UK house prices have fallen annually for the first time in nearly three years as higher borrowing costs and affordability pressures weigh on the market.

China Evergrande founder Hui Ka Yan has been sentenced to life in prison for large-scale fraud by a Shenzhen intermediate people's court.

Exploding renovation costs across Perth are forcing owners who once relied on fix-up-and-flip strategies to rethink whether facelifts will pay off.

A residential property in Woollahra has sold for $8,425,000, with records identifying the vendor as Dr. Paul Bours. Following the sale, the home was placed on the rental market for $1250 per week through BresicWhitney East.

As capital city property values soften, regional Australia is emerging as a resilient alternative for homebuyers seeking better value and livability. Recent data shows regional areas matching or outpacing capital city growth rates and rental performance.