Sales of existing US homes -- the largest part of America's vast housing market -- edged higher last month despite rising prices and tighter supplies, according to an industry report Thursday.
US rents are rising at their fastest pace of the year, increasing by 2.3% in the year to October 2019.
The October Zillow Real Estate Market Report found that the median US rent is now $1,600.
Annual Irish house price growth slowed to a more than six-year low of 1.1% in September as the number of homes built in the third quarter rose 22% year-on-year in a long overdue supply response, data showed on Thursday.
Greece is seeking to attract wealthy investors by introducing a flat tax rate of 100,000 euros ($110,000) for qualified individuals willing to shift their residence to the country.
The residential property market is not out of the woods yet but has seen a continuous uptick in sales volume since 2017 despite economic slowdown and subdued consumer sentiment, and the industry hopes to match the 2013 peak levels in a year or two.
U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes.
Improving market sentiment in France is translating into stronger demand for luxury property with Paris leading the way in terms of sales and price growth which is now expanding into regional markets, according to a new analysis.
Existing home sales in the United States fell back in September following two consecutive months of increases, down 2.2% month on month, the latest industry figures show.
Proposal to counter rising housing costs still requires approval by state parliament
Housing is a significant part of Australia's A$1.95 trillion ($1.3 trillion) economy, with residential construction accounting for around 2% of total employment and 6% of the country's gross domestic product (GDP).
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