Berlin Least Vulnerable to Climate Change Risks
The city’s location and resilience of its homes and buildings put it at the top of a new ranking of world’s wealthiest and most populous cities. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
Live at the Top of a Former Art Deco Theater in London
The penthouse itself spans the sixth and seventh floors and features a private 2,033-square-foot terrace with views toward Kensington Palace. Read More
TAX TALK
What Major Cities in the U.S. Have the Lowest Property Taxes?
Honolulu has the lowest rates, while Rochester, New York, has the highest. Read More
NEWS BITES
A Villa at The Peak in Hong Kong Could Fetch HK$961 Million
A villa in one of Hong Kong’s most exclusive enclaves known as The Peak, is up for sale next Thursday, and the agent Wheelock Properties expects it to fetch as much as HK$961.5 million (US$122.5 million). Developed by Wharf Holdings and Nan Fung Group, the villa has 7,042 square feet of living space with four bedrooms. Hong Kong’s residential market has seen improvement since China’s border reopening earlier this year. The number of transactions rose 40.3% month on month to 4,282 in February, according to Knight Frank, citing official data. South China Morning Post
Former Miss Australia Erin McNaught Buys a Queensland Home for A$2.3 Million
Model Erin McNaught, who represented Australia at the Miss Universe competition in 2006, has bought a new home in Brisbane, Queensland, for A$2.265 million (US$1.52 million). The purchase came after Ms. McNaught, 40, separated from her husband, rapper Example (Elliot John Gleave) last October. Located in the highly sought-after suburb of Toowong, the contemporary home has four bedrooms, three bathrooms and an outdoor pool. Daily Mail
Dubai’s Golden Visa Program Is Driving up Luxury Home Sales
Dubai’s real estate market has surged in the first quarter, driven by the Golden Visa program. In the first quarter, nearly 31,000 homes sold in Dubai, up 50% from a year ago, according to the latest data from DXBInteract.com. “There are two drivers here—sustained luxury home demand and the golden visa program finding new takers,” said Firas Al Msaddi, CEO of fam Properties, a real estate brokerage and consultancy firm. Last year, Dubai lowered the property investment limit for 10-year visas to AED 2 million (US$533,000) from AED 10 million, which instantly attracted a swathe of overseas buyers. Gulf News
Home Sales Rose Again in Southern Nevada in March, While Prices Remained Flat
Southern Nevada home sales jumped again last month as prices stayed flat, with buyer activity overall still well below last year’s levels, according to a report Thursday. The median sales price of previously owned single-family homes—the bulk of the market—was $425,000 in March, virtually unchanged from February but down 7.6% from March of last year, according to trade association Las Vegas Realtors. A total of 2,361 single-family houses traded hands last month, up 37.1% from February but down 27.8% from March 2022. Las Vegas Review-Journal
AROUND NEWS CORP
This Quirky South Carolina Home Makes You Ask: ‘What the Hell’s Going On?’ [The Wall Street Journal]
What £2.7 Million Buys You in Buckinghamshire, London, Essex and Cheshire [The Times of London]
Own a House for $99 a Month? The New, Improved ‘Tiny’ Movement That’s Helping Homebuyers Save Big [Realtor.com]
Churches for Sale Provide Pew With a View [news.com.au]
