A report from the Daily Telegraph on Australia. "Property values in Sydney’s inner west, Parramatta and other isolated city pockets have been diminishing by roughly the price of a smashed avo breakfast every hour. Newly published figures showed median house prices in parts of these areas dropped by more than $200,000 over the past year, a fall of $500-plus a day."

"This equated to a drop of at least $20 every hour, roughly the price of an Aussie cafe favourite, smashed avocado on toast and coffee, a meal once at the centre of the housing affordability debate. Demographer Bernard Salt launched a national debate about housing in 2016 when he warned that Millennials would never save home deposits if they kept ordering expensive avo breakfasts."

"Smashed avo went on to symbolise how out-of-reach the Aussie dream of home ownership had become. 'Back then it was clear that prices were moving away from the younger generation and smashed avo caught the Zeitgeist of the time,' Mr Salt said. 'Now the situation seems to be in reverse and (buying) is getting easier.'"

"Waterfront suburb Russell Lea had the biggest drop in prices over the past year, with houses in the area losing $1300 in value every day, an analysis of CoreLogic data showed. Prices in Glebe fell at a similar rate of $1246 per day, while price falls in Croydon and Concord West were about $1100 per day. Values in the Parramatta CBD dropped by an average rate of about $993 per day, totalling about $362,000 for the year."

The Vancouver Sun in Canada. "It’s back. After several years of continually rising prices for single-family detached homes in Vancouver, the sub-million dollar house has re-appeared — and it even has a white picket fence and grassy back yard."

"The listing, at 1578 East 22nd Avenue, is priced at $998,000 — which is a hefty discount on the $1,264,800 value placed on the property on July 1, 2018 by the B.C. Assessment Authority. It was assessed at $1,319,600 on July 1, 2017. How many more sub-million dollar single family detached homes appear on the market over the next year is truly anyone’s guess."

"There is, however, writing on the wall, with the Real Estate Board of Greater Vancouver last month revealing the sales of detached homes for Dec. 2018 was 43.6 per cent fewer than the same month in 2017. And the benchmark price for that class of home dropped 7.8 per cent in 2018. Not to mention the B.C. Assessment Authority’s latest report showing widespread drops in assessed values for detached homes across Metro Vancouver, particularly in Vancouver and West Vancouver."

"Vancouver realtor and blogger Steve Saretsky joined the naysayer fray in his Dec. 2018 real estate report that states Vancouver’s 'detached housing market continues to turn heads' — and not in a good way."

"He states 'buyers are hesitant to pull the trigger, and sellers are somewhat reluctant to adjust their asking prices, although the very few homes that are selling are taking a substantial discount. The prevailing sentiment in the detached housing market is frustration amongst sellers. After several price reductions many sellers are taking their property off the market with the plan to relist in the spring when housing activity seasonally ramps up.'"

The Daily Mail on the UK. "With house prices dropping and desperate sellers tearing their hair out, Britain is facing its worst housing slump for 20 years. And it’s not just affecting your average Joe. In times like these, make sure you also spare a thought for our poor celebrities."

"It seems their palatial pads — decked out with extravagant rooms, landscaped grounds, pools, gyms and Jacuzzis — aren’t immune. So, which stars are suffering in the current market slump? Who has sold for a song or dropped their asking price, and who’s still holding out for top whack?"

"Set in one of West London’s top locations — overlooking Regent’s Canal in Little Venice — Noel Gallagher must have been confident of a quick sale when he first put his house on the market for £11.5 million in 2016. But the stucco-fronted five-bedroom semi failed to sell and the rock star soon begged for Russian oligarchs to buy it. But not even slashing the price to £8.95 million last year has helped shift the property, which he bought in 2010 for around £8 million."

"Zayn Malik sought sanctuary in this five-bedroom house when he broke fans’ hearts and left One Direction in 2015, but the pop star can’t hide from London’s falling house prices. He bought the home in Barnet, North London, at the height of his fame in 2012 for £3.65 million, but last year put it on the market for £150,000 less than he paid."