Savannah Home Sells for Nearly $6.2 Million—a Record for the City’s Historic District
The Greek revival-style mansion was completed in 1903 and overlooks one of the city’s most famous parks. Read More
BY THE NUMBERS
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HOME OF LEGENDS
Within these historic walls, discover a new and inspiring home as the Old War Office is reborn as The OWO. Experience the finest in service & style at Raffles Hotel & Residences, unparalleled culinary experiences and a transformational spa.
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TRENDING TODAY
SUMMER 2023
Mansion Global Experience Luxury
In the summer issue of Mansion Global Experience Luxury, we take a look at over-the-top aquatic amenities that are bringing families together; homes with private beaches; decorating your outdoor space with vintage furniture and more. Read the Full Issue
LISTING OF THE DAY
Splashy Penthouse Sits Atop Boston’s Wellness-Focused Tower
The condo has 11-foot ceilings and panoramic views of the Charles River and Boston Harbor. Read More
SMART HOMES
Composters That Take the Stinkin’ Trouble out of Food Scraps
These high-tech appliances make recycling organic matter easier and more efficient. Read More
NEWS BITES
France Becoming Less Popular for Brits in Search of Second Homes
The number of Brits who own a second home in France has slumped over the past decade, and Brexit is thought to be the cause. The number of households in England with a French vacation home stood at roughly 60,000 last year, according to a housing survey from the U.K. government, some 30,000 less than in 2012-13. “About 10 years ago, there was a demand for British people to settle in the region,” said Mathieu Monfort, owner of the Brittany-based estate agency Littoral Ouest Immobilier. “But we’ve seen a lot more reluctance. Covid disrupted the whole country, but then Brexit accentuated this effect with regard to the U.K. I don’t see Britons anymore.” The Connexion
Dubai’s Luxury Property Market Logs Banner First Half of the Year
Dubai’s high-end housing market had a red-hot start to the year. Between January and June, 176 luxury homes costing more than US$10 million changed hands in the city. Collectively, those deals were worth AED 3.1 billion (US$844 million), a total that outperformed London, New York and Paris for the first time, according to a market report from estate agency Allsopp & Allsopp. According to the firm’s CEO, Lewis Allsopp, instability in Europe, the U.S. and many important markets has increased investors’ appetite for Dubai. Gulf Today
Guy Pearce Lists Australian Home
Actor Guy Pearce has listed his long-term home in Melbourne, Australia, with a price guidance of A$8.5 million to A$9.35 million (US$5.7 million to US$6.3 million). The property consists of two connected red-brick Edwardian-era homes. Pearce acquired the initial property for A$361,000 in 1995 and the neighboring house in 2004 for A$1.35 million. The homes, in the city’s inner suburb of Middle Park, were redesigned to connect and boast an open-plan living and dining space, a media room and a garden with a stand-alone studio. news.com.au
Rust Belt Cities Log Highest Home Price Growth in the U.S.
U.S. home prices ticked up for the fourth straight month in May, according to the latest S&P CoreLogic Case-Shiller home price index. Nationally, property prices rose 0.7% on a monthly basis. “The last four months’ price gains could be truncated by increases in mortgage rates or by general economic weakness,” said Craig Lazzara, the company’s managing director. “But the breadth and strength of May’s report are consistent with an optimistic view of future months.” Cities in the Rust Belt outperformed the rest of the nation, rising 4.6% in Chicago; 3.9% in Cleveland; and 3.5% in New York. CNBC
AROUND NEWS CORP
A Domino’s Executive Puts Bel-Air Home on the Market for $29.95 Million [The Wall Street Journal]
From £1 House to a Glamorous Party Pad [The Times of London]
The Housing Shortage Hits Crisis Levels: What Homebuyers, Sellers Need to Know Before Making a Move [Realtor.com]
The Only Frank Lloyd Wright Property in Malibu Burned Down—Now It’s up for Sale [New York Post]
