Surging Tokyo property prices squeeze out young professionals
[1/3]Tokyo Tower is seen from the 52nd floor of ‘Azabudai Hills Mori JP Tower’, developed by Mori Building Co., during press preview of the complex in Tokyo, Japan, in this…
Surging Tokyo property prices squeeze out young professionals
By Mariko Katsumura and Rocky Swift TOKYO (Reuters) – Mie Kawamata dreamed of owning a home where she could tend a small garden and her 1-year-old daughter could play outside,…
York Region home prices jump 1.3 per cent to $1.3 million (February 2023)
The average price for a home in York Region was $1.3 million in February 2023, according to the Toronto Regional Real Estate Board. That’s up 1.3 per cent or $17,137…
Apartment prices soar in Kyoto; city fears young people will leave
KYOTO–The Kyoto municipal government plans to impose a tax on vacant homes to prevent young people from fleeing the city due to skyrocketing apartment prices. Demand for Kyoto properties continues…
2 Residential REITs to Buy and 1 to Sell Amid Skyrocketing Rent Prices
Rent prices increased 5.8{4e908c29df01d999f087e4f922633998e2ded1c72f05851cd6252034960daee5} in June from a year ago, marking the fastest pace since 1986, driving the overall inflation higher. The rising mortgage rates have made would-be home buyers…
Why House Prices Skyrocket And Why The New Biden Housing Plan Won’t Work
SOLD With Multiple Offers real estate sign near purchased house indicates hot seller’s market in the … [+] desired neighborhood. Blurred outdoor background. Bidding war concept. getty The Biden Administration…
Lumber prices surge as builders in Japan shun Russian wood
Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a spike in housing costs in the years ahead. Russia accounts…
Asia-Pacific markets up as investors watch oil prices, yen weakness
SINGAPORE — Stocks across Asia-Pacific rose, following a tumble in oil prices overnight. Bitcoin meanwhile surged past a key level, and the yen continued to weaken. Hong Kong’s Hang Seng…