Dubai’s Property Market Logs a Record-Setting February
The biggest deal last month was a AED 160 million villa on the seahorse-shaped man-made Jumeirah Bay Island. Read More
BY THE NUMBERS
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200 Amsterdam: Highest Signed Contract on the UWS this year
Shattering recent UWS sales records, this extraordinary 4-bedroom, 4.5-bathroom terrace residence at 200 Amsterdam is a neighborhood-defining residential icon. Spanning the entire 43rd Floor and encompassing a grand 4,672 sq.ft, its sensational panoramic views and position at the nexus of Lincoln Center and Central Park set it head and shoulders above the rest.
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TRENDING TODAY
LISTING OF THE DAY
A Megamansion Takes in Australia’s Dramatic Kangaroo Valley Through Walls of Glass
The sprawling 228-acre property includes a main house spanning more than 26,000 square feet, plus caretakers’ quarters, a lake and gardens. Read More
REBUILDS & RENOS
Restoring an 1845 Bristol Family Home—With the Clock Ticking
The grand home, on the English city’s Canynge Square, was in poor shape and new owners needed to move in a matter of months. Read More
NEWS BITES
Taylor Dayne Selling Los Angeles-Area Home for $2.49 Million
Pop star Taylor Dayne, who had chart-topping hits, is looking to sell her home in Valley Village, California, a quiet and desirable suburb of Los Angeles. Dayne purchased this home in 2013 for $1 million, according to reports, and is seeking $2.49 million for the five-bedroom home with more than 3,800 square feet of living space. Realtor.com
India’s Real Estate Market Getting Influx of Foreign Investment
Foreign investors are big on India. In the past five years, they’ve infused US$4 billion annually in the Indian real estate market, a recent report by property consulting firm Colliers said. The investment is riding on the country’s economic resilience, coupled with a favorable investment climate and rapid urbanization, which has enhanced its appeal as a promising destination for global investment, the report added. The Statesman
Texas Home Sales Dropped to a Seven-Year Low in 2023
Home sales in Texas dropped to their lowest level in seven years in 2023, as high mortgage rates kept buyers out of the market even as prices dipped modestly compared to 2022, according to a report by Texas Realtors. Sales plunged by 11% last year, with a total of 327,921 sales—the fewest since 2016. Newsweek
Australia’s Listing Inventory Is up Heading Into Autumn
With steady interest rates creating more certainty for both home buyers and sellers, Australian real estate agents are preparing for a strong selling season this autumn. Listing inventory is up across the country, with February bringing an increase in new listings across the capital cities, marking the second consecutive month that all capitals, except Adelaide, saw a monthly increase in listings. Additionally, new listings have hit a record high in Canberra, a six-month high in Darwin and a near-two-year high in both Melbourne and Sydney. Nicola Powell, chief of research and economics at Domain, said the increase in home listings shows confidence in the market is returning. Domain
AROUND NEWS CORP
Software Mogul Wants $85 Million for ‘Sky’s-the-Limit’ Beverly Hills Compound [The Wall Street Journal]
Estate Agents Fear Mortgage Rate Rise Will Derail Market Recovery [The Times of London]
Are ‘Blue Zones’ Where Residents Live to 100 Good for Real Estate, Too? [Realtor.com]
Growing Number of Aussies Falling Behind on Their Mortgage Set to Hurt Tenants [news.com.au]
