A report from the Globe and Mail in Canada. "Vancouver has come in dead last in the latest global ranking of luxury real estate by consultants Knight Frank. Vancouver luxury prices slipped 13.6 per cent in the quarter from a year earlier. At the bottom, just above Vancouver, were Istanbul, where prices slipped 9.9 per cent, Auckland, down 7.5 per cent, Nairobi, down 6.7 per cent, and Dubai, down 6 per cent."

From This Is Money in the UK. "Some of the best discounts buyers can get in the London market are on new-build flats, where developers are trying to shift an oversupply of higher priced properties. Richard Donnell, research and insight director at Zoopla, added that the cooler London property market is starting to filter out and those in the commuter belt also need to be realistic on pricing to get properties sold."

"'Southern parts of the UK are clearly feeling the impact of London’s weaker growth rippling out, leading to annual house price falls in the South West and South East,' said Mr Donnell. 'This has been driven by an imbalance between supply and demand, as growth in supply is running ahead of transaction levels.'"

"Tomer Aboody, director of property lender MT Finance, put the 4.3 per cent price drop down to less interest from buy-to-let landlords and first-time buyers. He added, 'Until stamp duty is addressed, making it more attractive for these people to buy, we are likely to see a glut of these properties unsold, with values suffering further.'

From Korea JoongAng Daily. "Panic is setting in after the government said it would be capping prices on some real estate projects. 'If we knew that the government was going to regulate preconstruction sale prices, we would’ve canceled the project,' said Chung Geum-shik, head of a union of workers reconstructing an apartment complex in Dongdaemun in eastern Seoul. 'A major loss is inevitable since we can’t just stop.'"

The Bangkok Post in Thailand. "The Greater Bangkok housing market fell by 13% in the first half after the Bank of Thailand's new loan-to-value (LTV) limits took effect on April 1, according to SET-listed developer Pruksa Holding (PSH). The total market value in the first six months was down to 201 billion baht from 232 billion in the same period last year. All housing categories dropped, with condos seeing the largest decline."

"Deputy group chief executive Supattra Paopiamsap pointed to a raft of negative factors in the second quarter, including the global economic slump, the country's sluggish tourism, the stronger baht, drought, high household debt and the new lending curbs. 'The new government should use measures to stimulate the property market, which can help boost the economy,' she said. 'Without property incentives, small developers or those without strong financial backup will be gone.'"

From Domain News in Australia. "The July rental vacancy results spell bad news for landlords across Sydney, as rental days on market rise and added stock places downward pressure on rents. The number of rental properties sitting vacant jumped again in July, with the city-wide vacancy rate now the second highest of all the capital cities. In fact, the number of vacant rentals across the city has increased by more than 5000 over the year and is now sitting at an estimated 20,000."

"This added supply spells bad news for investors as it impacts both the time it takes to find a tenant as well as what they can charge. On the flip side, renters may find they have more properties to choose from, and more bargaining power around rents."

From Interest New Zealand. "Around the country nine out of 16 regions recorded higher sales than in July last year. However, while sales numbers were stronger, price signals were mixed. Within the Auckland region median prices were down significantly compared to June in the central suburbs where it fell from $990,000 to $860,000 (-13.1%), with substantial falls also occurring in Franklin -6.6%, and Waitakere -2%."

From the Wall Street Journal. "Commercial-property prices in major cities around the world tumbled in the second quarter, amid signs of slower global growth and heightened trade tension between China and the U.S. Average property prices fell in the second quarter from the first quarter in Hong Kong and Seoul to London and Washington, D.C., according to data from Real Capital Analytics."

"Paris commercial real-estate prices declined the most among the markets that Real Capital Analytics tracks in Europe, tumbling 2.6% for the quarter. Prices in Central Chicago fell 2.1%, making it the worst performer among U.S. cities. In Australia, where the economic growth has slowed sharply since mid-2018, property prices were down more than 2% in Melbourne and Central Sydney."

"The quarter marked the first time in years that property prices in so many of the world’s major cities were weaker than the previous quarter. Prices for hotels, office buildings, malls and other commercial property in these metro areas enjoyed a big run-up in recent years, but an increasingly murky economic outlook is weighing on sentiment."

"Some real-estate executives suggest that the low interest-rate backdrop had kept prices edging higher, and that investors are only now starting to focus on deteriorating economic fundamentals. 'I think ample liquidity is potentially covering a multitude of sins,' said Brian Ward, chief executive officer of Trimont Real Estate Advisors."