A report from the Wall Street Journal on New York. "High-rise developers in Manhattan are coming under stress as tough market conditions are starting to undermine some of the city’s most prominent luxury condo projects. At a mixed-use project that…
A report from the Daily Mail Australia. "A luxury three-bedroom apartment in the second tallest residential tower ever constructed in the southern hemisphere is now on the market for $10 million amid a climate of rising defaults. The two-level unit…
A report from the Toronto Star in Canada. "The number of newer rental apartments in the GTA that are empty and ready for new tenants is at its highest level since a leading real-estate consulting firm started keeping track in…
A report from Nine News in Australia. "A new report by the Housing Industry Association revealed home affordability is at its best since 1999. However, Nine Finance Editor, Ross Greenwood, urges caution. 'Bear in mind it’s the housing industry telling…
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,…
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 Daily Telegraph on Australia. "Apartment owners in havens for high-rise units are realising their properties are worth less than they paid for them as rampant oversupply and falling demand send real estate values plummeting. Recent sales…
A report from Global News in Canada. "Back in 2016, Vancouver’s white-hot real estate market looked as if it would never cool down. Three years later, industry experts say times have changed. 'Prices now are back to where they were…
It's Friday desk clearing time for this blogger. "An Upper East Side townhouse that was once home to the late fashion designer Oleg Cassini is now facing foreclosure. The case comes as authorities orchestrate a fire sale of Cassini’s assets.…
A report from CBC News in Canada. "When the market was hot, people lined up overnight to get their hands on pre-sale condominiums. Now that the housing market in B.C.'s Lower Mainland has cooled, some buyers are trying to back…