Soon-to-Open Crossrail Line Could Be Boon to London Real Estate
The under-construction train route offers quicker travel in and out of the city. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
A Luxury London Duplex Loft With a Very Different History
Once the site of a medieval prison, the building was later a warehouse and is now residential. Read More
SMART HOMES
Fight the Cold with High-Tech Heaters
Toasty technology to take the bite out of chilly weather. Read More
NEWS BITES
Former Home of Ike and Tina Turner Sells for $1.4 Million A home once belonging to Ike and Tina Turner in the Los Angeles neighborhood of View Parkhas sold for $1.4 million. The 1956 four-bedroom, five-bath was remodeled and features custom doors with handles shaped like hands. The space is 3,000 square feet and includes a pool, fire pit and cabana as well as a flagstone fireplace. Los Angeles Times
U.K. Buyers Save £900 Yearly Over Renters U.K. residents who choose buying a home over renting will save an average of £900 (US$1,258) a year. In December of 2017, the average mortgage payment on a three-bedroom home was £679 (US$949), while the corresponding rent would be £754 (US$1,054). The difference between the two has increased by 44% over last year, reaching a four-year high. PropertyWire
Hong Kong Saw Record-Breaking HK$810.5 Billion in Property Sales in Year of the Rooster The recently concluded Year of the Rooster saw a record-breaking HK$810.5 billion (US$103.6 billion) worth of property sales, from 90,000 transactions, in Hong Kong. That was a 44% increase over the Year of the Monkey, when HK$563.4 billion (US$72 billion) was taken in over 74,218 sales. That market strength is expected to continue into the new year. South China Morning Post
Luxury Calgary, Canada, Home to Be Sold at Auction Calgary will see its first residential auction this month, with a C$3.88 million home (US$3.08 million) selling via online bids. The 4,625-square-foot, five-bedroom Tudor has lingered on the market since being listed two years ago. The auction has set no base price and is expected to jumpstart a sale by attracting buyers from around the world. In an effort to make the 11-year-old-home more appealing to buyers from Asia, the street number was changed from 84 to 86. Vancouver Sun
Home Prices in Spain Rose by 7.6% in 2017 Spain continued its recovery from the 2007 housing crash, as the average price per square meter for residential property grew 7.6% per square meter, according to a report Monday by Spain’s property registrars. The increase was due to rising demand as transactions hit 464,233, the most in nine years and 15% higher than in 2016. Murcia Today
AROUND NEWS CORP
Using Yelp to Find the Next Hot Neighborhood [The Wall Street Journal]
Why the Rich Head for the Surrey Hills [The Times of London]
Luxury Condo's Penthouse Units Mysteriously Lit up at Night [New York Post]
Can a Handyman Handle That? 5 Ways to Tell [realtor.com]