House prices keep going up but they are more affordable thanks to cheap debt

House prices keep going up in most parts of the country but affordability improved last quarter, according to one of the country’s major banks.

Foreign buyers are fuelling a seismic spike in Vancouver’s luxury housing market, realtors say

VANCOUVER — Chinese investors’ global hunt for prime real estate is helping drive Vancouver home prices to record highs and the city, long among top destinations for wealthy mainland buyers, is feeling the bonanza’s unwelcome side-effects.

Australian new home approvals at high levels, but uneven across states

New home approvals in Australia bounced back in July and remain at very high levels by historic standards, according to the latest figures from the Australian Bureau of Statistics (ABS).