UNITED STATES
New home sales fell 6.8% in June, according to a new report from The Commerce Department, indicating a potential slowdown after a strong start to the year. [Miami Herald] Who needs a McMansion? Today Money offers a tour of five available castles available in the United States. [Today Money]More: This Week's Most Popular Listings Marek Fuchs of MarketWatch takes exception to the accepted logic that the Hamptons’ real estate fortunes are a leading indicator for the rest of the United States market. [MarketWatch] A new boutique luxury condo building ushers in the latest Manhattan neighborhood - Wall Street East. [Real Estate Weekly] The Herald-Tribune explores the culture of teardown in Sarasota, Florida’s real estate market, and the concerns of longtime residents. [Herald-Tribune] Are petite prefabricated homes the perfect luxury living space for the Hamptons? [The New York Times]
EUROPE
Forbes examines whether crowdfunding can serve as a stabilizing force for Spain’s real estate market. [Fortune]More: Sunnier Days for Spain's Housing Market
ASIA
As Indonesia relaxes it’s rules for foreign ownership, Bali could prove an attractive retirement hotspot for Australians. [Australian Financial Review]More: Indonesia to Ease Restrictions on Foreign Ownership
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