Bold Buyers and Savvy Sellers Will Find a Post-Election Moment of Opportunity in London

A buyer recently picked up Gary Sinise’s colossal estate in Southern California’s Santa Rosa Valley. The award-winning actor put the eight-bedroom, 8.5-bath stunner on the market in April for $7.25 million and it recently sold for $6.83 million. Sinise purchased the place in 2014 for $5.25 million. Nestled on 28 acres in a gated development, the residence features a foyer with a sweeping staircase and 24-foot ceilings. Realtor.com

Home prices in Southern California keep breaking records. In June, prices rose nearly 8% from a year earlier, the fourth straight month values hit an all-time high. The average home price in the six-county region now stands at $876,280, up 0.4% from May, according to data from Zillow. Los Angeles Times

Toronto apartment rents marked their lowest point since the summer of 2022 in June, slipping 3.5% since last year in the fifth consecutive month of declines. That may offer some relief to tenants, but is concerning for the large number of condo investors who staked their high-rise investments on rising rents. BlogTO

Former professional Australian footballer Lance “Buddy” Franklin and his wife, former Miss Universe Australia Jesinta Franklin, are officially parting with their Gold Coast home less than two years after buying it. There is no price guide available, as Queensland law prohibits such for homes going to auction, but the couple purchased the property in November 2022 for A$8.75 million (US$5.94 million). The sleek mansion features a large terrace, a magnesium pool with a swim-up bar and a games room. Domain