A report from the Miami Herald in Florida. "Multimillion-dollar home prices continue to make headlines. But in truth, Miami-Dade’s luxury home market is continuing to soften, said Ron Shuffield, CEO of Berkshire Hathaway HomeServices EWM Realty. The problem: So many…
A report from the Wall Street Journal. "In 2019, about 19% of U.S. households with six-figure incomes rented their homes, up from about 12% in 2006, according to a Wall Street Journal analysis of Census Bureau data that adjusted the…
A report from News.com.au in Australia. "Deloitte Access Economics’ latest Business Outlook noted average dwelling prices in Sydney had risen by about $3000 per week in September. Melbourne experienced a bounce of about $2500 a week. Deloitte noted that 'Australia…
A report from Bisnow on Massachusetts. "Recession alarm bells are ringing in one Boston real estate sector, but the backbone of the city’s economy is still pushing forward with more development. The higher education-backed development boom may be coming late…
A report from Reuters. "Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the…
A report from the Milwaukee Biz Times in Wisconsin. "Barrett Lo Visionary Development, the real estate development firm that has been working for years to build a 44-story luxury apartment building at a site near the lakefront in downtown Milwaukee,…
It's Friday desk clearing time for this blogger. "In September, prices in the housing sector fell 1.6% — the largest single-month drop for the sector since Zions Bank began measuring consumer prices along the Wasatch Front in 2010. Prices for…
A report from The Real Deal on Florida. "For the first owners of a two-bedroom luxury condo on the 36th floor of Rise, one of two new luxury towers at Brickell City Centre, buying at a preconstruction price turned out…
A report from the Wall Street Journal. "A Federal Reserve Bank president who has been warning about prices rising too high in the commercial real-estate market has a new source of concern: co-working. In an interview, Boston Fed President Eric…
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…