Thornton pipeline for Poudre River water faces Larimer County decision

It’s been more than five years since the Larimer County commissioners said no to Thornton burying miles of pipe in the county to transport water from the Cache la Poudre River. Now the northern Denver suburb is back in the same hearing room. And it has the same basic request: Let us move the water … Read more

Melbourne property prices fall slightly while national price growth persists for fifteenth month in a row

Melbourne is the only Australian city where property prices have fallen over the past month, new figures show. Australia clocked its fifteenth month in a row of house price growth, with prices gaining a further 0.6 per cent in April, according to Corelogic’s home value index. While each capital city saw an increase in property … Read more

Anglicare Australia’s rental affordability report shows low-income earners hit by soaring rents: ‘Worst it has ever been’

The Australian dream of owning your own home is being “crushed” by rising rents and over-inflated house prices, a new report finds. After reviewing more than 45,000 rental listings, Anglicare Australia’s rental affordability report has declared the market the worst it has ever been. “This is not hyperbole,” the report released on Tuesday said. Newsletters: … Read more

Adelaide mother’s dream home gone after developer demands extra $140k to finish construction

An Adelaide woman said she’s about to lose her dream home because she’s been slapped with a bill for an extra $144,000 on top of the original price to finish construction of the dwelling and she cannot afford to pay. Fidelma McCorry signed up for a development constructed by Lofty Building Group in October 2021 … Read more

Ten Perth suburbs named on Rising Stars 2024 report by Canstar and Hotspotting

A national property report has poured some cold water on Perth’s property market, claiming it is showing the first signs of tapering off from a three-year boom. The much-vaunted Rising Stars 2024 report by Canstar and Hotspotting ranks Perth as the fourth best place to invest, dropping down from third place in last year’s report. … Read more

National rent in Australia hits record high of $630 a week

The pain keeps piling on for Australia’s long-suffering renters. Asking rents rose their fastest in 17 years in the first quarter as the typically busy start-of-year changeover collided with an already tight market. The median cost of renting a house in the combined capitals reached a record $630 a week, according to real estate platform … Read more

Hundreds of vacant properties in Sydney amid housing crisis

Tens of thousands of homes are vacant across NSW, new data has revealed, as state and federal governments scramble for solutions to the country’s housing crisis. In New South Wales, about 43,183 inactive or vacant homes have been identified, with about 22,000 of the houses in Greater Sydney. The City of Sydney has 1757 inactive … Read more

Housing market ‘supercycle’ tipped to surge values by 30pct

Perth property prices could increase by a whopping 20 to 30 per cent over the next three years, thanks to a once-in-a-generation “supercycle”. That’s according to one of WA’s leading housing experts, who said the boom, which typically occurs once every 30 years, would be driven by a chronic undersupply of homes. Premium Subscribers with … Read more

Colorado’s property taxes, data centers, gun bills and more from the legislature

Legislation promotes construction of data centers. Not everyone supports the idea. Here’s why. A bill that would provide state tax rebates to draw data centers to Colorado has run into opposition from critics who warn of the facilities’ large demands for energy and water and potentially higher costs for other electric customers. The legislation would … Read more

Westminster’s housing crisis faces local opposition, state demands

Jodi Lovejoy can look out the window of her Westminster apartment and see the mountains of the Front Range. She can track the rolling clouds and watch the weather change over the peaks, something she used to do with her children. The neighborhood is quiet, dotted by mature trees. She doesn’t own the two bedrooms … Read more