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Sydney auctions see St George and Eastern Suburbs price reserves blitzed
realestate.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realestate.com.au Daily Mail and Mail on Sunday newspapers.
House without a toilet or power just sold for R49 million in Australia, as global property markets boom
businessinsider.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.co.za Daily Mail and Mail on Sunday newspapers.
Photos: House Without Toilet or Power Sold for $3 5M in Hot Market
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
A housing frenzy is sparking bidding wars from Barrie, Ont to Shenzhen
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A Housing Frenzy Is Sparking Bidding Wars From New York to Shenzhen
Bloomberg 5 hrs ago
(Bloomberg) Around the world, property markets are going bananas.
From the U.S. to the U.K. to China, housing is riding an extended boom. Global valuations are soaring at the fastest pace since 2006, according to Knight Frank, with annual price increases in double digits. Frothy markets are flashing the kind of bubble warnings that haven’t been seen since the run up to the financial crisis, a Bloomberg Economics analysis shows.
On the ground, outrageous stories are rife, with desperate buyers promising to name their first-born after sellers and derelict buildings selling for mansion prices.