At least half the home purchases don’t have a mortgage attached. There’s no clear demographic explanation,but there is a reason.
New modelling shows that spending $25,000 on improving energy efficiency – and driving an EV – can save $300,000 over a 25-year mortgage.
A string of property owners faced little to no accountability for keeping their investments in poor condition,a new analysis shows.
Homes built after 2010 have higher star ratings than older homes,but some homes don’t manage to reach their rating at all.
Single buyers who want a freestanding home have select options,even if they are paid a higher than average salary.
The new forecast breaks from other predictions that the market will rise,as higher rates for longer take a toll on home owners and on buyers’ affordability limits.
Some households face spending more than their entire income to keep a roof over their head. The situation is starving industries of workers.
High interest rates and rising prices have pushed key measures of housing affordability to their worst levels on record,and experts say rate cuts won’t help.
The typical home bought in cash costs as much as $2.7 million in some sought-after pockets where buyers don’t need help from the bank.
In the inner city,it can be difficult to get a mortgage for some properties. But in others,buyers don’t even bother talking to a bank.
The house attracted three bidders at auction who had not been in the market but were interested in buying this particular property.