U.S. Home Prices Expected to Rise 4.3% in 2018
Demand, low supply to keep 2017 trend going, with the largest gains seen in five Western states. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
Custom Timber Home in Montana with Exceptional Ski Access
The seven-bedroom house is fully turnkey, with furnishings included. Read More
SMART HOMES
A Guide to High-Tech Coffee Tables
Add futuristic functionality to your statement furniture. Read More
NEWS BITES
Taiwan Increasingly Appealing to Hong Kong Buyers As prices in Hong Kong continue to be prohibitively expensive, buyers are increasingly looking to purchase homes in Taiwan. With apartments in Taiwan running at around one-third the price of those in Hong Kong, realty companies are seeing more interest. In Taipei, which is less than two hours away from Hong Kong via plane, two-bedroom units can be found for US$337,482. South China Morning Post
New Rules Have Canadian Buyers Looking Past Banks For Mortgages A new stress test on Canadian buyers who don’t need mortgage insurance has as many as 20% more potential borrowers being rejected by banks. Designed to prevent reckless lending, the more stringent requirements have more people taking alternate routes like private lenders, credit unions and mortgage investment corporations, which are exempt from the government restrictions, in order to secure mortgages. Vancouver Sun
Home Built by Kevin Jonas Returns to Market Kevin Jonas has put back on the market a Montville, New Jersey, home that he built himself. The former Jonas Brother started a property development company after his time with the band and in 2016 completed the five-bedroom which sits on two acres. It was originally listed for $2.5 million but was just re-listed for $2.48 million. The home has a saltwater pool, wine room and basement playroom. New York Post
Toronto Sees Sales Fall, Listing Jump Toronto sales saw a deep decline in January, with 22% fewer homes sold than at this time last year while the number of new listings was 17% higher. The number of active listings was 136% higher than a year ago. Prices also declined, with the overall average down 4.1%. Demand for condominiums continues. Lack of supply had the number of units sold decline but the average price was up 15%. The Globe and Mail
AROUND NEWS CORP
South Korean Developers Cautious About Lasting Olympic Benefits [The Wall Street Journal]
Timbaland Claims a Man Is Staying in His Miami Mansion Illegally [New York Post]
The Best Places to Live in Each State—You Haven’t Even Heard of Lots of Them [MarketWatch]
Need a Modern Fortress? Live Like a Royal in a Massive Minnesota Castle [realtor.com]