A Window Has Cracked Open For Buyers Looking For Homes Along the French Riviera

A cattle ranch with gorgeous ocean views isn’t something you see every day. But the largest land holding on the lush Hawaiian island of Maui is exactly that. And now, the sizable spread is available for $75 million. Known as Hana Ranch, the 3,547-acre property, which includes a two-bedroom home, is in Hana on Maui’s eastern coast. And the listing comes with a pretty interesting detail: This rolling property has one very famous neighbor named Oprah Winfrey. Realtor.com

Rents in Brisbane, Australia, have hit record highs, as tenants max out budgets in many suburbs, according to Domain’s latest rent report. Experts are warning the city now needs between 4,000 and 8,000 more rentals to bring the market back from the brink. Median asking rents for units rose A$10 (US$6.73) in the second quarter to reach the A$600 per week milestone, making Brisbane the second-most expensive capital for renterst after Sydney. Domain

Home sales in the Greater Toronto Area declined 16.4% in June compared to a year ago, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut. The report by the Toronto Regional Real Estate Board said 6,213 homes changed hands in the month compared with 7,429 in June of last year. The average selling price in the Greater Toronto Area was down 1.6% year-over-year to C$1.162 million (US$850,000). CBC

The market value of real estate in Florida’s Palm Beach County grew 10% over the last year to more than a half-trillion dollars, or $514.1 billion, putting it second in the state after Miami-Dade, according to the county appraiser’s office. The taxable value is $316 billion, however, since market value includes non-taxable properties like government buildings and places of worship. Meanwhile, in Miami-Dade County, the taxable value is nearing the half-trillion mark, with an annual increase of 10.7% leading to a total of $471.5 billion. Palm Beach Post