A report from Bloomberg on Hong Kong. "Banks in Hong Kong are aggressively cutting property valuations as the city’s housing market weakens, threatening to fuel a downward spiral in prices, according to brokerage CLSA Ltd. 'The banks’ assessment is often…
A report from CNBC. "Millennials are in their prime homebuying years, and they're used to cheap credit. So they might be in for a rude awakening as mortgage rates jump.The average rate on the 30-year fixed loan sat just below…
A report KTVZ in Oregon. "Home sales are seasonal, so it's not too surprising that Bend's record-high June median home sales price of $449,000 dropped in September for the third straight month, to $425,000. But a Redmond appraisal firm noted…
A report from the Philadelphia Inquirer in Pennsylvania. "Prices paid for vacant land in Philadelphia have plummeted to their lowest levels in three years after peaking in 2017, an indication that the city's development boom led by townhouse, condo and…
A report from the South China Morning Post. "Shares of Country Garden, mainland China’s largest developer by sales, slumped to a 14 month low on Monday, after video circulated on social media showing protesters mobbing at least one sales centre…
A report from the Dallas Morning News in Texas. "North Texas home sales dropped in September by the largest percentage in more than seven years. Preowned home sales in the area fell by 7 percent from September 2017. That was…
A report from the Wall Street Journal on New York. "It is deal time for buyers looking to purchase an apartment in one of New York’s new condominium buildings, brokers said. As sales of new apartments have stalled this year,…
A report from the Bellingham Herald in Washington. "Whatcom County home sale prices kept rising at a double-digit pace this summer, but there are signs that it won’t be a strong seller’s market much longer. Inventory is creeping up and…
A weekend topic starting with Ahval News on Turkey. "An event entitled The End of Democracy? The 'New Turkey' and a Region in Flux,' took place in on Sept. 24, as a part of the Labour Party’s 2018 conference in…
A report from the Denver Post in Colorado. "Sellers have remained in firm control of metro Denver’s housing market for four years, with inventory shortages, quick sales and escalating home prices par for the course. The imbalance has lasted for…