A report from the Vancouver Sun. "'Forget Canada. We’ll go somewhere else.' That’s what West Vancouver realtor Nicole Lee says many rich clients from Asia are telling her now that B.C. has brought in a foreign-buyers tax on housing, along…
A report from Bloomberg. "As the outbreak spreads, real estate markets in the U.S. and other countries that rely on Chinese buyers face a looming crisis as deals languish and potential purchases are delayed indefinitely. From Vancouver to Singapore, realtors…
It's Friday desk clearing time for this blogger. "If selling apartments at one of Manhattan’s most troubled residential condominiums wasn’t hard enough, now its owners can’t even afford to rent a sales gallery to sell them. The sponsors of the…
It's Friday desk clearing time for this blogger. "San Diego County’s median home price was $575,000 in December, a slight decrease from the previous month but still near record highs. Rich Toscano, who predicted the housing crash in November 2005…
It's Friday desk clearing time for this blogger. "Jewell Handy has a steady income as a teacher, money for a down payment and even a history of successful homeownership. But when she decided to buy a house for herself and…
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…
A weekend topic starting with the West Side Rag. "A Q&A With Upper West Sider Paul Krugman: WSR: When and why did you come to live on the Upper West Side? PK: Growing up on Long Island, I always had…
A weekend topic starting with the Times of London. "Unaffordable property prices are down to Britain’s 'broken housing market,'to use Sajid Javid’s words as housing secretary in 2017. The chancellor was referring to the undersupply of new homes, and he…
A report from the Lethbridge Herald in Canada. "Lethbridge Land released its annual report earlier this week, and the picture it paints of the city’s current home-building slowdown couldn’t be more clear. 'Over the past two years the amount of…
A report from the Jamaica Observer. "Real Estate Broker, Anya Levy, is cautioning financial institutions about irresponsible lending. Levy pointed to one mortgage institution, which she did not name, which is offering mortgages of 110 per cent a reckless undertaking…