International
Real estate trends and developments from global markets – what’s happening overseas and why it matters here.
Rising rates cool New Zealand property prices
Rising interest rates are continuing to put pressure on home prices in New Zealand, with the latest data from CoreLogic showing values fell another 1.3 per cent in October.
Why 2021 was the exception, not the rule, in the property market
After a record-setting year for real estate last year, transaction volumes and prices have dropped, however, 2021 should…
The world’s most incredible cliff-top homes
Modern building techniques have enabled homes to be constructed in some of the most beautiful yet challenging locations.
Sandra Bullock selling her San Diego estate
Miss Congeniality star, Sandra Bullock is looking to offload her mammoth 91-acre San Diego compound for US$6 million.
Larry David wins bidding war for a Montecito estate
Curb Your Enthusiasm creator Larry David has acquired a Montecito home in a bidding war, paying US$7.6 million,…
Low-deposit finance across New Zealand becoming harder to get
Low-deposit finance is becoming increasingly hard to secure in New Zealand as banks continue to tighten lending standards.
Inside Cher’s Malibu Renaissance-style home
Academy Award winning singer and actor is known for her extravagant collection of luxury properties, however, her Italian…
Ryan Serhant lists world’s tallest penthouse for $250 million
Ryan Serhant is no stranger to selling high-end luxury property, but his latest listing is looking to set…
First-home buyers quietly returning to the market
Despite rising interest rates, first home buyers appear to have passed “peak pessimism” and are slowing returning to…
US home mortgage rates top 6 per cent for the first time since 2008
Mortgage rates in the US have hit their highest level since 2008, as the popular 30-year fixed rate…
Former REA Group CEO Tracey Fellows retires
Former REA Group Chief Executive Officer Tracey Fellows has announced her shock retirement.
International buyers return to luxury property markets
With travel restrictions continuing to ease by the day, international buyers have returned to hunting for luxury property…
Property values fall in 80 per cent of New Zealand suburbs
Property prices across New Zealand continue to soften with values down in more than 80 per cent of…
Andreessen Horowitz officially invests in real estate startup Flow
Venture capital firm Andreessen Horowitz has officially taken a stake in Flow, the real estate startup founded by…
Melissa McCarthy buys Little Italy penthouse
Bridesmaids star Melissa McCarthy has purchased a Manhattan penthouse that was last listed for US$7.35 million.
Trading up is getting easier in New Zealand
Upgrading your home is gradually getting easier across New Zealand, with new data showing the premium to trade-up…
Inside the ‘Real Housewives ultimate girls trip’ Bahamas home
The Real Housewives are known for their life of luxury, however, during their recent girls' trip to the…
Top 5 celebrity homes in 2022 (so far)
This year has been a busy one for celebrity property purchases, with eye-watering prices paid for many of…
Man inserts chips in his hands to open his Tesla and his house
A tech-savvy Tesla owner has stunned the world by embedding a chip in his hand that acts as…
New Zealand the “canary in the coal mine” for Australian property
Australian homeowners can look to New Zealand’s property market as the “canary in the coal mine” to determine…
Hope for NZ home buyers as housing affordability reaches a “turning point”
Housing affordability across New Zealand has reached a “turning point” as falling house prices and growing wages start…
Harvey Specter’s luxury penthouse for sale in Toronto
The penthouse of high-flying New York attorney Harvey Spectre from the hit TV show Suits is on the…
Current US housing downturn not like pre-GFC
The current downturn in the US housing market might not be as severe as the 2007-2008 crash that…
Australian innovator branches out in US
Australian real estate office outsourcing specialist Property Management Virtual Assistant is expanding its operations into the United States.
Katy Perry gets out of Beverly Hills
Pop sensation Katy Perry has sold her last home in Beverly Hills, with the US$18 million sale of…
Real estate developer builds voice-activated homes in Ghana
A real estate developer in Ghana has taken on the task of building a community of futuristic homes…
China crisis wipes out $90 billion from developers
Chinese property developers have seen the value of their stocks fall by US$90 billion as the China crisis…
WeWork founder looking to take on housing availability
Founder of shared office space provider, WeWork, Adam Neumann is looking to take on the issue of housing…
Larry Ellison lists Palm Beach mansion for $145 Million
Billionaire Oracle co-founder Larry Ellison is selling one of his many million-dollar homes, listing Seminole Beach estate for…
Record breaking US home back on the market
A Beverly Park estate, situated in the most exclusive part of Beverly Hills, California, is headed to auction…
Profitable resales start to fall across New Zealand
Profitable resales across New Zealand have started to fall as interest rates rise and a surge in listings…
Should NZ first-home buyers purchase now or wait?
There might be merit in first home buyers waiting a little longer before trying to get into the…
New Zealand property prices fall at fastest pace since the GFC
Property prices across New Zealand have continued to fall, with the rate of decline now at the same…