Britain’s housing crisis can only be solved if the government switches to an annual capital gains charge on homes, according to a report. The National Institute of Economic and Social Research (Niesr) warned that prices would continue to rocket, pricing first-time buyers out of the market, while property was lightly taxed compared with other assets that investors can buy. Buyers need to find a deposit of £80,000 to afford an average home, after a 50% rise in prices over the past decade. The thinktank Read more [...]

Scroll to the bottom for photos from reporter Brent Jang’s tour of the property. With a $2.398-million asking price, the fixer-upper built in 1930 might seem overvalued. But in Vancouver’s crazed real estate market, that price would likely be a bargain. The new listing is priced more than $1.1-million under the recent average price for single-family detached houses sold on the city’s west side. From the street, it looks like a bungalow, but there are two bedrooms upstairs. A mountain Read more [...]

Williamson County homes officially spent an average of 60 days on the market, the WCAR reported in December. But that includes all houses up until the moment an offer is pending and the closing is imminent.(Photo: File)Meg and Chandler Farmer went on vacation in Colorado after spending weeks unsuccessfully looking for a house to buy in Franklin. That’s when they unexpectedly spotted a posting on social media that friends planned to move.The house was not yet listed for sale, but the Farmers realized Read more [...]