Property owners in mortgage-belt Sydney suburbs are feeling the financial strain, and have the highest rates of distressed sales across the city.

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The majority of people renting residential property are doing so due to financial reasons, with almost half of them admitting they cannot afford to buy property,

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Noida-Greater Noida, situated in the National Capital Region of Uttar Pradesh, has seen exponential growth in recent years, buoyed by several developments. The twin cities have emerged as a hotbed for various infrastructural developments, boosting real estate growth in the region. The emergence of developments like the Jewar Airport, Noida- Greater Noida Expressway, Yamuna Expressway, and many more have driven real estate demand in the region, particularly in the commercial real estate segment.

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New research lays bare the challenges faced by prospective buyers in getting on London’s lucrative property ladder, with mortgage costs across the capital revealed to be 42% higher than average rental prices – substantially higher than other cities like Manchester, Leeds and Bristol.

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Opulent, elevated, expensive. There are plenty of descriptive terms for the $90 million home perched high in Crown Resorts’ twisting skyscraper in Sydney. “Sold” is not one of them.

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Rents increased across every town in regional Victoria over the last five years, and rose as much as 60 to 70 per cent in suburbs that were once more affordable.

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The total number of residential properties listed for sale in Australia fell by 6.4% in April, according to the latest data from SQM Research. The listings dropped from 256,000 in March to 239,660, reflecting a notable reduction during the holiday periods.

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Mortgage insurance for residential property in Hong Kong continues to rise amid a jump in transactions following the removal of cooling measures, hitting a 10-month high in April.

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THE number of home sales in Scotland fell flat in April according to the results of the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, with the market seemingly impacted by the slight increase in mortgage rates over the last few weeks. However, respondents retain a positive outlook for prices and transactions as more properties are listed for sale.

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Buyers and renters alike have been plagued with higher living costs, interest rates and economic uncertainty in the last few months, leading to dampened demand in the UK housing market.

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