Home Sales, Prices And Real Estate News

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Victorian homebuyers are set to nab a half price stamp duty discount in a bid to reignite the state’s property market under a $6 billlion Big Housing Build plan. The report measured median prices within school catchments over a 12-month period. Deal’s newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. The market for new homes typically cools in the fall, but sales are still running well ahead of last year’s pace. The country’s nine major residential markets have unsold units worth some Rs 6 lakh crore, according to a report in January by PropTiger. People will likely return to the office more quickly than expected and that will help boost the price of some commercial real estate, according to J.P.

A lavish Portsea beach house with a caveat still on the title from Australian Community Media boss Antony Catalano has hit the market and looks to have found a buyer in a matter of days. Australian boards of directors are increasingly turning to experienced chief financial officers to fill vacant CEO positions. The trend has been kicked along by the COVID-19 pandemic. ASX-listed residential developer Sunland Group has sold more assets as part of a strategy to boost its share price. Home prices turn in a mixed performance across California’s metropolitan areas. Data deemed reliable not guaranteed accurate by Pillar9. Trademarks MLS®, Multiple Listing Service® and associated logos owned by The Canadian Real Estate Association identify quality of services provided by members of CREA.

Real Estate News

Surveys & ReportsCalifornians are surveyed annually to gain insights on the housing market from their persepective. Data & StatisticsView the latest sales and price numbers. In a fast-moving Noosa market, interstate buyers are on the back foot. But one Melburnian socialite put herself through quarantine to get there and buy in. The St Kilda house price record has been smashed with the sale of a Federation residence for close to $9 million. Noosa’s small size and its less-transient population are luring buyers seeking a domestic holiday home as the pandemic locks down international travel.

RealtyBizNews talks with Cove CEO Adam Segal about the complexities of the post-COVID commercial market in real estate. JLL has forecast another strong year of investment in Asia Pacific real estate with Jakarta continuing to be a focus for first-time buyers. Colliers has released its Asia Pacific Market Snapshot for the first quarter of 2020, detailing the impact of COVID-19 across all sectors of Indonesia’s property market. Find out the rules for a non-resident in Japan to buy and own real estate in Japan. Ron Wynn has been among the top 100 agents in America for over 10 years, as noted on REAL Trends/Wall Street Journal. Ron has represented over 2,200 sales totaling over $1.5 billion in sales volume in his 30-plus-year career as a real estate broker in California.

On Monday, Bengaluru-based RMZ Corp said it has sold 12.5 million of its real estate assets to Canada’s Brookfield for $2 billion, including its shared working business CoWrks. Last week, another Bengaluru developer, Prestige Group, signed an agreement with Blackstone to sell its rental income assets for around $1.6 billion.

Canada’s industrial real estate sector is thriving, according to a new report from Morguard, however, the same cannot be said of the country’s office space submarket. This year, no one could predict what would lie ahead for the housing market during the novel Coronavirus pandemic that spread across the globe like wildfire.

Asking rental prices across Sydney have been slashed as zero tourists and no immigrants create a glut of empty properties. The auction clearance rate is the highest since March after strict social distancing measures sparked by the coronavirus pandemic put a strain on the property market. There’s a “two-tier” property market in Sydney as buyers swing unevenly into action after the coronavirus lockdown. The first six weeks of the quarter saw 56 per cent vendors withdraw their property from the market. After a mild dip Australia’s house prices are expected to boom through to 2023. Confidence in Brisbane’s property market appears to be returning with a new forecast predicting solid price growth in 2021.

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