INTERNATIONAL
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NZ rental prices fall again
Rental prices across much of New Zealand are falling, with new figures from realestate.co.nz showing the national average weekly rent dropped to $636 in June 2025, a 2.7% decrease compared to the same time last year.
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US private listings strategy could lead to industry “Armageddon,” warns NextHome CEO
The US real estate industry faces three potential futures as the debate over private listings intensifies, with one path potentially leading to catastrophic consequences for the market, according to a leading industry executive.
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Historic Manhattan townhouse with ties to Dr Seuss lists for US$13.5M
Tucked between Lexington and Park in Manhattanโs Lenox Hill, this 1870s townhouse comes with more than just ornate mouldings and modern upgradesโit comes with history. Once the longtime residence of Phyllis Cerf Wagner, a publishing insider with ties to Dr. Seuss and a guest list that included Judy Garland and Sinatra, the five-level property blends literary legacy with luxury living.
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Minimum wage falls short across most of EU countries
The minimum wage canโt cover basic living costs in nearly all European Union countries, with only Belgium offering enough for one person to survive.
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Price drop for Mariah Carey’s music mansion in Connecticut
The New Canaan estate where global superstar Mariah Carey recorded part of her latest album has just had its asking price revised. Once listed at $13.9 million USD (approx. $20.9 million AUD), the propertyโrenowned for its architectural pedigree and celebrity connectionsโis now on the market for $12.4 million USD (approx. $18.6 million AUD).
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Co-location developments could deliver over 31,000 new homes across London
Co-location developments are gaining serious traction in London, offering a bold solution to the cityโs dual housing and industrial land challenges. A new study from Turley reveals just how far the model has comeโand what it could mean for the capitalโs future.
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US housing market expected to cool in second half of 2025
US home values are projected to decline into next year as inventory rises and affordability challenges persist.
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Home run listing: Yoenis Cรฉspedes’ $30M ranch hits the market
Former New York Mets star Yoenis Cรฉspedes has put his 400-acre Port St. Lucie estate on the market for $30 million (approx. AUD $45 million). Designed for privacy, performance, and serious wow factor, the propertyโdubbed โLa Potencia IIโโfeatures a 16,000 sq ft main residence, equestrian facilities, a personal barber shop, and even a batting cage.
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India overtakes APAC peers as commercial property sentiment holds strong
India has emerged as the most resilient commercial real estate market in the Asia-Pacific region, outpacing traditionally strong performers such as Greater China and Australia.
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Pet-friendly rentals attract tenants faster
Landlords who welcome pets in their rental properties are finding tenants significantly faster than those who don't.
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One in four Kiwis โaccidentallyโ buy a home, new survey reveals
A new survey has revealed just how quickly curiosity can turn into commitment in New Zealandโs property market. Nearly a quarter of Kiwis admit to buying a home without planning to.
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Canadian housing market shows signs of recovery
The Canadian housing market displayed early signs of recovery in May 2025, with home sales increasing for the first time in six months while prices stabilised after several months of decline.
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Bella Thorne lists her OTT floral fantasy mansion in LA
Former Disney star Bella Thorne is selling her wildly decorated Topanga Canyon estate, complete with faux flowers, pastel murals and a fuchsia pool table, with the asking price set at nearly $6 million AUD.
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New Zealand property prices flat for 2.5 years as listings cool in winter
The latest data from realestate.co.nz shows the national property market remains steady, with prices flat for 2.5 years.
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UK housing market stabilises after stamp duty surge
The UK housing market is showing signs of stabilisation following a sharp decline in transactions after the end of the stamp duty holiday, with positive indicators suggesting continued resilience in the property sector.
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Compass vs Zillow and the fight to control real estate visibility
A landmark legal battle is unfolding in the U.S., pitting two real estate heavyweights, Compass and Zillow, against each other in a fight over who controls how and where listings appear online.
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Historic Coppola residence hits the market with star-studded past
Once home to members of the legendary Coppola filmmaking family, this 1920s Spanish Revival property in Los Angeles has just hit the market, offering character, history and a celebrity guest list to match.
