A Chalet Relocated From Switzerland to Surrey, England, in 1882 Lists for £3.5 Million
Originally meant as a boathouse on the River Thames, the Swiss building now serves as a lavish four-bedroom family home. Read More
BY THE NUMBERS
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TRENDING TODAY
LISTING OF THE DAY
Inside the Most Expensive Condo on the Market in Turks and Caicos
The $20 million condo in Providenciales will sit atop a luxury new development to be completed in 2025. Read More
SMART HOMES
Smart Devices to Help With Spring Cleaning
Enlist some intelligent robots to help you with this seasonal cleanse—and the rest of the year, too. Read More
NEWS BITES
Australian Parents Plan to House Adult Children for Longer
Amid the housing affordability crisis, some Australian parents are willing to spend as much as A$30,000 (US$19,807) to enlarge or upgrade their home so that their adult children can live at home for longer. “We’re being told by customers that they know it is too expensive for their children to move out of the family home, so the home needs to change to accommodate more adults living together longer,” said Tom Trevaskis, chief executive of home builder Burbank. “Three years ago, we rarely had requests like this, but we are asked about upsizing to accommodate families almost every week now.” realestate.com.au
Vietnam Cities Rank Highly for Overseas Investment
Ho Chi Minh City and Hanoi, Vietnam’s two largest cities, are among the top 10 most attractive destinations for trans-border property investment in the Asia-Pacific region, according to a survey from real estate company CBRE. The poll found that the country’s property sector, which has remained attractive to foreign investors and investment funds despite wider real estate market hurdles, appeals most to investors from Asian countries and territories, including Hong Kong, Singapore, China, South Korea and Japan. VnExpress
Home Sales Surged in Southern Nevada in February, Though the Market is Slowing
Southern Nevada home sales surged in February, but the overall market is still moving much slower than it did a year ago, a report shows. A total of 1,722 previously owned single-family homes changed hands in February, up 30% from January but still down 31.5% from February 2022, according to trade association Las Vegas Realtors. Single-family homes sold for a median price of $424,995 last month, virtually unchanged from January. But prices were down 5.6% from February of last year. Las Vegas Realtors President Lee Barrett said that the housing market is “much more balanced now than it has been in recent years.” Las Vegas Review-Journal
Sweden Is Europe’s Hottest Housing Market of the Past 15 Years
Sweden has ranked as Europe’s hottest housing market, with average home prices in the Scandinavian country jumping 176% in the 15 years between 1996 and 2021. The value gains have been underpinned by “a strong and steady growth in population and disposable incomes and a long period of very low mortgage rates,” said Joakim Lusensky, head of analysis and communications at the Swedish Association of Real Estate Agents. Euronews
AROUND NEWS CORP
Asheville Home Near the Biltmore Estate Sells for Record $9.6 Million [The Wall Street Journal]
This ‘Organic Modernist’ House in Oxfordshire Is on Sale for £4 Million [The Times of London]
Sellers Beware! 5 White Lies That Could Hurt Your Chances of Selling Your Home for Top Dollar [Realtor.com]
Uninhabited Private Caribbean Island Lists for $30 Million [New York Post]