Angelina Jolie and Brad Pitt's Former New Orleans Home Sells for $2.8 Million
Late Microsoft co-founder Paul Allen also formerly owned the historic French Quarter property. Read More
BY THE NUMBERS
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LISTING OF THE DAY
'James Bond' Actor Roger Moore's Former English Country Home Asks £2.1 Million
The late British movie star rented the pretty house in rural Gloucestershire for a couple of years in the 1960s. Read More
DESIGNER'S CORNER
Timeless Textured Fabrics Beyond Boucle
The fuzzy material is trending—but there are many alternatives to give you a similar vibe. Read More
NEWS BITES
UFO-Like Home for Sale in Westchester County, New York
A home in Chappaqua, New York, whose design resembles a UFO is on the market. Asking for $1.9 million, a glass spaceship-like dome tops the 6,800-square-foot home, which sits on 8.86 acres of wooded land. Inside, there are seven bedrooms and six bathrooms, including a two-level primary bedroom wing. Other features include spacious outdoor decks and a large swimming pool directly under the glass dome. Metro
Low Inventory Drove Australian Rents to Record Highs in 2023
Australia's rental inventory fell below demand last year, causing prices to increase across the country at a rapid pace. Both the inner areas of capital cities and the previously cheaper suburbs were affected by rent spikes, as renters sought out more affordable options. The suburb of Swanbourne near Perth saw the largest yearly rent increase, with weekly rent jumping 42.5% to A$1,400 (US$914). Ranking second in rent increases was Risdon Park, a suburb in South Australia, and while its rent remained relatively low at A$330 per week, that's a 40.4% increase from 2022. "The reason we're seeing quick growth in rents at the moment is just down to very limited availability of rentals which means it's extremely competitive to get one," PropTrack senior economist Angus Moore said. realestate.com.au
Wealthy Chinese Buyers Have Been Moving to Japan Since Covid Lockdowns
Amid a slow economy, Chinese businesses and homeowners have been moving money to other countries at the highest rate in seven years, according to government data. Instead of the U.S., a long-preferred destination, wealthy Chinese emigrants have been heading to Japan, especially amid restrictive Covid lockdowns. According to recent reports, the number of Chinese citizens entering Japan on business-manager visas hit a record of more than 2,000 in 2023. Overall, it was estimated that 13,500 Chinese millionaires would leave China in 2023, more than any other country and more than double the amount of millionaires leaving India, which had the second-most millionaires emigrating. NPR
Orlando Home Sales Dropped 20% in 2023
Home sales in the greater Orlando, Florida, area fell by 20.1% last year, with a total of 30,499 sales, according to the Orlando Regional Realtor Association. Still, the median home price increased by 1.5% annually to an all-time high of $370,500. "The housing market in 2023 continued to stabilize from the frenzy we saw during Covid-19. Many buyers chose to wait on buying a home amid rising interest rates," said Rose Kemp, the Orlando Regional Realtors Association president. World Property Journal
AROUND NEWS CORP
Meet the Hockey Diehards Building NHL-Worthy Rinks in Their Backyards [The Wall Street Journal]
Where to Buy a Holiday Home in France—Without Having to Fly [The Times of London]
What Is Minimalism? A Less-Is-More Decor Approach That's a Breeze to Achieve. [Realtor.com]
Australia's 100 Most Expensive Streets [news.com.au]
