Island’s Luxury sales keep mid-September real estate sales momentum Real Estate

Five deals over $1 Million selling price closed in Key Biscayne during the period of Sept. 19-23. A fully remodeled Casa del Mar corner unit in Key Biscayne was the highest seller with a price tag of $3.475 million. The property boasts 3,120 square feet, two balconies and endless views fit for the lucky buyer. … Read more

As businesses buy up rural properties, private renters struggle to find somewhere to live

Australia is in the middle of a housing shortage, which is seeing more employers purchase accommodation to attract workers, but the move is making it harder for private renters to find a home. Key points: Workers are competing with councils and businesses to rent and buy houses in rural communities Businesses say worker accommodation is … Read more

Shift to Working from Home Diminished Large Cities’ Productivity Premium

National Sitian Liu and Yichen Su August 30, 2022 While workers and employers reap many benefits from work-from-home arrangements, coming into the office also has advantages, particularly for innovation-based occupations where the exchange of ideas and formation of professional networks are important. These types of jobs are typically concentrated in large cities, where workers’ productivity … Read more

Should the government freeze rents for two years? The Greens think it is a no-brainer, but economists are less certain.

The federal Greens are calling for a nationwide two-year freeze on rent increases as part of a plan to ease pressure on tenants. Key points: The Greens are calling for rents to be frozen for two years. They want to see increases capped at 2 per cent every two years after the freeze ends. Rising … Read more

Southwest MLS and Rental Beast Advertise Partnership

ALBUQUERQUE, NM, Aug. 22, 2022 (GLOBE NEWSWIRE) — Southwest Multiple Listing Service (SWMLS), a wholly-owned subsidiary corporation of the Greater Albuquerque Association of REALTORS® (GAAR) announced today a partnership with Rental Beast, the leading rental solutions provider with a database of more than 10 million owner-sourced rental listings. Through this partnership, Rental Beast’s signature core … Read more

The Canadian real estate that smart money is still desperate to buy: industrial warehouses

Employees work at the Amazon fulfillment center in Brampton, Ont. in 2018.Chris Young/The Canadian Press Unrelenting demand for Canada’s storage and distribution warehouses is vaulting that segment of the real estate market into a new echelon, with industrial properties in and around cities such as Toronto and Montreal commanding some of the fastest-rising prices in … Read more

Zellers returns, inflation slows and rent is ruining financial futures: The business and investing stories you need to know about this week

A shopper outside the Zellers store in Mississauga on August 16, 2004.Tibor Kolley/The Globe and Mail Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more. Don’t call it a … Read more

Mother struggles to find affordable living as the cost of rent increases across Metro Detroit

DETROIT – As people try to make ends meet, the rising cost of rent is a constant struggle. Right now, the average cost of rent across Metro Detroit is $1,176 will get you a little less than 800 square feet. In Warren, you’re paying $950 a month. The cost of rent is higher in Southfield … Read more