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 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…
It's Friday desk clearing time for this blogger. "Home sales in the Charlotte metro area plunged in September, compared to a year ago. Buyers could soon see relief as the Charlotte area housing market moves to a more equal footing…
A report from the Epoch Times. "China, for several years, has experienced higher real-estate sales in early October, earning the period the nickname 'Golden Week.' This year, however, the market has fared poorly, with developers doling out properties for steep…
A report from Bloomberg on Hong Kong. "Banks in Hong Kong are aggressively cutting property valuations as the city’s housing market weakens, threatening to fuel a downward spiral in prices, according to brokerage CLSA Ltd. 'The banks’ assessment is often…
A report from the South China Morning Post. "Shares of Country Garden, mainland China’s largest developer by sales, slumped to a 14 month low on Monday, after video circulated on social media showing protesters mobbing at least one sales centre…
A report from City News 1130 in Canada. "The bubble that’s been ballooning for years in Vancouver’s housing market is finally showing signs of bursting. With the Real Estate Board of Greater Vancouver reporting sales fell 43.5 per cent in…
A report from MarketWatch. "Shares of home builders TRI Pointe Group and William Lyon Homes were took a dive Thursday, after Wedbush Securities analyst Jay McCanless cut his ratings, citing the 'rapid' deceleration of demand in the companies’ key markets.…