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18-car garage, yacht dock and a waterfall: Alex Guerreroโs $113m Miami build hits the market
Former Los Angeles Dodgers slugger Alex Guerrero has swapped baseball diamonds for beachfront builds, listing his latest ultra-luxury project in Miami.
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Buyer power grows in US property market as sellers cut prices
The latest data out of the US points to a shift that agents will recognise: increased stock levels, price reductions, and longer days on market are giving buyers more leverage. While still far from a full correction, these conditions suggest a market returning to balance.
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Quality counts: European banks told to watch risky real estate loans
The European Central Bank is urging lenders to tread carefully, particularly when financing commercial properties in less desirable locations.
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NBA luxury: Jim Pallotta lists $57 million estate with cinema, basketball court and a room full of Santas
Former Boston Celtics co-owner Jim Pallotta has listed his epic Weston, Massachusetts estate for USD $38 million (around AUD $57.4 million), and itโs packed with over-the-top extras. Think private cinema, chefโs kitchen with a pizza oven, wine cellar, basketball court, andโyesโa full room dedicated to antique Santa figurines.
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London just beat every city on earth for property investment
Over the past decade, London has cemented itself as the undisputed global magnet for commercial property investment, drawing in an astonishing USD $87 billion (approx. AUD $132.5 billion) from private investors, more than any other city in the world.
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Chinaโs home prices dip again in May, extending prolonged property slump
Chinaโs property market remained under pressure in May, as fresh data showed home prices fell for a second consecutive month.
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Former Bath rugby player Iestyn Lewis poised to sell ยฃ750m property portfolio
Former Bath rugby player Iestyn Lewis is close to sealing a ยฃ750 million (AU$1.4 billion) deal to sell his student housing portfolioโwhile staying on to manage the assets. The deal marks a major payday for the self-made developer, who launched Rengen from his dining room table in 2006.
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India’s infrastructure investment boom reaches new heights
India is experiencing a significant surge in infrastructure investment across real estate, renewables, and roads sectors, with nearly โน17.5 lakh crore expected to be deployed over the current fiscal year and the next.
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Local buyers step up as global property markets reset
As global governments tighten tax rules and investment restrictions, a clear trend is emerging across international real estate: local buyers are taking the lead where offshore interest once dominated. In both London and Australia, this shift is unlocking rare opportunities in high-end postcodes, reshaping the playbook for agents and developers alike.
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US luxury real estate market cools despite rising values
The US luxury housing market is experiencing a slowdown as both buyers and sellers take a cautious approach amid the ongoing economic uncertainty.
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NAR scraps controversial โno-comminglingโ rule
The National Association of Realtors (NAR) in the US has officially overturned its โno-comminglingโ policyโa move thatโs gaining international attention as regulators and digital platforms continue to reshape real estate data practices.
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Dubaiโs digital property play: What Australiaโs agents should know
Dubai has made headlines after its first tokenised real estate offering was fully funded within a single day โ and it could be a sign of what's next in property investment globally.
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Office conversions fuel new housing supply in major US cities
The push to convert under-utilised office buildings into residential units is gaining momentum across the United States, with major cities ramping up policies and incentives to encourage redevelopment in the face of ongoing housing shortages and sluggish commercial office demand.
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US housing market shifts in favour of buyers
The US housing market has entered a buyer's market phase with nearly 500,000 more sellers than buyers currently active in the market, the largest imbalance on record.
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Millennials buck trend with rising interest in homebuying despite mortgage rate pressures
While the broader US population remains hesitant about real estate transactions amid high mortgage rates, Millennials are showing renewed interest in homeownership, according to a new survey from Realtor.com.
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RBNZ cuts rates again
The Reserve Bank of New Zealand has cut the Official Cash Rate (OCR) by 25 basis points to 3.25 per cent, marking its sixth consecutive reduction in the current cycle.
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Australian Airbnb owners on alert as Spain removes 65,000 illegal listings
A landmark court ruling has forced Airbnb to remove tens of thousands of illegal tourist accommodation listings in Spain, leaving Australian short-term rental owners nervous about a potential similar crackdown.
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Home listings spike in the US as cautious buyers keep market in check
The US housing market is showing signs of renewed seller confidence this spring, but buyers remain wary, according to the latest Zillow market report.
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