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The Latest in Property...
Lana Taylor quit a job at Unilever Plc to buy, renovate and sell homes in Sydney, where prices have increased in 13 of the past 15 years.
U.K. Prime Minister David Cameron set out plans on Monday to force local authorities to build new properties, as the government seeks to boost home ownership and housebuilding.
Growth in Australian mortgages to landlords slowed to the weakest in almost three years, indicating regulators’ efforts to tighten lending to investors are starting to pay dividends.
Palm Hills Developments SAE is planning “aggressive” expansion as more Egyptians move outside congested Cairo and invest savings in real estate rather than the declining stock exchange or foreign currency.
Canada’s housing agency warned against overbuilding after a surge in condo and apartment projects took housing starts to a three-year high.
Brooklyn homes sold at the quickest pace in at least eight years in the third quarter, extending a surge in demand in New York’s outer boroughs that has sent prices soaring to records.
A Chinese investor paid the highest price for two newly built Tokyo houses in more than a decade as residential property values in the Japanese capital accelerate.
U.K. housing market activity picked up in September as improving access to mortgage finance fueled demand, according to the Royal Institution of Chartered Surveyors.
A plan to build a London residential tower inspired by the engineering supporting Yuri Gagarin’s 1961 space flight proved less successful than the Russian cosmonaut’s mission.