real estate

Economists anticipate higher interest rates coming next week

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The Bank of Canada is widely expected to hike interest rates again next week as part of an ongoing effort to curb consumer prices and cool Canada’s overheated housing market. With inflation reaching a 31-year high of 6.8 per cent in April, Bay Street analysts broadly expect that Governor Tiff Macklem and his team of … Read more

Tampa Bay’s Housing Market Sees Intense Bidding Wars – CBS Tampa

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TAMPA, Fla. (CW44 News At 10) – A new report shows Tampa’s housing market is getting more and more competitive, while other areas in the country are showing the opposite. “I’ve gotten to the point where I’m not as shocked, I’m just like ‘this is the market,’” said Kelly Parks, a Tampa Bay Real Estate … Read more

Sydney real estate: high school dropout creates $10m property portfolio

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He was making just $254 a week for his first ever full-time job – but now the Year 10 dropout has a net worth of $10 million. A Sydney high school dropout who was making just $254 a week at his first full-time job has turned the tables and now has a net worth of … Read more

‘It’s a dogfight’ to buy anything in Ontario’s cottage country

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Royal LePage realtor Gail Burton remembers when she would get in her car and her clients would follow her around the Lakefield Kawartha Lakes area, touring one cottage after another in search of the perfect vacation home. But when a buyer called her recently asking if they could see seven cottages in a day, Burton … Read more

NSW real estate: Sutherland Shire gets first $20m sale

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A luxury waterfront house with a car turntable in the garage and other unusual features has set a new benchmark for property in the Sutherland Shire. One of the last street to waterfront estates on the Burraneer Peninsular has sold for $20m, a new residential record for the Sutherland Shire. The sale topped the record … Read more

Mesmerizing estate lists in South Carolina for $13.5M

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Exterior Joshua Corrigan Ellis Creek Photography A “design masterpiece” of a mansion is gracing the real estate market in Bluffton, South Carolina, for $13.5 million. Inside Joshua Corrigan Ellis Creek Photography On the outside, the massive six-bedroom, 6.5-plus-bathroom residence — named the Seven Oaks Estate — has a European-like castle aesthetic, and the interior is … Read more

Where GTA suburban home prices are falling the most — and why

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The GTA is undergoing a real estate shakeup. Interest rates have risen, leading bidding wars to dissipate and prices to cool from the February peak. That shift is being felt acutely in the suburbs — and the drop hasn’t been uniform, with some areas seeing more dramatic falls than others. The average selling price of … Read more

Australia election: Soaring house prices create a new crisis

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Editor’s Note: This story is part of As Equals, CNN’s ongoing series on gender inequality. For information about how the series is funded and more, check out our FAQs. Gold Coast, Australia CNN — Faye sits on a couch, her long hair twisted into a gray braid that comes down to her waist. Her pale … Read more

US home sales fell again in April as prices hit another record high

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CNN — Home sales fell for the third consecutive month in April as rising mortgage rates and affordability challenges pushed many would-be home buyers out of the market. Still, prices continued to climb, reaching an all-time high. The median price of a home in April was a record $391,200, rising 14.8% from a year ago, … Read more

Strategist discusses getting a mortgage when rates are rising

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Historic row houses in Colombia Heights neighborhood of Washington DC, USA amedved | iStock | Getty Images One strategist has told CNBC why she thinks it’s still a “relatively good environment” to borrow money, including mortgages, despite rising interest rates. Kristina Hooper, chief global market strategist at Invesco, told CNBC’s “Squawk Box Europe” on Friday … Read more