A report from the Boston Globe in Massachusetts. "Secret buyers of luxury real estate in Greater Boston will soon get extra scrutiny. The US Treasury Department has added Suffolk and Middlesex Counties to a program that requires people who buy…
A report from the Vancouver Star in Canada. "With its slightly kitschy but homey pine-panelled interior, stunning view of the ocean and backyard swimming pool, it’s easy to imagine a family living in the four-bedroom home on Russet Way in…
A report from the New Daily in Australia. "More than a year on from the end of the property price boom and home values continue to tumble, auction clearance rates are down, and demand for mortgages has hit a four-year…
A report from the Vancouver Sun in Canada. "Expect to see developers offering incentives — like a Langley company's promise to pay your first year's mortgage — as the Lower Mainland's housing market softens. Realtor and analyst Steve Saretsky said…
A report from Canadian Live News. "Vancouver condo prices continue to be the highest in Canada despite decreases over the last year, according to a nationwide study by realtor Century 21. That’s not surprising, but the price-per-square-foot calculations Century 21…
Two reports from Global News on Canada. "When Scott Hartley put his Calgary home up for sale back in June, he thought it may take a few weeks to sell. He was wrong. Months later, it’s still on the market,…
It's Friday desk clearing time for this blogger. "A Realtor economist said Friday, Nov. 2, not to believe those 'scary headlines' about 'plunging' home sales and stock prices. Pushing back against claims of a housing market bubble, Lawrence Yun, chief…
A report from Domain News on Australia. "A regulation-led slowdown saw the city’s median house price drop $76,616 in the year to September, the latest Domain House Price Report shows. Almost half of the drop was in the past quarter.…
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,…
A report from the Vancouver Courier in Canada. "The dramatic slowdown in the detached home resale market combined with the introduction of the speculation and vacancy tax and other demand-side measures have prompted a host of owners of pricey houses…