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Mansion Global Daily: A Good Fall for Lake Tahoe, Canadian Construction Boom, and More

Mansion Global’s daily round-up of the latest luxury real estate news from around the world

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Lake Tahoe’s Real Estate Market Has Strong October

The California side saw a 49% annual increase in sales. Read More

BY THE NUMBERS

TRENDING TODAY

LISTING OF THE DAY

Sea, Sand and Seclusion on 55 Acres in Tasmania

The Australian estate offers tranquil living with lots of space to entertain. Read More

TAX TALK

What Are the Tax Benefits If I Donate Property Through Donor-Advised Funds?

These accounts allow you to deduct the full market value of your real estate. Read More

NEWS BITES

Rosie O’Donnell’s Five-Home Compound Hits the Market A five-home South Nyack, New York, compound belonging to Rosie O’Donnell hit the market for $10.79 million. The homes, which include a seven-bedroom Dutch Colonial with pool and tennis court, are also being marketed for individual sale. The property was previously listed in 2014. New York Post

Majority of Hong Kong Parents Willing to Help Fund Children’s Home Purchases A new study from AIA MPF showed 70% of Hong Kong parents are willing to help their children purchase a home amid an increasingly unaffordable housing market. The average contribution parents are making, the study says, is HK$900,000(US$115,401). South China Morning Post

Canadian New Home Construction Booms in October New home starts in the Vancouver area hit a year-long high in October, with 222,771compared to 219,293a month earlier, according to the Canada Mortgage and Housing Corp.In Vancouver, the number doubled from 18,116 to 34,850. BNN

New Home Handovers Way Up in Dubai New home handovers have spiked in Dubai, according to real estate information company REIDIN. In the first half of the year 12,525 homes were delivered, compared to 5,039in the same period a year ago. It was suggested that new government regulations have been successful in getting developers to complete projects on time. Gulf News

AROUND NEWS CORP

First, Hire an Artist. Then, Build the House [The Wall Street Journal]

Mortgage Rates Slide to 4-Week Low as Tax Overhaul Stumbles [MarketWatch]

This Manhattan Penthouse Comes With a 'Beach House' [New York Post]

Under GOP Tax Plan, Some Would Win in Real Estate—and Others Could Lose Big [Realtor.com]