A report from Domain News in Australia. "Melbourne’s housing market has rebounded from its downturn in the months since the clear federal election result, boosted by cuts to official interest rates and a move by the bank regulator to let…
A report from Axios. "The real estate market should be experiencing a boom — but it's not. In fact, the U.S. housing market has been stagnant for the last 3 years and is beginning to turn lower, data shows. Anyone…
A report from the Palm Beach Post in Florida. "The consensus seems to be there’s no firm consensus about what the future holds this season for Palm Beach homebuyers and sellers, according to conversations with several brokers and agents who…
A report from Real Estate Weekly on New York. "The challenging market in Brooklyn has continued along a trend of gradual declines in prices and sales. Prices have fallen since this time last year across all unit types excluding co-ops,…
It's Friday desk clearing time for this blogger. "In the last couple of weeks the market has slowed down, according to real estate agent Jared Dunn. He says it's not necessarily dismal, but they haven't seen homes flying off the…
A report from Bloomberg. "Residential starts fell 9.4% to a 1.26 million annualized rate on weakness in the multifamily category after an upwardly revised 1.39 million pace in the prior month, according to government figures released Thursday that missed estimates in…
A report from the Miami Herald in Florida. "Multimillion-dollar home prices continue to make headlines. But in truth, Miami-Dade’s luxury home market is continuing to soften, said Ron Shuffield, CEO of Berkshire Hathaway HomeServices EWM Realty. The problem: So many…
A report from the Wall Street Journal. "In 2019, about 19% of U.S. households with six-figure incomes rented their homes, up from about 12% in 2006, according to a Wall Street Journal analysis of Census Bureau data that adjusted the…
A report from News.com.au in Australia. "Deloitte Access Economics’ latest Business Outlook noted average dwelling prices in Sydney had risen by about $3000 per week in September. Melbourne experienced a bounce of about $2500 a week. Deloitte noted that 'Australia…
A report from Bisnow on Massachusetts. "Recession alarm bells are ringing in one Boston real estate sector, but the backbone of the city’s economy is still pushing forward with more development. The higher education-backed development boom may be coming late…