Out-of-This-World €9 Million ‘Spaceship’ House Lands in Portugal

Following a sluggish first quarter, residential real estate across Qatar remained robust during the second quarter, with significant improvements in rent. According to a report by real estate platform hapondo, key downtown areas in Doha saw steady one-bedroom apartment rents and “an even better” two-bedroom market, whereas the rents of villa apartments surged rapidly. “We saw a much more vibrant residential market in Q2, with rents increasing and favoring apartments in the downtown areas, the two-bedroom apartment market, and the villa market, in general,” said Ahmad Al Khanji, CEO of hapondo. Zawya

Housing demand in Perth, Australia, continues to outpace supply with real estate pundits predicting the crisis is set to worsen. This time a year ago, when Perth was already in the middle of a housing crisis, there were 5,257 properties. This week that figure has plummeted to a total of 3,285, comprising 1,939 houses, 905 units and 441 vacant blocks. “It’s been a five-year journey from the most oversupplied market in recorded history to the most undersupplied,” said Trent Fleskens, Strategic Property Group managing director. Domain

David Arison, a member of the Israeli family that founded Carnival Cruise and owns the Miami Heat, purchased an 8,514-square-foot mansion in Bal Harbour, Florida, north of Miami Beach. David is one of four children of Shari Arison, owner of Arison Investments, nephew of Carnival Cruise chairman Micky Arison, son of its founder Ted Arison. South Florida Business Journal

U.S. home buyers got a small break in July, with the median listing price declining to $439,950 compared to $445,000 in June. Meanwhile, price cuts reached a two-year high last month, with nearly 19% of listings on the market getting a discount. Both price trends are likely the result of stubbornly high interest rates so far this summer. Realtor.com