Finance News – Properties
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Drop in new properties for rent is steepest since Covid, says Rics
The sharp decline in newly available rental properties suggests reduced supply, which, coupled with consistent demand, may lead to increased rental costs for tenants in the near fu...
Read Full Article →Institutional landlords see new competition from an unexpected source
A growing number of property owners are choosing to withdraw their assets from sale and instead lease them, introducing additional supply and potential challenges for established l...
Read Full Article →Flight of the non-doms: how worried should Labour be about the super-rich leaving the UK?
The departure of high-net-worth individuals from the UK in response to tax policy adjustments may impact government revenue and economic stability, although quantifying this effect...
Read Full Article →GTA home sales down year-over-year in June, listings up: real estate board
The decrease in property transactions alongside an increase in available homes may affect market dynamics and pricing trends in the Greater Toronto Area's real estate sector.
Read Full Article →Detroit sues real estate tokenization firm RealToken over 400 blighted properties
The lawsuit could impact RealToken's financial stability and investor confidence by challenging its blockchain-based property sales involving over 400 deteriorated homes in Detroit...
Read Full Article →Detroit Sues Crypto Real Estate Platform Over Safety, Health Violations
The city has taken legal action against a digital asset platform for allegedly neglecting numerous properties, resulting in potential financial losses for investors and concerns ab...
Read Full Article →Investors and government housing dominate Broome real estate
The presence of external investors and government-owned housing significantly influences Broome’s property market, affecting affordability and availability for local residents seek...
Read Full Article →Business rates to hammer the West End: ‘This whole policy is nuts’
The planned increase in taxes on high-value commercial properties is expected to significantly impact key districts such as London’s West End, raising concerns about its effectiven...
Read Full Article →Is The Housing Market Just Gen-X Trading Properties? One Shocking Statistic Suggests So
A recent statistic indicates that property transactions within the housing market are predominantly conducted by individuals belonging to the Generation X demographic, highlighting...
Read Full Article →Hefty cost for business after Yorke Peninsula's 24-hour blackout
The recent 24-hour power outage affecting thousands of properties on Yorke Peninsula has led many local businesses to face significant unprotected financial losses, highlighting th...
Read Full Article →In Ontario, selling at a loss becomes commonplace
A recent study indicates that a significant portion of properties purchased in Ontario during 2022 are being resold at lower prices by 2024, reflecting broader market trends.
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