INTERNATIONAL
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Nine in ten Kiwi property owners still making a profit, despite market challenges
Despite a softening property market, the vast majority of New Zealand property sellers are still walking away with solid gains, according to the latest Pain and Gain report from Cotality.
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Quincy Jones’s palace could be yours – for $91M
The former Bel-Air estate of legendary record producer and composer Quincy Jones has officially hit the market, with an asking price of US$59.995 million (approximately AUD $91.3 million).
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Brookfield’s US$16B bet: buying big while property crashes
Brookfield Asset Management has raised $5.9 billion (approx. A$9.1 billion) in the first quarter of 2025 for its latest global real estate fund, bringing total commitments to $16 billion (approx. A$24.6 billion). This represents the firm’s largest real estate vehicle to date and comes amid rising investor interest in distressed commercial assets.
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Inside the US$38.5M mansion for sale in Florida’s ultra-exclusive Bear’s Club
A newly constructed luxury mansion has hit the market for $38.5 million (approx. AUD $59.5 million) in the Bear’s Club, one of Florida’s most exclusive gated golf communities.
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Americans must now earn over US$114,000 to afford the median-priced home, Up 70% Since 2019
Buying a home in the United States has become significantly less attainable, with new data revealing that the annual income needed to afford a median-priced property has climbed to $114,000—up from $67,000 in 2019. As mortgage rates remain elevated and prices hold firm, many would-be buyers are being priced out. However, signs of a market shift are emerging, with increased…
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Where Ziggy Stardust began: David Bowie’s childhood home in London for Sale
A modest Victorian terrace in Bromley with a brief but meaningful link to David Bowie has been listed for sale.
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Kiwi property market defies global trends
Despite ongoing global economic uncertainty, New Zealand’s property market has remained steady in April, with national prices holding firm and stock levels rising, according to the latest figures from realestate.co.nz.
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Luxury meets rock legacy: Gene Simmons’ Beverly Hills house hits the market
Rock legend Gene Simmons is ready to part with his ultra-modern Beverly Hills home — but only to the right buyer. Listed at $13.995 million (approx. AUD $21.5 million), the sleek hillside property offers smart-home features, city-to-ocean views, and a clear warning: “No schmucks.”
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The ultra-rich hideaway you’ve never heard of
A tiny, secretive city in California has become a haven for billionaires and multi-millionaires seeking privacy, exclusivity and sprawling estates hidden behind gates and security guards.
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Canadian real estate investment in US threatened by political tensions
Growing tensions between the United States and Canada are raising concerns about the future of billions in Canadian real estate investment flowing into American markets.
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John Stamos’ former mansion lists for US$13 million after major reno
A grand Mediterranean-style mansion in Calabasas, once owned by Full House star John Stamos, has returned to the market for just under US$13 million (AUD $20,631 million) - more than 20 years after the actor sold it.
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US sellers optimistic about housing market despite high interest rates
Most homeowners looking to sell their properties this year are confident they will get their asking price or more, despite challenging market conditions.
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US real estate agents urged to diversify as TikTok faces uncertain future
TikTok has received a 75-day extension to comply with US regulations requiring the platform to either sell its operations or face a nationwide ban, creating uncertainty for real estate professionals who rely on the platform for marketing.
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Overseas demand for UK property hits record low
The number of international buyers registering to purchase residential property in the UK has fallen to its lowest level since records began, with new figures pointing to tax changes and shifting political dynamics as key deterrents.
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US warehouse sector faces pressure amid trade tensions
Trade war concerns are sending shockwaves through the warehouse and logistics real estate sector in the US, with major players seeing significant stock declines in recent months.
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Sardinian seafront villa sells for more than €160 million in record-breaking deal
A seafront estate on Sardinia’s exclusive Costa Smeralda has sold for more than €160 million (AUD $267 million), setting a new record for the most expensive residential sale in Italy.
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Tariffs, trade and turmoil: how global uncertainty could shake up Australia’s housing market
A trade war might be unfolding on the other side of the globe, but its impact is hitting closer to home. Domain research unpacks how tensions between major global economies are sending ripple effects through Australia’s property landscape.
