Office vacancy rate keeps climbing despite construction slowdown

Amid a deepening housing affordability crisis, roughly 1 in 10 homes in the country is sitting vacant, concludes a new report. Around 14.5 million houses are empty, according to a new analysis of U.S. Census Bureau data compiled by personal finance site LendingTree. However, only a shockingly low number of these homes—fewer than 800,000—are actually up…

While property-level data is essential, it’s only part of the picture. Risk, valuation, underwriting, and long-term performance are all influenced by what’s happening around a property, from market conditions and school zones to demographics and environmental factors. That’s where neighborhood intelligence comes in. A modern property data API should not only deliver property details but…

A dodgy Queensland builder has been fined $8,000 and ordered to pay additional compensation after carrying out work on a home without a licence. A Queensland man has been fined $8,000 and ordered to pay compensation after undertaking building work without an appropriate licence on the Sunshine Coast. Ricky Ayden Potter, sole trader of his…

Lending to borrowers aged 55 and over surged by more than 20% year on year to £6.2bn in the second quarter, but UK Finance says last year’s figure was depressed due to the stamp duty deadline. The industry body says there were 37,300 new loans advanced to older borrowers in Q2, up by 13.4% year…