Japan’s millions of cheap ’empty houses’ draw foreign interest
There are 9 million “akiyas” — empty houses — across Japan, according to official government data as of 2023. You2u | Istock | Getty Images Buying a home can feel …
Real Estate
Pending home sales take unexpected leap higher in September
Signed contracts to buy existing homes in September jumped a surprising 7.4% compared with August, according to the National Association of Realtors. Analysts had been expecting about a 1% gain. …
Fort Lauderdale developers plan $2 billion marina project
Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Courtesy: ArX Creative A team of developers including Related Group is launching a $2 …
SBI now cautious, selective about lending to NBFCs, says Ashwini Kumar Tewari
State Bank of India (SBI) is “now cautious” about lending to non-banking financial companies (NBFCs), respecting the concerns raised by the regulator, and expects renewables and real estate to drive …
China’s property market is expected to stabilize in 2025
Residential buildings under construction at China Vanke Co.’s Isle Maison development in Hefei, China, on Nov. 27, 2023. Bloomberg | Bloomberg | Getty Images China’s struggling real estate sector may …
Shortage is ‘the biggest difference’ in housing market: Property Brothers
Many factors make it hard to buy a home today, but the one that makes “the biggest difference” in today’s market is the housing shortage, Drew Scott, co-host of HGTV’s …
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to …
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage demand moved lower again last week, even though mortgage …
International interest in ‘very rare‘ Sunshine Coast house and property with views of Glasshouse Mountains
A Singapore-based house hunter is one of a number of parties interested in a “very rare” Queensland property that has hit the market for the first time. Renowned Sunshine Coast …
‘I’m on vacation every single day’
Kavi Vu, 33, moved to Ho Chi Minh City, Vietnam in August 2023. Courtesy of Kavi Vu. When Kavi Vu was 3 year old, her family fled to the United …