A report from the Daily Telegraph in Australia. "Sydney’s supply of properties for sale has hit a decade high this summer as weakening buyer demand creates a growing backlog of unsold housing. Buyer’s agent Peter Kelaher said a long listing…
A report from the Globe and Mail in Canada. "February sales for various housing types in the Vancouver area have tumbled to a 10-year low, with the market for detached houses getting hit the hardest. The price for detached properties…
A report from the Wall Street Journal on China. "On a recent winter workday, investors and representatives from private fund companies in Shanghai and elsewhere descended on Sandu, a county in the deep south where tens of thousands of locals…
A report from ABC News in Australia. "Many people who bought properties in Sydney or Melbourne a year ago on 10 per cent deposits are facing the fact that their life savings have, for the moment at least, disappeared in…
A report from the Globe and Mail in Canada. "The psychological shift among Vancouver homebuyers threatens to prolong the city’s deep slump, Bank of Montreal warns. 'The market remains in all-out correction mode, and the psychology there is clearly shifting,…
A report from Bisnow on Washington. "Nationally, economists are almost unanimously expecting and preparing for the next recession. But here in Seattle, we may do a bit better than the rest of the world thanks to the focus on technology…
A weekend topic starting with Asia News. "Here we publish the ground breaking speech that Prof. Xiang Songzuo held on December 16th at the Renmin University School of Economics, during a seminar for entrepreneurs. This speech is now impossible to…
It's Friday desk clearing time for this blogger. "Last quarter, the number of homes for sale grew at double-digit rates in all five boroughs for the first time ever. In Manhattan, sales inventory rose 15.4 percent year over year, the…
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…