Buyers Can Finally Snag a Deal in the World’s Most Expensive Housing Market
Sales and home prices in Hong Kong have deflated—we’ve pinpointed three markets where luxury buyers should look. Read More
BY THE NUMBERS
| CONTENT FROM: The Centrale |
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Residences in the center of it all with panoramic views
The Centrale in Midtown NYC features masterful architecture by Pelli Clarke & Partners and extraordinary interiors by Champalimaud Design. Experience mesmerizing views and an array of word-class amenities from the indoor lap pool to a grand entertaining room with triple-height ceilings adjacent to the four-season terrace. 1-4 Bedroom Residences priced from $2.475M.
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TRENDING TODAY
LISTING OF THE DAY
Park Your Plane—or Car Collection—at This Lakefront Home in New York’s Hudson Valley
Amenities include 2,200 feet of Copake Lake frontage, an airplane hangar, equestrian facilities, a pool and a tennis court. Read More
MANSION GLOBAL BOUTIQUE
Pamper Your Pet in Style
From a luxury leash to a sturdy carrier to take your pet on all your adventures, these picks will make your four-legged friend feel all the love and affection. Read More
NEWS BITES
‘Homer Simpson’ Actor Dan Castellaneta Lists California Home for $4.5 Million
Dan Castellaneta, the iconic voice of Homer Simpson on “The Simpsons,” is selling his condo in Santa Barbara, California. The two-bedroom, 2.5-bath waterfront property is listed for $4.5 million. The actor purchased this beach retreat in 2015 for just over $3 million. The condo, which was built in 2011, has a neutral color scheme and an open-plan layout. The living, dining and kitchen areas flow seamlessly, while oak floors, a Sonos system and gas fireplace lend an upscale feel. Realtor.com
Big Weekend of Home Auctions in Australia
More than 2,400 homes will go to auction in Australia this weekend as sellers re-emerge from the quiet summer period, while buyer enthusiasm builds amid growing talks of a rate cut. PropTrack data shows more than 1,000 homes are set to head to auction across Victoria alone, 26% higher than the same time last year, followed by New South Wales with 886 auctions scheduled. realestate.com.au
Calgary’s Luxury Home Market Bucked National Slow Down Last Year
Many of Canada’s major luxury housing markets plateaued last year, but that wasn’t the case in Calgary. “Calgary has a beacon of economic strength and, in turn, led all major luxury markets across Canada last year for growth,” said Don Kottick, president and chief executive officer of Sotheby’s International Realty Canada. “And it looks like it will continue this year.” Home sales over C$1 million (US$741,645) in the city grew 13% annually last year, and ultra-luxury homes worth C$4 million or more grew 50% in the same time. Calgary Herald
U.S. Homeowners Are Staying Put for 12 Years on Average
The typical homeowner in the U.S. is now spending 11.9 years in their home, almost double the average of 6.5 years from two decades ago, according to Redfin data. Time spent in the same home peaked just before the pandemic-driven housing frenzy in 2020 at 13.4 years. This increase in homeowner tenure is largely fueled by older Americans staying in place for longer—nearly 40% of baby boomers have lived in their current homes for at least 20 years, and another 16% have spent 10 to 19 years in the homes they currently own. As for Gen Xers, 35% have lived in the same home for at least 10 years. World Property Journal
AROUND NEWS CORP
Million-Dollar Home Sales Were Rare Around Pensacola. Now They’re Everywhere. [The Wall Street Journal]
Inside a Fashionable Family Home With a Grown-up Color Palette [The Times of London]
The Daytona 500 Is Revving up: Let’s Take a Spin Through the Mansions of NASCAR’s Biggest Stars [Realtor.com]
New-Home Construction Fell in January. Builders Are Still Gearing up for More Sales. [Barron’s]
