Hawaii Proposes Higher Tax for Luxury Homes

Abu Dhabi Property Market Had a Record 2025

Abu Dhabi’s real estate market had its strongest year on record in 2025. More than 42,800 properties changed hands, valued at AED 142 billion (US$38.66 billion), according to the Abu Dhabi Real Estate Centre. The number of transactions was a 52% jump from 2024 while the total value was up by 44%. Gulf News

Malibu Suing Los Angeles and California Over Wildfire Damage

The city of Malibu is suing Los Angeles and the state of California, among other state and local entities. Malibu claims their actions led to the extensive damage it suffered in 2025’s wildfires, which destroyed hundreds of homes and dozens of businesses in the coastal enclave. Realtor.com

Hawaii Proposes Higher Tax for Luxury Homes

Luxury homes in Hawaii worth at least $4 million could soon face new, higher property taxes. The Hawaii County Council’s Bill 128 is proposing a third tax tier for such homes, adding to the two existing tiers—one for properties valued under $2 million and the other for those over that threshold. It passed through its first council reading on Wednesday. Hawaii Public Radio

Demand Growing for Multi-Generational Homes in Calgary

The appetite for multi-generational homes is growing in the Canadian city of Calgary as single-family homes become increasingly costly. “With the way our market has gone, and home pricing across Canada for that matter, it’s just not affordable for the younger generation,” said Michael Cain, broker and owner of Re/Max House of Real Estate in Calgary. Calgary Herald