Topics: housing market challenges

New York City Mayor Unveils Ambitious Plan to Convert Office Buildings into Affordable Housing

New York City Mayor Eric Adams has recently announced an ambitious plan to address the city's growing housing crisis by converting office buildings into affordable homes.

New York City Mayor Eric Adams has recently announced an ambitious plan to address the city\'s growing housing crisis by converting office buildings into affordable homes.

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The Impact of Rising Interest Rates on Canada's Homebuyers: Detached Homes Under Pressure

A recent report by RE/MAX Canada reveals that a drop in detached home prices in certain Canadian markets attracted a surge in homebuyer activity during the second quarter of the year. However, this comeback in the detached housing market was short-lived as the Bank of Canada resumed its interest rate hikes in June, according to the report.

A recent report by RE/MAX Canada reveals that a drop in detached home prices in certain Canadian markets attracted a surge in homebuyer activity during the second quarter of the year. However, this comeback in the detached housing market was short-lived as the Bank of Canada resumed its interest rate hikes in June, according to the report.

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Australia Rental Crisis: Melbourne's Vacancy Rate Hits Record Low, PropTrack Data Reveals

According to the latest statistics from PropTrack, just 1.41 per cent of rental homes in Melbourne were on the market in July, reaching a historical low.

According to the latest statistics from PropTrack, just 1.41 per cent of rental homes in Melbourne were on the market in July, reaching a historical low.

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