A report from the Daily Telegraph in Australia. "It has been a catastrophic summer for the Sydney housing market. New housing data revealed prices fell by a whopping 1.8 per cent over December, an acceleration of the 1.4 per cent…
It's Friday desk clearing time for this blogger. "New data from Realtor.com offers the clearest sign yet that home price relief might finally be on the way for prospective homebuyers on the West Coast. Median listings prices in markets across…
A report from the South China Morning Post. "Two of China’s top three leading property developers saw their November sales plunge even after cutting prices by nearly a third at some of their projects, as fears of a housing recession…
A report from News.com.au in Australia. "A Melbourne property developer is offering what might be the best Black Friday deal going around — up to $100,000 off the price of new apartments. As the housing market cools, developers and agents…
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 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…