INTERNATIONAL
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Expats and international investors stoking the local market
International investors and expats looking to return home to Australia are continuing to show strong interest in many markets across the country and are contributing to upward pressure on house prices.
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The world’s largest housing bubbles
Australian housing prices have been on a record run over the past 12 months, however, a new report suggests it’s nowhere near the biggest bubble in the world.
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Home prices are rising globally, but can wages growth keep up?
House prices have been rising around the world at the fastest rate in 30 years, however some countries might run into problems if wages growth can’t keep up, an expert has warned. Asset management firm Franklin Templeton, notes house prices have been rising globally over the past 12 months, thanks to a combination of low interest rates and monetary stimulus.…
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Smart home technology used by 10 million British residents in 2021
Smart home technology has made a major breakthrough in British mainstream culture over the past few years, reaching a new peak in 2021. There are currently 10 million United Kingdom (UK) residents using smart home technology, which allows consumers to control appliances, thermostats, lights and other devices remotely using a smartphone. The rapid adoption of this new technology is projected…
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US Olympic boxing champion Sugar Ray Leonard lists Los Angeles mansion for US$46.5 million
Gold medal boxing champion Sugar Ray Leonard is one of the wealthiest boxers in the world. With an estimated net worth of US$120 million, it’s little surprise the US Olympian’s Pacific Palisades mansion has been put on the Los Angeles property market for a whopping US$46.5 million. It has been nearly three decades since Leonard purchased just two acres of…
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House prices in Australia and New Zealand growing at record pace
House prices across the planet are growing at a rapid rate, with both Australia and New Zealand some of the best performers in the last 12 months.
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Two Australian cities listed in the top five for entrepreneurial success
Sydney and Melbourne have been highlighted as two of the best cities in the world for aspiring entrepreneurs to start their own business.
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REA Group does a deal for share in PropertyGuru
REA Group has announced that it has entered into a binding agreement to combine REA’s Malaysia and Thailand businesses with Proptech company PropertyGuru.
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New Zealand house construction costs rise at fastest rate in two years
Housing construction costs in New Zealand surged by 1.3 per cent over the first quarter of 2021, according to the latest CoreLogic's Cordell Housing Index Price (CHIP).
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Netherlands researchers planning to print their way out of a housing crisis
Netherlands researchers have come up with a concrete solution to address the shortage of housing in the nation - by printing new dwellings.
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US real estate market booming
Australia is not the only country experiencing a real estate boom in 2021, with new figures from the United States showing national median home values have reached a new all-time.
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Million Dollar Listing stars saddle up for move to Texas
American real estate company Douglas Elliman is expanding into Texas and it’s bringing some big guns with it, including Million Dollar Listing New York star Frederik Eklund.
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The Rock on a roll: Dwayne Johnson buys $45m Los Angeles mansion
Dwayne 'The Rock' Johnson has made a fast and furious purchase, splashing out AU$45 million for a Los Angeles mansion.
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Madonna still living in material world after buying The Weeknd’s California estate
A global pandemic isn’t enough to stop Madonna living large in her material world, with the singer paying $A25 million for a California estate belonging to The Weeknd.
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Are barndominiums the next big thing in the world of modular construction?
There’s a new craze in modular construction barnstorming the world of social media, with interest in barndominiums going through the roof.
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There’s no place like Judy Garland’s former Malibu beach home
As Dorothy said in The Wizard of Oz, “there’s no place like home”, and although you don’t need a pair of ruby slippers to own Judy Garland’s former Malibu beach house, it will set you back more than $5 million.
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Two-thirds of US homebuyers purchasing properties sight unseen, according to survey
More Australian homebuyers have been purchasing properties without making physical inspections over the past year and buying sight unseen is something that has become even more prevalent in the US since the onset of COVID-19.
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How deep are your pockets? Bee Gee Robin Gibb’s former home is on the market
The Long Island waterfront home where Bee Gee Robin Gibb lived in the 1970s and ‘80s is back on the market, but it will set you back a whopping $17 million.
