A report from the Wall Street Journal on New York. "Manhattan landlords are pulling unrented apartments off the market at an unusually elevated rate, tightening inventory while rents are low and, in some neighborhoods, still falling. Building owners removed 1,814…
A report from the Real Deal. "Quarters’ U.S. expansion appears to have ended in bankruptcy. Eight properties and two additional limited liability companies tied to the German co-living firm filed for Chapter 7 bankruptcy on Friday, according to court records.…
A report from the South China Morning Post. "Some heavily indebted mainland Chinese owners have been forced to sell their luxury apartments in Hong Kong at huge losses or discounts, as the economic slump at home takes a toll. At…
A report from TRNTO in Canada. "According to Toronto Regional Real Estate Board, the number of condo rental units on the market in the second quarter was up 42 per cent compared to the same period last year. Prices in…
It's Friday desk clearing time for this blogger. "Guy Therien saw a house on a five-acre property outside of Sherwood last year that he says was beyond his wildest dreams. The Parrett Mountain estate was for sale, but he couldn’t…
A report from Think Pol on Canada. "'No.' That’s the Government of Canada’s one-word response to Airbnb’s request to bail out hosts who are struggling to survive amid cancellations brought on by the COVID-19 pandemic. Airbnb’s request was met with…