Mansion Global

Mansion Global Daily: Hollywood History, Hong Kong Property Sales, and More

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

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Black Dahlia-Linked Los Angeles Mansion Poised to Sell

The home designed by Frank Lloyd Wright’s son and connected to a gruesome cold case has been listed on and off for years. Read More

BY THE NUMBERS

TRENDING TODAY

LISTING OF THE DAY

An Amenity-Rich Aspen Ranch with Acres of Scenic Land

Situated on an 876-acre property, Four Peaks Ranch has amenities both indoors and outdoors. Read More

DESIGNER'S CORNER

Decorating with Animal Print (In a Tasteful Way)

Believe it or not, it can be used as a neutral in many cases. Read More

NEWS BITES

HK$56.42 Billion Worth of Property Has Sold in Hong Kong in 2018 More than HK$56.42 billion (US$7.22 billion) worth of property has sold so far in Hong Kong this year, a combination of apartments, commercial and industrial spaces, and parking spaces. This marks the highest monthly sales total since 2015. "People do not want to keep cash," said Derek Chan of Ricacorp Properties. "They prefer betting on further rises in home prices." South China Morning Post

Scotland and Northern England Lead U.K. in Home Price Growth Home price growth is slowing in major U.K. cities including London, but in Scotland and Northern England, business is still booming. Edinburgh, Birmingham, Glasgow and Manchester all saw growth of 7% or more in the year to December, compared to the nationwide rate of 5.4%, and London’s 1.8%. Oxford, Cambridge, and Aberdeen all saw declines in home prices in the same period. PropertyWire

Dubai’s Booming Off-Plan Property Sales May Slow in 2018 Off-plan sales in Dubai increased 60% in 2017, according to a report from Chestertons Mena, but the city may see slower growth in the new year. "Going forward, we expect the off-plan market to decrease as the addition of new supply would suggest it will be ready units that will see an increase in demand," said a consultant at the company. The report also predicts further correction for both sales prices and rents in 2018. Khaleej Times

Vancouver’s Market Still Vulnerable to Volatility, Says CMHC The first quarter report from the Canada Mortgage and Housing Corp. found that Vancouver’s market is still at risk of volatility due to inflated prices and a frenzied condo market. Analysts point to first-time buyers overpaying in their haste to get into the city’s market before prices climb higher. The CMHC forecasts between 32,000 and 34,000 sales in the city in 2018, down from 37,000 last year. Vancouver Sun

AROUND NEWS CORP

When Your Home Really Is Your Castle [The Wall Street Journal]

Gen Z Yellow Gets Its Time in the Sun as the New Darling of Home Decor [realtor.com]

Stamp Duty Receipts Hit Record High as Home Sales Fall [The Times of London]

Half Price Chateau: $20 Million, Reduced to $10 Million [news.com.au]