A report from the Wall Street Journal. "New York’s high-rise developers may soon lose a popular source of cheap funding. U.S. immigration authorities published on Wednesday a new rule that will make it tougher for real-estate developers to fund their…
A report from Realtor.com. "The postcrash price growth might actually be higher than most thought. Home prices shot up a cumulative 50% over the past decade, from June 2009 through May 2019, according to CoreLogic. Wages also rose over the…
A report from the Wall Street Journal. "Foreign purchases of U.S. homes have dropped by half over the last two years, a fresh blow to the top end of the market in New York City, Miami and cities in California.…
A report from CNBC. "The dollar volume of homes purchased by foreign buyers from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors. 'The magnitude of the decline is quite striking,…
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 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 the Bay Area Newsgroup in California. "Seventy-year-old Jeanine Fetterly’s dream since 1976 was to have her children build themselves a home on on a lot that she bought down the street from her house. But after the…
It's Friday desk clearing time for this blogger. "Wu Xiaohui was shopping in New York. For buildings. 'He didn’t really care — he’d point out the window and say, ’That one!’ recalls a real estate executive. These days Wu is…
A weekend topic starting with the Globe and Mail in Canada. "There was a time when Vancouverites never gave any thought to the meaning of a condo that had no one living in it. But too many dark windows got…
A report from the Wall Street Journal on New York. "Luxury condos at the Waldorf Astoria hotel are expected to go on sale in the fall, as the historic property’s Chinese owner advances its redevelopment plans despite a market glut…