A report from CNBC. "The nation’s priciest properties are in far less demand this year, and that is taking a toll on their values. Sales of homes listed at $2 million and above fell 16% in the first quarter, the sharpest annual decline since 2010, according to Redfin. This as the supply of those homes rose 14%, marking four straight quarters of annual increases in inventory."

"The shift in the luxury market has been more pronounced in certain metropolitan markets. The average luxury sale price fell hardest in Boston (-22.4%), Newport Beach, California (-21.8%), and Miami (-19.3%). Miami’s drop may have been less about tax changes and more about overbuilding on the luxury end in recent years that has led to an oversupply of high-end homes for sale."

"Greenwich sales in the first quarter of this year were down 25% compared with a year ago. The median price fell 17% to just over $2 million, according to Miller Samuel. The average number of days homes sat on the market before selling rose to 214 and there is now a two-year supply of Greenwich homes for sale."

From Curbed New York. "The lights are rarely on in the sky-high condos of Billionaires’ Row, and that’s not only because their owners are seldom in town—it’s because many are lacking buyers entirely. A new estimate by real estate appraiser Jonathan Miller pegs upwards of 40 percent of Billionaires’ Row condos as unsold."

"These buildings are not new to market: They include Extell’s One57, which officially unveiled its listings over seven years ago, where Miller estimates nearly 50 apartments have yet to find a buyer. (Extell disputed this finding, telling the New York Post that One57 is 'over 85 percent sold in units and over 90 percent sold in value.')"

"Prices in the buildings remain so high for a few reasons: Firstly, the cost of land acquisition, construction, marketing, and building maintenance all get factored into the condo costs. Secondly, such adept developers write clauses into their contracts that keep lenders from forcing them to drop prices in the events that appear to be playing out. (Read: glut.)"

The Augusta Free Press on Virginia. "According to the March 2019 Home Sales Report released by the Virginia REALTORS®, the pace of sales continues to slow down in Virginia compared to last year. The statewide March median sales price has now climbed more than $25,000 in the past 3 years; however, there may be signs that price growth is slowing in some local markets."

"Virginia REALTORS® Chief Economist Dr. Lisa Sturtevant says, 'Market slowdown is often the result of too little inventory. We will continue to monitor the slowdown in price growth as well as sales. If prices continue growing slowly, we will look to see if this reflects a softening of demand in some local markets.'"

From KTNV in Nevada. "Like a lot of millennial homebuyers, Agaton Ybarra-Rojas uses apps and websites to make his search easier. Kline and his wife did something a lot of baby boomers are doing. 'We've downsized from a much larger home.'"

"According to the Wall Street Journal, homeowners of Kline's generation are leaving a glut of those older homes that are just sitting on the housing market, especially in the sunbelt states like Nevada. Charmaine Prospero, a real estate broker at The Prospero Group, has noticed the trend here in Las Vegas. 'We have about 1100 homes that are four to five bedrooms right now. That are 3500 square feet and larger. So, it’s a lot of homes.'"

From Palm Springs Life in California. "Palm Springs Life asked six local experts to explain where the market stands. Walter Neil, CEO of Franklin Loan Center, didn’t expect inventory to drop so low. 'I think you have a lot of inventory on the sidelines because people think the market is going to go up,' he says."

"Keller Williams agent Brandy Sandahl was caught off guard by the high degree of price sensitivity in the past year. 'We had a property listed at $589,000 on the market for three weeks with no offers,' he remarks. 'We lowered the price [by] $20,000 and got multiple offers.'"

"'The biggest surprise to me was the way business dropped off in December and January, because everything was going strong until November,' says president of HK Lane Ron Gerlich."

From Capital FM on California. "Harry Styles has achieved a whole lot in his short 25-years of life, but it seems selling property might not be one of those things he's good at. Yup, poor Haz has had to slash the price of his LA mansion, again, after failing to sell if for $8.495million (£6.57million) to $6.695million (£5.81million) after purchasing it in January 2016 for $6.87million (£5.3million)."

"The singer hasn't been spotted much around LA lately, which has us wondering if he's selling up from the mansion's lack of use, or if he's gotten into the celeb trend of flipping homes for a 'profit', or not, in this case."