of chronically ill patients and putting a burden on the health system.

ABC News

To Airbnb or not to Airbnb: is it ethical to rent property to holidaymakers during a housing crisis?

It’s a question individual owners in Australia are asking themselves – but one that may be better directed to governments and corporates

The Guardian - AU

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Bristol Post

Zoopla's most viewed property in Bristol is two-bed £140k flat in city centre

Three-bed properties are proving to be very popular with buyers

Liverpool Echo

What the average Liverpool house price can get you in these areas

Location is paramount when house hunting

Benzinga

Residential Rents Are Declining In Many Real Estate Markets - How Should Investors Respond?

Real estate has a remarkable ability to deliver returns for investors, even when the stock market or other economic indicators are pointing downward.

Wales Online

The ordinary semi-detached home that’s the most-viewed property in Wales

Ten of the most popular properties in Wales, from a standard house to a dream home for millionaires

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news in one place.

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The Guardian - AU

Handwritten notes, door-knocking, recipes: real estate agents turn ‘desperate’ across Australia

Amid falling house prices and interest rate rises, agents are turning to increasingly frenzied measures to hunt for sellers

The Canberra Times

Why this spring selling season is different

Buyers are in the driver's seat, but it's not all bad news for sellers.

Benzinga

Why REITs Are Being Sold And Avoided

Why REITs Are Being Sold And Avoided Interest rates, interest rate hikes and expectations about further interest rate hikes are creating problems for real estate investment trusts.

Liverpool Echo

Neighbours 'want to move' after flat 'ruined' their street

'I've not been able to have the kids or the grandkids come and visit because of the flat.'

Liverpool Echo

A Place in the Sun buyers' 'lad pad' search goes downhill as fans spot bathroom problem

Ben Hillman was showing longtime friends Richard and Chris around five homes in Tenerife

Evening Standard

Secret sales: post-pandemic property boom generated £30 billion in off-market sales

A huge surge in off-sales transactions last year shows how the secret property market is no longer the preserve of high net worth individuals

Evening Standard

Londoners scramble for studio flats as capital’s rents hit yet another record high

Agents warn of “extreme” competition for rental properties as average asking price for London rental hits £2,343 per month

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