INTERNATIONAL
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Italy’s tax policies are attracting the world’s ultra-wealthy
Italy has become a magnet for the world's wealthiest individuals thanks to favourable tax policies that are driving a luxury real estate boom across the country.
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Compass to become world’s largest real estate brokerage in $1.6 billion merger
Compass is set to become the largest residential real estate firm globally after announcing a $1.6 billion acquisition of major rival Anywhere.
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Justin Timberlake and Jessica Biel’s penthouse hits market for $40 million
Justin Timberlake and Jessica Biel's former New York City penthouse has returned to the market with a hefty price increase, now listed for US$39.995 million (AUD$60 million) after the celebrity couple sold it for US$29 million in 2021.
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US housing market in transition as buyers gain ground
The housing market is showing signs of shifting toward buyers, though experts hesitate to call it a full buyer's market yet.
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Sellers retreat as US housing market shifts
The housing market is experiencing a significant shift as sellers pull back from listing their homes in response to cautious buyer behaviour, creating a new dynamic in the real estate landscape.
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Canadian investor eyes $15.4bn deal for major US affordable housing landlord
A Canadian investment giant is in advanced talks to buy one of the largest owners of manufactured homes in the United States, in a deal worth more than $15.4bn. The proposed takeover would mark one of the biggest real estate acquisitions in recent years and highlights growing investor interest in affordable housing.
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Canadian interest in US properties plummets amid tariff tensions
Canadian homebuyers are increasingly turning away from US real estate as trade tensions between the two countries intensify.
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Scottish house prices rise despite flat demand
House prices in Scotland continued to edge upward in August despite a flattening in buyer demand.
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Londoners buying fewer homes outside the capital
Londoners are purchasing the lowest share of properties outside the capital in more than a decade, as stalling house prices and a return to office work limit their ability to relocate.
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Property Finder secures US$525m investment from global heavyweights
Dubai’s Property Finder has scored a US $525 million (AUD $798 million) investment from global private equity giants Permira and Blackstone, giving the real estate listings platform fresh firepower to expand across the Middle East and North Africa.
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Branded residences boom as luxury buyers seek community, wellness and status
Once the preserve of luxury hotels, branded residences are expanding fast — with fashion, motor and wellness brands selling homes that promise not just comfort, but community.
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Back to the Future star puts Santa Barbara retreat on the market
Back to the Future star Christopher Lloyd is parting ways with his Montecito retreat, listing the three-bedroom Santa Barbara estate for $9.8 million (US $6.385 million). Set on more than six acres with sweeping ocean views, the property blends contemporary design with a sense of calm and seclusion.
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US housing affordability expected to return to normal by 2030
US housing affordability could return to normal levels by 2030 if home price growth stabilises and mortgage rates fall to 5.5%, offering hope to frustrated homebuyers.
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Weak dirham attracts British property investors to Dubai
The falling value of the UAE dirham is creating new opportunities for British property investors looking to purchase homes in Dubai.
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Brad Pitt buys $12 million Hollywood Hills mansion
Hollywood star Brad Pitt has purchased a US$12 million ($AUD18 million) Spanish-style mansion in the prestigious Outpost Estates enclave of Hollywood Hills, adding to his impressive real estate portfolio.
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New Zealand lifts foreign buyer ban on $5m luxury homes
New Zealand is rolling out the welcome mat for the ultra-wealthy, reopening its doors to foreign buyers at the luxury end of the property market.
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Canada’s condo market stumbles as retirees rethink strategy
Canada’s once-booming condo market is facing growing scrutiny as a viable retirement asset, with high inventory, falling rental yields, and shrinking unit sizes dampening investor confidence.
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B-52s’ Kate Pierson lists quirky Woodstock cabin for sale
B-52s frontwoman Kate Pierson is parting ways with her quirky Woodstock hideaway, listing the three-bedroom cabin for $750,000 (AUD $1.1m).
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UK house prices show resilience
The UK property market is experiencing steady activity despite experts downgrading growth forecasts for the coming year.
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Tyson and Paris Fury cash in on UK seaside home
Heavyweight champion offloads six-bedroom Morecambe home for £700,000 (A$1.45m), banking a sizeable profit despite trimming the price.
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Ras Al Khaimah and Ajman emerge as key entry points for expat buyers
Expatriates entering the UAE property market for the first time are broadening their horizons beyond Dubai, with new data from Property Finder showing Ras Al Khaimah, Ajman and Abu Dhabi communities rising in appeal. The findings suggest a growing appetite for affordability, liveability and rental yield potential in secondary emirates - an important signal for agents, developers and investors positioning…
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Silvio Berlusconi’s “bunga bunga” villa on track for record-breaking sale
The sprawling Sardinian villa that once belonged to former Italian Prime Minister Silvio Berlusconi is close to being sold for approximately €500 million (AUD$896 million) to a wealthy Arab businessman.
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Extra bedrooms add hundreds of thousands to Kiwi house prices
New Zealanders are paying big premiums for extra bedrooms, with new data showing national price jumps of up to 43 per cent between three and four-bedroom homes.
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Not so spooky: Tim Burton lists English Georgian manor for $9.35m
The gothic filmmaker’s Georgian estate on the River Thames is more fairytale than fright night.
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Evergrande delisted from Hong Kong Exchange after years of turmoil
Once the crown jewel of China’s property boom, Evergrande has officially been delisted from the Hong Kong Stock Exchange. With more than $300bn USD ($459bn AUD) in liabilities and only a Claude Monet painting among its scraps of recovered assets, the fall of the developer marks one of the biggest financial collapses in real estate history.
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Home sale cancellations hit record high in the US as buyers retreat
Home purchase agreements in the US are falling through at the highest rate in years as buyers grapple with affordability concerns despite a slight increase in overall sales.
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Puglia emerges as Italy’s new property hotspot
Puglia, the heel of Italy's boot, is rapidly gaining popularity among international property buyers, challenging Tuscany's long-held dominance in the luxury real estate market.
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UK housing market sees strongest July sales since 2020
The UK housing market experienced its busiest July for property sales since the post-lockdown boom of 2020, as sellers adjusted prices to attract buyers in the current economic climate.
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NZ: OCR cuts not over yet
New Zealand’s central bank has cut the Official Cash Rate (OCR) by 0.25 percentage points, and further reductions may be on the way as the economy struggles with weak growth and rising unemployment, according to Cotality NZ Chief Property Economist Kelvin Davidson.
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Private equity executives swap London for Lake Como amid tax exodus
Rising taxes in the UK are prompting a wave of private equity executives to relocate, with Italy, and increasingly Lake Como, emerging as the destination of choice. Estate agents say Milan’s luxury apartment market is at breaking point, pushing high-net-worth buyers toward grand villas on the lake once reserved for Hollywood’s elite.
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US home sellers playing the waiting game
The traditional summer surge in US home sales has stalled as sellers hold off listing their properties in hopes of securing higher prices in the future.
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HSBC flags 73% of Hong Kong commercial property loans as risky
HSBC has revealed that 73 per cent of its Hong Kong commercial property loans are now considered at higher risk, underscoring the deepening challenges in one of the world’s most expensive real estate markets. The warning comes amid falling office rents, record-high vacancies, and mounting financial strain on smaller developers, placing fresh pressure on the bank’s $32bn (AUD $48.4bn) exposure…
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Supermodel Adriana Lima lists high-security Brentwood estate for $24.4m AUD
Supermodel Adriana Lima is selling her ultra-secure Brentwood estate, complete with AI-powered cameras, laser beams, and 24/7 armed patrols, for US $15.995 million (A$24.4 million).
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