Housing
US mortgage rates nudge higher, reaching 6.11% for 30-year loans
[WASHINGTON] Mortgage rates in the US rose for a third week, adding slightly to housing costs with the key spring sales season ahead.
Seoul apartment prices rise further even as President Lee hardens resolve
The president has argued that rising apartment prices reflect distorted incentives rather than genuine housing needs
New Zealand house prices hit 30-month low as buyers hold back
Economists and the RBNZ expect the jobless gauge has peaked, which will feed into rising wages later this year
US builders push ‘Trump Homes’ to win backing for a million houses
The effort comes at a time when the cost of buying a home is historically high
South Korea’s president vows to smash ‘devil’ of housing speculation
He says that soaring housing costs are forcing young people to abandon plans for marriage and childbirth
Home prices rising by the week shatter ownership dreams in Seoul
Tougher mortgage limits have transformed South Korea’s capital into one of the most restrictive home-loan markets in the world
Australia’s home-price gains accelerate even as rate hike looms
Perth has recorded the fastest price growth at 2%
China new home prices rise in January as government signals support
New home prices rose 0.18% month-on-month, easing from a 0.28% gain in December
Shorter waits for 1,300 BTO flats on sale in Feb; Tampines project to be ready in less than two years
It is one of the fastest flat completion times since such shorter waiting time projects were introduced in 2018
Even London’s ever-optimistic brokers see gloom for luxury homes
Savills predicted that prices would drop 4% in 2025 – its most bearish call in years
