An Affordable Housing Solution in Australia is to Get Small
Housing affordability is a perennial problem in Australia and has worsened significantly over the past three decades.
Category: Housing Market
U.S. Real Estate Rebound
American home sales are growing as more first-time homebuyers enter the market, driving demand for existing homes throughout the country.
According to the National Association of Realtors (NAR), existing-home sales saw a sharp rise in May, rising 5.1% on a seasonally adjusted annual rate from the prior month. Sales also rose 9.2% on a year-over-year basis, when only 4.9 million units annualized sold compared to the 5.35 million annualized in May.
Substantiating Australian Voter Claims that Housing is More Affordable Elsewhere
Housing affordability continues to be an issue of importance to voters, with a recent Fairfax-Ipsos poll showing 69% of Australian capital city residents disagree that housing is affordable for prospective first homebuyers.
The Health of the World’s Real Estate Markets
The world has divided into two camps as far as housing and real estate are concerned. In one camp, nations that have found a way to grow their real estate markets at an acceptable pace without creating a bubble of overvalued properties. In the other, countries that are floundering amid present or impending real estate busts similar to the one that led to the “Great Recession.”
The Strong Markets
In the UK, ‘Generation Rent’ Heads to the Polls
A growing number of young people are giving up on the idea of owning their own home, according to a new report by the bank Halifax. For “Generation Rent”, increasing house prices are clearly a bad thing.
The Week in Review: Stocks Rally as Home Price Growth Accelerates, U.S. Unemployment Claims Fall
U.S. stocks recovered from last week’s slump as strong home price and unemployment data combined with solid corporate earnings to encourage equity investors to re-enter the market.
U.S. Youth Miss Out on Home Sales Surge, Falling Mortgage Rates
U.S. home sales rose to their highest point in a year thanks to lower mortgage rates and a slowdown in home prices, but few young people are benefiting from the trend.
Economists Stumped as New Home Sales Rise, Mortgages Fall
In a sign of growing wealth inequality and declining middle class purchasing power, more people are buying real estate in America, but less people are getting mortgages.
New home sales surged in the U.S. for the month of August, rising to the highest level seen since just before the global financial crisis began in 2008.
According to the Commerce Department, new home sales jumped 18% from the prior month and 33% above a year ago. The surge in sales was far above analyst expectations, and has left many economists scratching their heads.
Houston Real Estate
Houston real estate is a rapidly developing real estate industry which gives tough competition to it’s counterparts. One can bank on the services offered by Houston real estate.
Houston real estate houses several Houston real estate companies providing value added services in the real estate field.
Houston real estate companies provides real estate help to the residents of Houston in two categories.