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Scarlett Johansson and Colin Jost snap up “bargain” Upper East Side penthouse for US$13M
Hollywood actress Scarlett Johansson and comedian Colin Jost have secured a prime piece of New York real estate, buying a grand triplex penthouse at 1220 Park Avenue for US$13 million (AUD $19.7 million).
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Ireland’s global pitch to solve its housing crisis
Ireland made its first official pitch at MIPIM, Europe’s biggest real estate trade show, aiming to attract international capital to help close a €20.4 billion annual housing funding gap.
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Andy Warhol’s former NY townhouse selling for $10.6 Million
A rare piece of pop art history has hit the market, with Andy Warhol’s former Manhattan townhouse listed for $6.95 million (approx. AUD $10.6 million).
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Kanye West’s former Malibu mansion listed for US$39 million
A beachfront Malibu property once gutted by rapper Kanye West has returned to the market with a US$39 million price tag while still undergoing extensive renovations.
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Extell secures final Fifth Avenue lot for $265M AUD, plans $1.5B tower with Manhattan’s first IKEA
After a decade of strategic acquisitions, real estate heavyweight Extell Development Company has finalised its long-anticipated deal for the final parcel at 576 Fifth Avenue, securing full control of the entire block between West 46th and 47th Streets in Midtown Manhattan.
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Norway’s oil fund buys 25% stake in London’s Covent Garden for £570 Million
Norway’s sovereign wealth fund, the world’s largest at US$1.8 trillion, has acquired a 25 per cent stake in London’s Covent Garden for £570 million, continuing its expansion into some of the city’s most prestigious real estate.
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Lagging construction might mean rent will rise in the US
Declining multifamily construction permits could lead to higher rent prices in major metros despite recent rent decreases.
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Rate wars could see borrowers opt for longer fixed terms
New Zealand borrowers may soon shift away from short-term fixed mortgages as banks engage in "rate wars" offering lower 2-3 year fixed rates.
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Dar Global invests AUD$613 million in Saudi Arabia’s residential market
Luxury real estate developer Dar Global has made a significant move in Saudi Arabia’s booming property market, investing €358 million (AUD $613 million) to acquire two residential-led development sites in Jeddah and Riyadh.
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New York’s Woolworth mansion drops price to just under US$50 Million
A landmark Upper East Side townhouse, known as the Woolworth Mansion, has seen its asking price slashed by nearly $10 million, now listed for just under $50 million (AUD $76 million).
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Trump’s tariffs push up construction costs for US developers
Real estate developers across the US are facing rising costs as President Donald Trump’s latest tariffs increase prices on key building materials, including steel, aluminum, copper, and tiling.
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Ellen DeGeneres lists one of her last US homes following UK move
Ellen DeGeneres is continuing to shed her US real estate portfolio, putting one of her last remaining Californian properties on the market for $5 million (approx. $7.6 million AUD).
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Trillions in real estate at risk from natural disasters
Natural disasters are threatening trillions of dollars worth of residential real estate across the United States, with extreme wind, fire and flooding posing significant dangers to property values.
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Rental prices drop in Auckland and Wellington, offering relief for renters
New data from realestate.co.nz shows that rental prices have dropped in two of New Zealand’s largest cities, with Wellington seeing the biggest decline.
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Dubai’s real estate boom reshapes the Gulf’s luxury market
Dubai’s property market continues its rapid expansion, with residential sales reaching AED 120 billion ($32.7 billion) in the third quarter of 2024, driven by an influx of high-net-worth buyers.
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US housing shortage reaches nearly 4 million homes
America is facing a critical housing shortage of 3.8 million homes, making homeownership increasingly unattainable for millions of Americans despite recent construction gains.
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Step inside Keira Knightley’s ‘Black Doves’ home
The grand Victorian villa that served as Keira Knightley’s on-screen home in the Netflix spy thriller Black Doves is now on the market for £5 million (AUD $9.7 million).
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Rocket Companies to acquire Redfin in US$2.4 billion deal
Redfin has announced that it will be acquired by Rocket Companies in an all-stock transaction valued at $2.4 billion, marking a significant shift in the real estate and mortgage industries.
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