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U.S. Home Prices Rise in October, Projected Sales to Grow Through 2025
In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior.About 4 million homes are expected to be sold by the end of 2025, an annual increase between 2% and 9% from 2024. (CNBC) 12/9/2024
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Home Gifting in the UK Rises 40% as Tax-Free Transfers Help Avoid Inheritance Tax
A 40% rise in the UK of people gifting their homes is because their laws allow gifts to be made tax-free as long as the person passing on the assets lives for at least another 7 years, making it a popular hedge against inheritance tax. The new UK budget included a surprise two percentage point…