INTERNATIONAL
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New Zealand property values show signs of recovery
Property values in New Zealand have returned to growth, signaling the end of 2024's mini downturn and suggesting modest growth ahead for 2025.
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Coalition announces FIRB overhaul
A Dutton Government has pledged to establish a taskforce to reform the Foreign Investment Review Board (FIRB), Shadow Treasurer Angus Taylor has announced.
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Spain’s Foreign Buyer Tax sparks concerns cross Europe
Spain’s proposed 100% property tax on non-EU buyers has triggered fears that other European nations, including France, Greece, and Portugal, could implement similar measures to address housing affordability and over-tourism.
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Douglas Elliman opens new California office
Douglas Elliman, one of the largest independent residential real estate brokerages in the United States, today announces its new San Diego office in the heart of charming Del Mar Village.
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Keller Williams partners with Stone Point Capital, appoints Christopher Czarnecki as CEO
Keller Williams Realty, the world’s largest real estate franchise by agent count, has announced a strategic partnership with Stone Point Capital LLC, a leading investment firm specialising in real estate and financial services.
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Halsey lists historic Los Feliz home for US$5.5 million
Halsey has put her Spanish Colonial Revival estate in Los Feliz on the market for $5.5 million (AUD $8,625,232).
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Five years on: how the pandemic transformed home buying in the US
Five years after the onset of the COVID pandemic, the US housing market looks significantly different. Home values have soared, virtual home touring has become mainstream, and buyer preferences have shifted, according to new data from Zillow.
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Former Mafia Boss Paul Castellano’s Staten Island mansion is back on the market
A Staten Island mansion once owned by notorious mafia boss Paul Castellano has hit the market with a price tag of $18 million (AUD $27.5 million).
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Floyd Mayweather expands real estate empire with US$402 million Manhattan purchase
Floyd Mayweather has unveiled his latest and most expensive real estate investment yet, acquiring 62 buildings in Manhattan for a staggering $402 million (AUD $617 million).
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Apartment rents cool in the US, but family homes stay pricey
Renters in the United States may find better deals on apartments this year, but those looking for single-family homes will likely continue to face high costs, experts say.
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Check out Elvis Presley’s former Beverly Hills retreat with million-dollar views
A Beverly Hills home once owned by Elvis Presley has been listed for $24.5 million (AUD $37.3 million).
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Apollo expands real estate reach with $2.3 billion acquisition of Bridge Investment Group
Apollo Global Management has announced a $2.3 billion (AUD) ($1.5 billion USD) all-stock acquisition of real estate investment firm Bridge Investment Group, strengthening its real estate investment platform.
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Buying beats renting in Pittsburgh and Detroit
In a rare trend reversal, Pittsburgh, Pennsylvania, and Detroit, Michigan, have emerged as the only two US metro areas among the top 50 where buying a home is currently cheaper than renting, according to the Realtor.com January 2025 Rental Report.
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Dubai’s rapid growth brings housing strains
Dubai’s meteoric rise as a global hub has shown no signs of slowing down, but its booming real estate market, skyrocketing population, and worsening congestion are putting growing pressure on residents.
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Miami’s ultra-luxury market hits overdrive: US$100M+ listings are the new normal
From Miami Beach to Palm Beach, billionaire buyers are snapping up ultra-luxury estates, redefining the region’s real estate landscape.
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Historic London penthouse from ‘Oliver!’ is selling for $3.54 million
A stunning penthouse in a converted warehouse that once served as a backdrop for the 1968 Oscar-winning film ‘Oliver!’ is now on the market for £1.85 million (AUD $3.54 million).
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New Orleans continues rebuilding 20 years after Hurricane Katrina
Nearly 20 years after Hurricane Katrina, New Orleans is still repairing homes and reinforcing flood protection systems following the storm that caused US$201.3 billion in damages, killed over 1,800 people, and displaced millions.
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Britney Spears’ former Beverly Hills home listed for $12.2 Million
A Beverly Hills mansion once owned by Britney Spears is back on the market with an asking price of $8 million (AUD $12.2 million).
