A report from CBC News in Canada. "According to the latest statistics from Canada Mortgage and Housing Corporation, the average monthly rent for a two-bedroom apartment in Regina was $1,130 in October 2018, compared to $1,116 in October 2017. This is mainly due to an abundance of newly constructed rental units that tend to charge more than older units. Newly constructed units have outpaced demand for rent, nudging Regina's vacancy rate from 7 per cent to 7.7 per cent."

"Shawn Schlechter, owner of Shawn's Property Management, says he has never seen a vacancy rate this high in his 20 years in the business. He says he and other landlords are in the red for their properties right now. Some of his homes have been sitting vacant for six months. He says his main goal is to get tenants in the door. When a property owner tells him they need a $1,000 to cover their bottom line, he urges them to come down to $900 in order to stay competitive. 'It's just one of those things that you have to do. It's better to lose $100 than it is to lose the whole $1,000,' said Schlechter."

From Mansion Global on the UK. "Investing in period property can be two thirds cheaper than buying a new-build in the most expensive parts of central London. You can lose out if you buy into a big scheme that will take a long time to complete, says Mark Parkinson of Middleton Advisors, a buying agency. Work has stopped at the Earls Court development in west London, where the site has lost more than half its value in four years after political disputes and a slump in property prices."

From The Africa Report. "A classic construction boom has unfolded in the Sandton area of Johannesburg even as a worsening economic climate clouds the outlook for the city as a financial centre. The risk of hubris is clear as Sandton prepares to unveil The Leonardo, a 234-metre skyscraper, billed as Africa’s tallest building and scheduled to open later this year."

"While there’s no prospect of the Leonardo becoming a white elephant, Craig Smith, head of research at Anchor Stockbrokers in Johannesburg says he’s 'not convinced' that the building will prove to be a good financial investment. 'The residential market is under pressure and there is to our mind limited capital growth in the short to medium term given the weak economy and economic outlook,' says Smith."

"The outlook for South African real estate is cloudy at best. Growthpoint, South Africa’s largest listed property company, said that tenants are spoilt for choice and negotiations are tough. The group identified an oversupply of space across all property sectors in South Africa."

"Bottom Line: The opening of Africa’s tallest building may come to be seen as calling the top of an unsustainable local property boom."

The Times of India. "The number of property developers who have been dragged to the bankruptcy court has more than doubled in less than a year as a prolonged slump in sales and the ongoing liquidity crisis make things tough for many in the country. 'Most developers who have been taken to court were running unsustainably. It was already a bad situation in the last 10 years where they were borrowing to pay the interest. The working capital requirement was funded by the lenders. With the NBFC crisis, the music has stopped,' Pankaj Kapoor, founder of real estate research firm Liases Foras, said. Builders have been unable to complete projects in the absence of funds."

The Malaysia Reserve. "House prices have plummeted as much as 40% from their peak in Iskandar Puteri and the lavishly marketed posh development is turning into an attractive hunting ground for bargain seekers, but a financial bane for speculators. The continuous glut and a very low demand from locals are turning many completed developments, especially high-rise condominium and apartment blocks, into an almost ghost town."

"Overdevelopment, high prices and excessive focus on foreign buyers have caused many residential units in Iskandar Puteri, Johor, unoccupied. Speculators of the properties are beginning to see them as a possible financial ruin. VPC Realtors Bruce Lee said the rental market in Iskandar Puteri is not very encouraging as well. 'Rental demand in the area is very soft due to a lack of population. Out of 100% of rentable area, demand is only 20%. That is why some owners are giving free rental for six months to one year to get tenants, hoping for the next one year, the population will increase and the rental will go back to the normal level,' he said."

The Online Citizen on Singapore. "In September this year, 276 out of 300 newly released apartment units at the centrally located Avenue South Residence were grabbed on the opening day of sales itself. Despite witnessing a positive demand for new housing projects in Singapore, the number of homeowners who default on their mortgages in the country is increasing over the years."

"As more and more homeowners default on mortgages, it could result to a 'slow death' as it shows that they cannot handle their finances, said Colin Tan, director of research at Suntect Real Estate Consultants. 'If you can pay the interest, you’re not in default. But these people can’t even service the interest. It’s a reflection that the economy is not so good that you’re seeing more and more defaults,' he noted."

The South China Morning Post. "Chinese developers have been losing their appetite for land in the Greater Bay Area as they find themselves short of funds amid weakening property sales and a government crackdown on debt, new figures show. 'Developers are very cautious in land-purchasing, even in hotspot cities as many of them are under liquidity pressure and have found it harder and harder to access sources of credit as Beijing has sought to clamp down on high debt levels,' said Yan Yuejin, director of the Shanghai-based E-house China Research and Development Institution."

From Domain News in Australia. "A half-finished renovation did not deter buyers on a sunny Saturday in South Melbourne, with a young investor shelling out $1.003 million for a home the selling agent described as in 'wrack and ruin.' Buxton Port Phillip director Rohan White did not know what caused the former owner to abandon the project."

"'Something’s gone wrong, and they’ve run out of money along the way,' he guessed. 'I’ve never had something in this state of disrepair. You get unrenovated, but this is unusable.'"