International
Real estate trends and developments from global markets – what’s happening overseas and why it matters here.
Sydney property is overvalued but not at risk of entering a property bubble
Sydney real estate might be overvalued, but it’s not at risk of being in a bubble according to a new index.
Agencies pay millions to settle lawsuit over agent commissions
US-based brokerage RE/MAX has reached a settlement in two class-action lawsuits filed against it over agent commission payments.
Property values rise in one-in-three New Zealand suburbs
Home values have risen in 30 per cent of New Zealand suburbs according to the latest CoreLogic Mapping…
Sydney’s super-prime home sales double
The number of super prime sales above US$10 million have doubled in Sydney, according to the latest Global…
Major real estate firms suffer multi-million dollar losses as WeWork teeters on brink of collapse
Real estate firms who backed troubled shared workspace provider, WeWork, when it went public two years ago have…
NZ property prices inching closer to a “floor”
The “floor” in New Zealand property is getting close, with values falling just 0.2 per cent last month…
New Zealanders spending half their income on mortgage repayments
Despite property prices easing across New Zealand, mortgage holders are still spending nearly half their income on repayments…
New Zealand AI firm ListAssist selected for Miami pitch battle
New Zealand AI company ListAssist has been selected to compete in the Innovation, Opportunity & Investment Summit’s Pitch…
Troubled Chinese developer Evergrande files for bankruptcy
Troubled Chinese developer Evergrande has filed for bankruptcy in the US as it attempts to work out an…
Real estate group creates AI avatar to liaise with buyers
In an American first, a luxury real estate group in the US has created an AI avatar that…
Stunning 3D-printed hotel to be created in Texas
Cutting-edge 3D printing technology will be used to create a stunning hotel in Texas that will feature never…
US-based Compass is cash flow positive for the first time since going public
Compass, the largest real estate brokerage in the US, has posted a profit for the first time since…
Art the leading luxury investment, not real estate
Art has topped the list of best-performing luxury investment class ahead of other popular categories including watches, jewellery…
Profitable resales in New Zealand fall to the lowest level in eight years
Falling property prices across New Zealand has seen the number of homes sold for a gain tumble to…
RE/MAX opens its first office in tropical Fiji
RE/MAX is set to open its first office in Fiji, with local agent Paula Benn set to lead…
Grand $17.5 million mansion with an epic saltwater aquarium goes up for sale near Manhattan
Just a 30-minute drive from the bustling heart of Manhattan lies Villa Paradiso, a Mediterranean-inspired mansion in Rumson,…
First 3D-printed house in Wolf Ranch completed
The first house in the world's largest 3D-printed neighbourhood has just been completed.
When will movers return to the NZ market?
Owner-occupiers in New Zealand have been quiet over the past 12 months, with weak sentiment and higher interest…
New Zealand claim honours in Real Estate of Origin
The Kiwis have claimed bragging rights after Ray White’s 12th Real Estate of Origin, securing a huge 2498…
National Property Manager’s Day: Celebrating ‘the heart of every agency’
Kirsten Williams and Maree Chisnall have been named the Australian and New Zealand winners of MRI Software’s 1:1…
Florida law bans some international buyers
Certain groups of foreigners will no longer be able to purchase property in Florida in the US after…
NZ home sales record first annual increase in two years
After being battered by one of the sharpest tightening cycles in the world, there are signs that the…
Wealthy migrants flock to Australia for schools, lifestyle and financial safety
If you could live anywhere, where would it be? For the world’s wealthy, Australia is a top pick.
Dubai’s Marble Palace offers $204 million in opulence
Known for its opulence, Dubai has set a new benchmark, with the city's priciest home listed for a…
Sydney’s prime rental market hits new heights
A chronic undersupply of existing rental stock and low construction volumes have fuelled a surge in Sydney’s prime…
A silver lining in NZ’s soft property market: values rise in 128 suburbs
Soft property market conditions continue across New Zealand, but there is some positive price news, with more than…
Outlandish Oklahoma property looks normal on the outside but is vibrant on the inside
From the outside this unassuming Oklahoma property looks like your typical suburban, family home.
Unlocking the potential: Transform winners experience breakthroughs with AI and efficiency
Artificial Intelligence mastery, soaring productivity and a more purposeful, peaceful workday are just some of the improvements the…
Apple unveils groundbreaking spacial computer called Apple Vision Pro
Apple has introduced Apple Vision Pro, a groundbreaking device that seamlessly integrates digital content with the physical world,…
Are New Zealand’s interest rate hikes over?
The New Zealand Reserve Bank has shocked economic and property experts this week, raising the cash rate 0.25…
New Zealand homeowners feel the pain as loss-making resales spike
Properties reselling at a loss have reached a seven-year high in New Zealand as the impact of higher…
OpenAI’s ChatGPT Plus revolutionises user experience with 70+ powerful plugins
OpenAI has unleashed a suite of more than 70 third-party plugins for its ChatGPT Plus users to visualise…
Market downturn sees eXp World Holdings revenue and profits fall
eXp World Holdings, the parent company of virtual real estate brokerage eXp Realty, has announced its financial results…
Redfin joins the AI race – launches chat-based search plugin
The AI race is well and truly on in the US with real estate brokerage Redfin launching a…