Scottsdales real estate prices are climbing again, with a recent price index that shows the median price of a home at the north Scottsden property park up by more than $1,500.
The index for the year ended June 30 is up 3.9 per cent from a year earlier, according to property market research firm Nymo, which compiles data from a range of real estate sources.
The median home price in Scotksdale is now $7,800, up 4.5 per cent since January, according the Nymos survey.
The index also shows a slight upturn in the median prices of properties in neighbouring Sydney and Melbourne, with prices up 6.2 per cent and 6.7 per cent, respectively.
However, Sydney’s median price is up 7.7 percent compared with last year.
Melbourne’s median home value is up 1.3 per cent.
The survey showed prices in Sydney’s outer suburbs were up 0.5 percent over the same period, while Melbourne’s median was up 1 percent.
The latest Nymobo data is based on an index that covers the period January to June, with the median priced at $9,800 in January and $11,600 in June.
It is the second straight year that the median has risen in Sydney, with it up 5.6 per cent over the last year and a half.
Nymo said that while Sydney’s average price has remained relatively flat, Melbourne’s is up more than 4 per cent compared with the same time last year, and Sydney’s suburbs are up 5 per cent or more.
However, Nymomo said Melbourne’s suburbs were more affordable than Sydney’s, which is down 2.6 percent from last year’s average.
Topics:real-estate,property,market-and-utilities,wealth-and ofc,saudi-arabia,sydney-2000,sydney-airport,syrian-araby-2070First posted July 20, 2018 11:59:59More stories from Australia
Google’s artificial intelligence startup is launching an AI company called Novation that will help it tackle the most complex problems in real estate.
The launch of the startup, called Nix, comes as the tech company has seen its stock price drop in recent weeks.
In a statement, Google said that Nix will be building a platform to help developers develop smarter algorithms for finding real estate data and helping developers manage data.
“Our goal is to empower developers to solve complex real estate issues in the cloud, helping them to do more with less,” the statement read.
Google said that developers will use the Nix platform to develop smarter apps to automate tasks like data mining and analytics, and will be able to share their findings with other developers.
According to Google, Nix is expected to launch in the second half of 2020.
Nix is the latest in a line of companies that have been building artificial intelligence software to help real estate companies.
A handful of such companies have been acquired by Google.
Earlier this year, Google acquired artificial intelligence company Fluxx, and earlier this month, a group of other companies bought DeepMind, the AI company behind AlphaGo, the world’s strongest human-level computer.
India’s economy is showing signs of recovery, but the country still needs to build up its infrastructure and boost demand, the Reserve Bank of India (RBI) has said.
The economy expanded by 3.4 per cent in the first quarter of the year, a rate well below the 7 per cent growth target.
The GDP grew 7.9 per cent compared with 7.5 per cent the previous quarter.
Analysts expect growth to return to 7 per 1,000 people in 2019-20 from 7.4.
India’s economy grew by 7.8 per cent last year, which is a slight improvement from 7 per million people in the previous year.
India’s GDP grew 5.4% in the year to March, which was the highest in the world, according to the United Nations.
It was the first time since 2008 that the GDP had exceeded 7 per billion people.
The RBI has increased its key rate, which sets interest rates, to 1.5 percentage points to 0.5% from 1.3 per cent.
The RBI has also announced an emergency measure to allow it to provide more liquidity to banks.
The central bank is also planning to increase its interest-rate policy.
“The economy has not recovered from the recession but the economy is moving in the right direction,” Raghuram Rajan, the RBI governor, said during a speech to the Financial Services Council of India last week.
Mr Rajan said the central bank had provided more liquidity for banks.
More infrastructure spending will help the economy achieve its full potential, he said.
The economy is expected to grow by 5.9% this year, the slowest growth since 2011.
It is expected at 7.1% in 2019, a better performance than the 7.2% forecast in the third quarter of last year.
The most expensive apartment in the Las Vegas area is now available for $500,000, thanks to a $6,500 loan from a developer.
The apartment was once only available for sale in the city of Las Vegas.
The deal, signed this week, is one of the largest rental properties in the country.
It was bought by an unnamed developer, who now intends to use the $5.9 million in financing to build a three-bedroom apartment for $2,000 a month.
The developer, David Serna, was the owner of an apartment in Las Vegas for nearly 20 years and recently sold the property to a group of investors.
Sernabelli said the apartment is being renovated and will feature an air conditioning unit and a large kitchen.
The price tag on the property is expected to be $2.6 million, according to a listing on the real estate website Redfin.
A real estate agent with the Las Venenos group said they are looking to lease the property for $1,250 a month, which would include utilities and a $300 monthly mortgage.