Bank of England Holds Interest Rates Steady
Mortgage costs continue to be historically low. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
Eight-Room Home Overlooking the Mediterranean on Spain’s Costa del Sol
The never-lived-in, amenity-laden villa features an indoor pool, Turkish bath, solarium and underfloor heating throughout. Read More
TAX TALK
Are There Property Tax Differences Between Waterview and Waterfront Homes in Canada?
The value of the property is the only factor that will influence your taxes. Read More
NEWS BITES
Tom and Gisele Relist, Drop Price on Manhattan Home Tom Brady and Gisele Bündchen have relisted a New York City apartment, reducing the $17.25 million price they placed on it in 2016. The full-floor apartment at One Madison is now listed at $13.95 million. The couple purchased the 3,310-square-foot four-bedroom, which was designed by famed architect Peter Marino and features 48th-floor views of the Empire State Building, for $11.7 million in 2014. They have moved to a Tribeca home that was listed for $32 million. New York Post
Land Values Drop in Central London Central London’s residential land values have decreased by 2% within the year’s first quarter and by 12% within the past three years, according to research from Savills. The falls go hand in hand with the 4% drop in prices for London homes, which was due in part to the changes in the stamp duty fees. Space in outer London continues to be highly coveted while smaller cities like Birmingham have seen the greatest increases in value. City A.M.
Ireland Continues to See Price Growth Prices in Ireland continue to rise, increasing 12.7% in the year to March 2018. Dublin’s prices were up 12.1% year-on-year, with 11.8% growth in house prices and 13.9% growth in apartment prices. Dublin City was the highest performing area, with 14.2% growth. Compared to its peak in 2007, Ireland’s overall index is 21.6% lower. Since the lowest point in 2013, the national price is up by 75%. Dublin prices have increased by 90.8% since February of 2012. PropertyWire
Single Women in the U.S. Are Outpacing Single Men in Home Ownership Single women are the second biggest demographic in home buying in the United States, surpassed only by married couples, according to data from the National Association of Realtors. In the last year, single women made 18% of home purchases and only 7% came from single men. Single women, on average, spend more on their homes than single men. Developers have taken notice of this reality and some are tailoring homes to what they believe women are seeking. The Washington Post
AROUND NEWS CORP
L.A.’s Hottest New Real-Estate Amenity: Walkability [The Wall Street Journal]
What I’ve Learned From Visiting 100-Plus Open Houses in a Year [realtor.com]
This Late Actress Had the Best Rent Deal in NYC [New York Post]
A Third of Aussies Retiring With Two Homes [news.com.au]