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Tom Cruise selling Colorado mountain retreat
Tom Cruise fans in the hunt for a slice of the Mission: Impossible star’s property portfolio are in luck, with the actor putting his 130-hectare ranch in Telluride, Colorado, on the market for the first time.
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The Agency launches China Desk service to capitalise on imminent demand
COVID-19 has dramatically changed the way we conduct our lives and the public health response by our state and federal governments and key agencies, which has allowed Australians to begin living with a degree of normality, has not gone unnoticed internationally.
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Kelly Clarkson hopes price drop on Tennessee lake house will hit the right note with buyers
Kelly Clarkson has been based in Los Angeles since she took up hosting duties for her Emmy-winning daytime talk show in 2019 and the singer is now dropping the price of her Tennessee lake house - originally US$8.75 million - to $6.95 million ($8.9 million).
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Johnny Depp’s French village estate could be yours… but you’ll need deep pockets
It appears Johnny Depp is readying to relist his opulent French village estate, with Top Ten Real Estate Deals reporting the actor will put the village back on the market at US$55.5 million ($69.5 million).
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Phil Collins sells Miami slice of paradise
When UK-born rocker Phil Collins decided to move to Miami Beach in 2015, the “Can’t Hurry Love” singer soon set his sights on one of the area’s most prestigious mansions on Biscayne Bay.
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Joan Collins set to sell Manhattan pad
Legendary British actress and star of the long-running ABC-hit Dynasty, Joan Collins, has just put her Manhattan pied-a-terre up for sale for almost $2.1 million.
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Infamous former address of Marilyn Monroe sells
On the market since 2017, priced at $180 million then reduced to $115 million, the historic celebrity-magnet Owlwood mansion, the crown jewel of L.A.’s Holmby Hills, has sold for $88 million. Completed in 1936, few Los Angeles mansions have its stature, rolling grounds or have been the center of so much…
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Forbes launches prestige property portal
They are famous for publishing lists of the world’s richest people, now Forbes have launched their own prestige property portal.
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From ‘Zoom Rooms’ to Chef kitchens: 7 top home trends for 2021 from US portal Zillow
Zillow has done the research: but which US buyer and tenant trends will translate to the Australian market in 2021?
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Virtual real estate brokerage eXp celebrates growth milestone
eXp World Holdings have announced the company has exceeded 40,000 agents globally. This represents a year-over-year increase of 60 per cent when compared to 25,000 agents at this same time last year. Publicly traded eXp World Holdings and its global brokerage, eXp Realty, has been pursuing an aggressive growth strategy around the world with a presence in the United States,…
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Priscilla Presley has left the building she called home for 45 years
The actress and former wife of rock legend Elvis Presley bought the Spanish-style compound so Elvis could live near their daughter, Lisa Marie, after their divorce in the 1970s. The estate was listed for sale during the American Summer for the first time in over 45 years seeking $16 million,…
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Ryan Seacrest lists resort-style house for $115.5m
Ryan Seacrest is joining the long list of wealthy Hollywood stars moving away from Los Angeles, as he puts his resort-style Beverly Hills house on the market for a hefty AUD$115.5 million.
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Sydney’s prestige property market to soar in 2021: Knight Frank
Sydney’s prestige residential price growth forecast higher than global average: Knight Frank has released its Prime Global Forecast 2021, in which analysts have provided their prime price forecasts for 22 cities around the globe in 2021, as well as assessing future market drivers and risks • Sydney’s prime residential market…
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Reese Witherspoon sells her Malibu ranch for US$6.7m
Reese Witherspoon has offloaded her second Los Angeles property in the past six months, after recently selling their Malibu ranch in an off-market $6.7m deal.
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Monica, Marge, and Carrie: the TV homes we take design inspiration from
There's a long running joke about the likelihood of the characters from Friends actually being able to afford those spacious Manhattan apartments they live in.
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Success magazine bought by eXp World Holdings
Leading business magazine Success and all related media properties have been bought by eXp World Holdings.
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‘Pain before gain’ – Investors will return with the international students
“Investors who already own property and are suffering may want to hang in there for another six or 12 months."
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