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…
It's Friday desk clearing time for this blogger. "Over the last five months, we’ve seen more inventory than we have in years previously. Mona Spencer, branch manager for John L. Scott’s Redmond office, said buyers may be able to do…
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…
A report from Cuffelinks on Australia. "The extent of the price correction was described by Greg Paramor, former Managing Director of the listed property group, Folkestone (recently acquired by Charter Hall). He is a past President of the Property Council…
A report from the Sunday Telegraph in Australia. "Chris and Brad Kerr say they’re 'heartbroken' after the Californian bungalow in their family for 93 years passed in for what seemed a ridiculously low price. Just two bidders competed for the…
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 ABC News in Australia. "Australian housing prices have continued to slide, with the market facing its sharpest annual decline in six-and-a-half years. This signals 'the weakest macro-housing conditions since February 2012 ... a 0.5 per cent fall…
Two reports from Domain News on Australia. "Sydney is in the middle of the steepest downturn in house prices in decades and top experts say there’s a way to go yet. In the year to September, more than $75,000 slid…
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 ABC News in Australia. "The boom time is over and we're now officially experiencing the 'house price fall we had to have' according to Deloitte Access Economics. 'Our house prices here in Australia had streaked past anything…