Latest London Market Data Show Signs of Price Declines Bottoming Out
London real estate is on the road to recovery, according to a new report from the British real estate agency Knight Frank. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
A Modern Penthouse With Views of Some of London’s Most Iconic Sights
This quintessentially English Victorian mansion may be a grand, old red-brick period building set in a historic part of London, sandwiched between Westminster Cathedral and Buckingham Palace, but inside, Artillery Mansions’ penthouse is ultra-modern in both design and function. Read More
SMART HOMES
Clean Machines: Washers and Dryers Designed for the Smart Home
If laundry day is your least favorite day of the week, you may be working with some substandard tools. Read More
NEWS BITES
Company Seeks to Remedy Hong Kong’s Housing Shortage With Modular Buildings Sky-high costs have made small home prices nearly three times what they were in 2003, according to a UBS report, and the government has fallen behind on creating new housing, but AluHouse believes its modular aluminum structures, which are simple to build and adaptable to various needs, can solve the problem. Some housing experts, however, argue that the larger issue of the shortage of available land limits how much AluHouse’s product will be able to achieve. South China Morning Post
Factors In Toronto’s High Home Prices Leave Few Options for Remedy Soaring home prices in Toronto are a problem not easily fixed, a study from the Canada Mortgage & Housing Corp. has found. While a lack of supply and speculation are the major contributors to the problem, the report suggests that there are other elements that are harder to discern. While high prices in Vancouver have been in line with what economic forces would indicate, that hasn’t been the case in Toronto, a fact that Canada Mortgage & Housing Corp. calls "puzzling." The Star
Retired NFL Linebacker Selling Miami Home for $3.8 Million Stephen Tulloch, a former NFL player who last played for the Philadelphia Eagles before retiring in 2016, has put his home in Miami’s suburb of Pinecrest up for sale for $3.8 million. The 7,000-square-foot house has seven bedrooms and eight bathrooms. The backyard has a "resort-style" pool, a Jacuzzi, a gazebo and basketball and tennis courts. He bought it in 2012. Curbed Miami
Austin, Texas, Condos Surpass $1 Billion in Sales Over the Last Year Condos are in demand across the state, and particularly in Austin, according to the Texas Association of Realtors. A recent report showed that condo and townhome sales across Texas exceeded $5.4 billion between August 2016 and July of this year. Condo sales specifically saw an 8.6% increase in sales over the year. Austin has the highest median condo price in the state, at $255,000, and from August of last year to July 2017, the number of condo sales there increased 13.2%. The total sales dollar amount jumped nearly 20% to just over $1 billion. Culture Map
AROUND NEWS CORP
The Average Joe Needs to Work More Than 100 Hours a Month Just to Cover the Mortgage for a Home in These Cities [MarketWatch]
In Search of a New Neutral? Think Pink [The Times of London]
Don't Put Your Faith in These Common Home Appraisal Myths [Realtor.com]
Shedding Seinfeld Stereotypes, Boca Property Developers Court Younger Crowd [The Wall Street Journal]