Two reports from ABC News in Australia. "Homeowners are holding off selling their properties, with fewer new listings than at any time in the past 12 years. The slowdown is most noticeable in Sydney and Melbourne, where there are 30…
It's Friday desk clearing time for this blogger. "'California has some of the highest taxes — the highest [priced] housing in the country,' said Jonathan Miller, CEO of Miller Samuel. 'So what you're seeing first is... a slowdown in sales…
A report from Domain News in Australia. "Savvy Sydney buyers can snap up houses in a handful of suburbs for prices last seen in 2015 as the property market continues its slide. Epping’s median house price has fallen to $1.45…
A report from 7 News Melbourne in Australia. "Gumtree is typically used as an avenue to sell unwanted household goods for extra cash. But the downturn in the property market is hitting some Melbourne families so hard that hundreds are…
A report from the Toronto Star in Canada. "Over the last few months, the staggering scale of money laundering in the Toronto and Vancouver real estate markets has come into focus. Even though real-estate agents are technically required to report…
A report from the Globe and Mail in Canada. "Dirty money is not a problem contained to casinos and the luxury car trade. It involves billions of dollars tumbling through the real estate market - an estimated $5-billion just in…
It's Friday desk clearing time for this blogger. "High-end home prices got kicked out of the penthouse in early 2019, falling for the first time in nearly three years, according to Redfin. In Boston, the average luxury home sold for…
A report from Bloomberg on Canada. "The housing numbers out of Vancouver, once among the world’s hottest real estate markets, are getting more dismal with each passing month. With Canada’s rising household debt levels 'perilously high,' more needs to be…
A report from the Daily Mail on the UK. "As Rod Stewart might have sung, the price cut is the deepest. But it seems to have had the desired effect. The singer has sold his Essex mansion. But Sir Rod…
A report from Geek Wire on Washington. "Loftium, the Seattle real estate startup that helped people buy homes in exchange for renting out an extra room on Airbnb, has shifted its focus to rentals. 'Given how quickly home prices have…