A report from the Globe and Mail in Canada. "Foreign buying has dropped dramatically in the Vancouver region’s real estate market three years after British Columbia introduced a tax that targets international purchases, a policy move that has helped drive…
A report from RNZ. "As many as 1000 Kiwi forestry workers could be left without jobs after a sudden drop in the price of logs. New Zealand logs are reportedly piling up on wharves in China, which is seeing a…
A report from the Seattle Times in Washington. "In June, the median home price in Seattle fell to $781,000, a 3.9% drop from June of 2018, according to the Northwest Multiple Listing Service. In King County overall, median prices dropped…
A report from the Wall Street Journal on China. "When she was a teenager in the 1970s, Zhou Xiaoguang peddled trinkets city to city and slept on trains, a formative chapter in her creation of the world’s largest costume jeweler,…
A report from Forbes. "In a recent survey, 39% of renters said they believed they would need to put down more than 20% to secure a mortgage. In reality, the median down payment on a mortgage in 2017 was just…
A weekend topic starting with the Financial Times. "Viewed from Bangalore, the purchase of a newly built three-bedroom apartment in London for more than £1.4m (S$2.4m) seemed like a safe investment bet. As Shonu Bhandari considered the purchase two years…
A report from the Journal Gazette in Indiana. "Students choosing to live on campus at Purdue University Fort Wayne this all could pay less than expected due to higher than anticipated demand. Filling beds had been a challenge since the…
It's Friday desk clearing time for this blogger. "I was not surprised to hear housing prices have fallen for the first time in something like a decade. I could have hazarded a guess that was the case based on nothing…
A report from the Orange County Register in California. "Lake Forest will get 144 new townhomes with prices starting under $600,000. Silveroak is Landsea Homes’s latest addition to its 543-home IronRidge community in Portola Hills. Landsea says pricing will start…
What's your mid-year housing bubble predictions? From six months ago: "In Q1, house prices start lapping the 2018 conventional loan limit increases. As a result, we will start seeing YOY price declines in larger markets. The increase in loan limits…