A report from MarketWatch. "Shares of Toll Brothers Inc. dropped Tuesday, after the home builder reported fiscal fourth-quarter earnings and revenue that beat expectations but said the housing market slowed further in November, particularly in California. Chief Executive Douglas Yearley…
A report from the Sydney Morning Herald in Australia. "It's probably fair to say that Sydney house prices have now officially fallen over the cliff and Melbourne looks to be not too far behind. It has taken almost 18 months…
A report from the New Orleans Advocate in Louisiana. "After years of rising prices, David Devillier saw his chance to get in on New Orleans’ real estate boom when he bought and restored a nearly 160-year-old Greek Revival double-gallery house…
A report from Realtor.com. "Is the party really over? Over the last decade, the seemingly unstoppable growth of the American housing market has created a bonanza for sellers, a cutthroat environment for buyers, and an endless source of fascination for…
A report from The New Daily in Australia. "The traditional December auction slump seems worse than ever this year, with preliminary results showing a combined capital city clearance rate of just 43.1 per cent – the 10th consecutive week where…
A report from the Mercury News in California. "Bay Area home sales ground down in October, with seasonal slowing and further indications that buyers are taking a wait-and-see approach before plunging into a record-setting market. CoreLogic analyst Andrew LePage said…
A weekend topic starting with The Guardian in the UK. "Few tears will have been shed at recent reports that flats in London’s Centre Point building, where a one-bed goes for a genuinely surreal £1.8m, aren’t shifting. There is a…
A report from the San Francisco Chronicle in California. "Despite a surge in inventory and price cuts, the median price paid for a Bay Area home in October was $845,000, up 3.7 percent from September and up 9.3 percent from…
It's Friday desk clearing time for this blogger. "Tim Manickam, a broker at JMA Properties, said sales in some parts of Portland and Seattle were down around 20 percent. 'I think 40-some percent of homes are having price reductions,' said…
Two reports from the Daily Telegraph on Australia. "Sydney’s cooling real estate market is delivering buyers hefty discounts that would have been hard to believe even six months ago. A string of properties across the northern beaches, eastern suburbs and…