A report from CNBC. "Builders warned of a slowdown in home sales. And they were right – except the numbers are even worse than expected. 'This number really sucked,' wrote Peter Boockvar, chief investment officer at Bleakley Advisory Group, noting…
Some housing bubble news from Wall Street and Washington, MarketWatch. "Sales of newly-constructed homes swooned to the lowest since December 2016. September’s selling pace of 553,000 was 5.5% lower than in August, and 13.2% lower than a year ago. Sales…
A report from the Press Democrat in California. "Sonoma County home sales plunged last month to the lowest level for September in 11 years, the clearest sign yet of a housing market slowdown. Many sellers feel whiplashed by what seems…
A report from ABC News in Australia. "The boom time is over and we're now officially experiencing the 'house price fall we had to have' according to Deloitte Access Economics. 'Our house prices here in Australia had streaked past anything…
A report from the Orange County Register in California. "Southern California’s housing market may be suffering from a case of 'be careful what you wish for.' It wasn’t too long ago real estate pros said a lack of inventory was…
A report from Mansion Global on New York. "Another week of lackluster dealmaking in Manhattan’s luxury market halted what was becoming a stronger October. Charts from UrbanDigs show real estate deals sunk in September to the lowest level in at…
A press release from the California used house salespeople. "The California housing market posted its largest year-over-year sales decline since March 2014 and remained below the 400,000-level sales benchmark for the second consecutive month in September, indicating that the market…
A report from the Herald Tribune in Florida. "In the third quarter, foreclosure filings rose nearly 10 percent compared with the year before in Sarasota and Manatee counties, with one in every 615 homes in some stage of distress, according…
A report from the Daily Mail on New York. "Justin Timberlake and Jessica Biel have reportedly slashed the price of their New York penthouse once again. After initially it putting up for sale for $7.995 million, the A-list couple are…
A report from Domain News in Australia. "Sydney’s weekend auction clearance rate slumped to a low of 44.5 per cent on Saturday. The result was Sydney’s lowest preliminary clearance rate in a decade, excluding public holiday long weekends. Danny Grant,…