A report from the Star Phoenix in Canada. "When he listed his upscale Willowgrove condominium for sale last month, Chuck Edwards knew it might take awhile to sell — and that he would almost certainly lose money when it did.…
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…
An editorial by Aaron Layman in the Denton Record Chronicle in Texas. "Home sales in Denton took a big dive in December. Some Denton-area home sellers have had to do something unusual during the past several months to get offers…
A report from Bloomberg on Canada. "Canada’s home sales skidded to the lowest level since 2012 last year after dropping for four straight months through December. Nationwide, sales totaled 458,442 for the year, a drop of 11 percent which was…
A report from Bloomberg on Australia. "With Sydney's property market now falling 11.1 per cent in its sharpest downturn since the 1980s - a trend mirrored nationwide - the shift toward high-rise apartments risks a further leg down in a…
It's Friday desk clearing time for this blogger. "As the housing market has downshifted, more builders are offering sweeteners to close the deal. 'We are really working a little bit harder ... to get people in the door and to…
A report from CKRM in Canada. "Across Canada, the downtown in the oil and gas sector has hit many hard. The impact has certainly been felt in Saskatchewan, perhaps no more so than the city of Estevan. 'The housing prices…
A report from the Sydney Morning Herald in Australia. "Opal. It may be apt - after the huge New Year’s Eve rail-fail left people muttering 'Sydney is over' - that our transport card should name-share with the building that may…
It's Friday desk clearing time for this blogger. "'Sellers celebrated in the first half of the year with a crazy blur of multiple offers and fast sales,' said Jill Schafer, head of the Denver Metro Association of Realtors market trends…
A report from the Sydney Morning Herald in Australia. "The median value of a house in Sydney dropped last year by 10 per cent or a touch over $100,000 over the past year. In Melbourne, house values are down by…