SYDNEY: Australia’s soaring property prices drove household wealth to a record last quarter, while

SYDNEY: Australia’s banking regulator raised the minimum interest-rate buffer that lenders need to account for when assessing home-loan applications, citing growing risks to financial stability from a booming housing market. The Australian Prudential Regulation Authority( APRA) told lenders it expects them to assess new borrowers’ ability to meet loan repayments at an interest rate that is at least three percentage points above the loan product rate, according to a statement yesterday. That’s up

Investors who bet on real estate investment trusts at the beginning of 2021 are reaching for top shelf champagne these days as they prepare to celebrate the new year. They can afford to splurge.... 23, according to real estate analytics firm Green Street.... If that trend continues for the remainder of the year, 2021 will be the REIT index’s best year since 1976 in terms of absolute performance, Green Street said. But will the same strategy work again in 2022?...

boosted by to higher palm oil prices, one-tome gains from disposals and favourable exchange rates. Net

Soaring house prices in the past two years mean thousands of recent homebuyers are unexpectedly

fuelling demand and pushing property prices up, experts said. About 88% of developers recently polled

Council tax bills are expected to be cut for poorer households to ease the pain of the energy price

“ I don’t think a two-year band-aid is going to have an impact on what’s a fundamental lack of supply.” Housing HomelessnessMortgage interest rates are rising.... Housing HomelessnessFor Subscribers Bidding wars make buying a house in L.A.a nightmare.... These buyers found a way around it Southern California home buyers talk about how they made it through — or around — the flurry of ever-higher bids. The industry body for the country’s real estate agents has now backed away from its defense of

local lawmakers to counter" junk fees" often hidden from consumers who rent property — in what one

government came into power, CNG was priced at Rs82, against the current rate of Rs310-320 per kg