INTERNATIONAL
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Trump organisation expands its Middle East presence
The Trump Organisation is set to significantly expand its presence in Saudi Arabia with plans for multiple luxury developments, including a new Trump Tower in Riyadh.
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Inside Jennifer Lopez and Ben Affleck’s US$68 million property
In the heart of Beverly Hills, a sprawling 12-bedroom, 24-bathroom mansion continues to capture Hollywood's attention, not just for its jaw-dropping price tag, but for the high-profile drama surrounding its current status.
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American and Middle East buyers dominate luxury European property market
Wealthy American and Middle Eastern buyers are driving the super-prime property market in Europe, accounting for half of all £20 million-plus sales in London and 80 per cent of luxury deals on the French Riviera.
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Paul Newman and Joanne Woodward’s NYC penthouse is a must-see
The beloved private retreat of Paul Newman and Joanne Woodward is now available for the first time in more than forty years.
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Real estate becomes India’s status symbol as luxury properties dominate 2024
This year, India’s luxury real estate market witnessed a dramatic surge in demand.
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Bob Dylan’s former NYC townhouse hits all the right notes
Located at 242 East 49th Street, this five-story home has a storied past, having housed a roster of prominent figures including Ruth Gordon, Mary Tyler Moore, Franco Zeffirelli, and Bob Dylan, who purchased it in 1990.
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Canada to crack down on Airbnbs
The Canadian government has unveiled plans to help cities crack down on Airbnb and other short-term rental properties, with the goal of increasing housing availability for residents.
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Luxury real estate thrives in Kabul
After decades of war and instability, Afghanistan’s capital is experiencing a real estate boom.
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Monaco unveils Mareterra: the world’s most expensive and controversial “eco-district”
Prince Albert of Monaco has ordered concerts, fireworks and a drone display to celebrate the inauguration of a new neighbourhood that boasts the world’s most expensive real estate.
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Realestate.co.nz declares 2024 a ‘Goldilocks’ market
Described by spokesperson Vanessa Williams as a rare “Goldilocks market,” current conditions (stable prices, rising stock levels, falling interest rates, and increased buyer activity) are creating a unique moment of opportunity in the property sector. “After 18 years of tracking the property market, this is one of those rare moments where certainty and opportunity align,” said Ms Williams. “It’s a…
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Homes at London’s most expensive development start at a staggering £35 Million
Scheduled for completion in Spring 2026 after six years of construction, the 1 Mayfair scheme will eclipse the previous record-holder for luxury developments, the Candy brothers’ £1.3 billion One Hyde Park in Knightsbridge.
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Luxury treehouses become multi-million dollar retreats
Celebrity treehouse builder Pete Nelson is transforming childhood dreams into million-dollar luxury retreats.
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Global investors target US$165 billion in hidden real estate value in Japan
Investors are eyeing-off Japanese companies to capitalise on undervalued real estate.
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US buyers poised to benefit in a shifting 2025 housing market
The US property market is set to provide more breathing room for buyers in the New Year, according to Zillow’s latest market outlook.
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China’s massive urban village overhaul: 1 million homes, 300 cities, and a real estate revival
China has announced a major expansion of its urban village redevelopment program, increasing coverage from 35 cities to nearly 300 as part of efforts to stabilise the real estate sector.
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UK renters face 18% hike by 2029 amid housing supply challenges
In London, renters are already allocating almost half of their monthly income to housing costs.
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Big US cities challenge algorithmic rents
San Francisco and Philadelphia are leading the charge against rent-setting software, passing laws to regulate the use of algorithmic systems that leverage nonpublic data.
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Shanghai leads the way in real estate tax incentives
Shanghai has become the first major Chinese city to roll out tax incentives aimed at boosting its property market.
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The growing trend of downsizers renting through retirement
In the UK renting in retirement has embraced, eliminating the stress and expense of property maintenance.
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NYC ends broker fees for renters
The New York City Council’s recent passage of the Fairness in Apartment Rentals Act represents a significant shift in the city’s rental market. This legislation mandates that landlords, rather than tenants, bear the cost of broker fees when brokers are hired to list and show apartments. Traditionally, New York City renters have been responsible for these fees, which can amount…
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Trump victory drives record US searches for NZ property
New Zealand property searches by US residents spiked dramatically following Donald Trump’s election victory, particularly from Democratic-leaning states.
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Singapore’s heritage Shophouses snapped up by wealthy investors
Comparable to New York’s brownstones or London’s Soho properties, these iconic buildings are seeing record prices, attracting billionaires, and local developers.
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REA Group: Healthy market boosts listings and revenue
REA Group (ASX) has reported a strong start to the 2024 financial year, with revenue from core operations reaching $413 million, a 21% year-on-year increase. REA Group CEO Owen Wilson said this impressive performance reflects strong seller confidence and high listing volumes, providing buyers with more options and moderating house price growth. “Seller confidence continued to drive a strong listings…
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Million Dollar Listing New York’s Kirsten Jordan shares her secrets for real estate success
Kirsten Jordan, the luxury real estate powerhouse on Million Dollar Listing New York, has carved a path in one of the world’s most competitive markets. Here's her advice to fellow agents.
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Mortgage rates rise following Trump victory
Mortgage rates surge higher on Trump victory, causing housing stocks to fall.
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Political tensions high as one in five Americans report neighbour disputes
As Americans head to the polls, a new report by highlights the depth of political divisions in communities across the US.
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Americans eye Canadian real estate as 2024 election heats up
With the 2024 US presidential election going down to the wire, there's been a marked increase in American interest in Canadian real estate.
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NZ property market sees decade-high stock levels
Buyers are in the driver's seat in New Zealand as stock levels are at a ten-year high.
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Japan’s abandoned homes spark viral trend yet pose investment risks
As Japan faces a growing number of abandoned homes, known as akiyas, content creators are finding viral fame by buying and renovating these cheap properties.
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Why agents need to ramp up their social media game
Industry experts Steve Carroll and Melanie Hoole explain why authenticity, strategic content, and paid advertising are game-changers in real estate marketing
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Buyer activity climbs as Kiwis reconsider the ‘forever home’
Following New Zealand’s recent drop in the Official Cash Rate (OCR), the property market is seeing a noticeable increase in buyer activity. According to new data from realestate.co.nz, enquiries have spiked by over 25%, indicating rising confidence among buyers and echoing similar, though smaller, interest following the previous OCR cut in August. Vanessa Williams, spokesperson for realestate.co.nz, attributes this shift…
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US election: what to expect if Trump or Harris wins
Donald Trump and Kamala Harris present contrasting policies that will directly impact real estate, from interest rates to affordable housing initiatives.
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Build-to-Rent faces global challenges
The Build-to-Rent (BtR) sector in both the UK and Australia is playing an increasingly crucial role in addressing housing shortages.
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Australia urged to adopt European style co-operative housing to address rental crisis
The Business Council of Co-operatives and Mutuals (BCCM) recommends that the Government adopt co-operative housing like Copenhagen, Vienna and Zurich.
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US builders shift focus to condos and townhouses amid affordability crisis
Builders in the US are adapting to the ongoing housing affordability crisis by constructing more high-density homes according to new analysis.
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