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Renée Zellweger’s former California ranch Listed for sale
A sprawling Southern California estate once owned by Renée Zellweger has hit the market for $7.995 million (approximately AUD $11.5 million).
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UK student housing market sees record investment from real estate developers
Real estate developers are investing heavily in the UK student housing sector.
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Andy Cohen drops $2 million off the price of his West Village, NY apartment
Bravo star Andy Cohen has reduced the asking price of his luxurious New York City duplex by $2 million (AUD 3.05 million), six months after initially listing it for $14 million (AUD 21.4 million).
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Steve Wynn re-lists lavish Beverly Hills mansion for US$75 Million
Billionaire casino mogul Steve Wynn has put his Beverly Hills estate back on the market for US$75 million (AUD$114 million), marking another attempt to sell the sprawling property after multiple price adjustments over the years.
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LJ Hooker’s brand reset to draw in new agents
LJ Hooker is hoping a bold new brand reset will attract fresh talent to the network, offering agents cutting-edge marketing tools, instant brand recognition and streamlined systems.
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Kris Jenner lists iconic ‘Keeping Up With the Kardashians’ mansion
Kris Jenner is parting ways with her legendary Hidden Hills estate, listing the six-bedroom, eight-bathroom property for US$13.5 million.
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Christie’s International Real Estate expands into Hong Kong
Christie’s International Real Estate has officially launched in Hong Kong, continuing its rapid expansion in East Asia.
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Audrey Hepburn’s former Swiss estate is on the market
The serene Swiss retreat where Audrey Hepburn spent the final 30 years of her life is now for sale, with an asking price of $20.8 million ($33.3 million AUD).
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Capitaland Investment commits over US$700 million to build its first data centre in Japan
Singapore’s Capitaland Investment (CLI) is expanding its digital infrastructure footprint with a $700 million investment to develop its first data centre in Japan, as demand for AI-driven computing power continues to soar.
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Oil Billionaire Bill Koch lists Aspen estate for $125 million
Billionaire Bill Koch has listed his 52-acre (21-hectare) Aspen estate for an eye-watering $125 million (AUD $190 million), more than four times what he paid when he purchased the property for $26.5 million (AUD $40.2 million) in 2007.
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Investors favour apartments and hotels over offices as real estate market rebounds
The commercial property market began recovering in the second half of 2024, with investors shifting away from office buildings and favouring residential property, hotels, and warehouses, according to Morgan Stanley Capital International (MSCI).
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Will Arnett lists Beverly Hills home for $22.5M ($36.1M AUD)
Actor and podcaster Will Arnett has put his Beverly Hills, California, residence on the market for $22.5 million USD (approximately $36.1 million AUD), following significant customisations to the luxury property.
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Luxury real estate is in for a change in 2025
The luxury real estate market is poised for big changes in 2025, with more balanced market conditions, growing multi-generational demand, and increasing female leadership emerging as key trends.
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Manhattan’s biggest retail play since 2021 with US$200M Soho buy
Blackstone is set to acquire a $200 million (AUD $305 million) retail portfolio in Soho, marking the biggest investor-led retail purchase in Manhattan since 2021.
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Former Saudi prince’s mansion sells for $263 million
The Holme, a 40-bedroom mansion in Regent’s Park once owned by the Saudi royal family, has been sold for £139 million (approximately AUD $263 million) in one of London’s largest-ever property sales.
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Luxury rentals dominate prime London market
The Prime Central London (PCL) lettings market demonstrated remarkable resilience in 2024, with luxury and short-term rentals thriving, according to Beauchamp Estates’ annual Prime Central London Lettings Survey.
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Ellen DeGeneres re-lists historic LA home at a discount after move to the UK
Ellen DeGeneres and Portia de Rossi have re-listed one of their last Los Angeles properties for $29.99 million (AUD $45.4 million), marking a significant price reduction from its previous listing of $33.9 million (AUD $51.4 million).
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