The Moment Is Right to Buy in One of Seattle’s Coveted Neighborhoods
Prices have softened for seven-figure listings in prized areas like Queen Anne, Magnolia and Madison Park. Read More
BY THE NUMBERS
TRENDING TODAY
LISTING OF THE DAY
A Frank Lloyd Wright Design Makes for an Unconventional Farmhouse
The house was built in 1961 for farmers in California’s San Joaquin Valley and now it’s for sale totally restored. Read More
NEIGHBORHOOD NOTES
Dominican Republic’s Cap Cana Offers Polo, Golf and Plenty of Fishing in the Caribbean
The coastal community is experiencing a pick up in development and more luxury amenities along with it. Read More
NEWS BITES
Dubai Registered an 87% Annual Increase in Total Home Sales in May
Real estate sales spiked 87% in May, according to a report by real estate listings website Property Finder. There were about AED 34 billion (US$9.3 billion) worth of sales recorded last month, up from last May’s AED 26.5 billion. There was also a 78% annual increase in deals, with off-plan purchases accounting for 49% of sales. The volume of off-plan property sales surged to more than 5,700 transactions, a 110% jump on an annual basis, from 2,716 deals registered a year earlier. The National
Historic Martha’s Vineyard Cottage—Painted Hot Pink—Lists for $875,000
A historic, hot-pink cottage in Martha’s Vineyard, Massachusetts, has hit the market just in time for summer, asking $875,000. About 700 square feet, the house was updated in 2021 to accommodate year-round living. Built in 1870, the two-bedroom, one-bathroom “has been lovingly cared for” and “boasts signature gothic doors, a stained-glass window, and a large picture window in the living room allows for extra light,” according to the listing with Tea Lane Associates. The property is part of the Vineyard’s collection of so-called gingerbread houses. Fun 107
Toronto Home Sales Saw a 25% Spike in May
Home sales in Toronto rose 25% year over year in May, as well as 20% compared to April, according to the Toronto Regional Real Estate Board. Demand has increased this spring as buyers have moved off the sidelines, according to Jason Mercer, the board’s chief market analyst. “Many home buyers have recalibrated their housing needs in the face of higher borrowing costs and are moving back into the market. In addition, strong rent growth and record population growth on the back of immigration [have] also supported increased home sales,” he said. BNN Bloomberg
Waterfront Residence With Private Beach Lists for A$6 Million in Clifton Springs, Australia
A cliff-top home with a private beach in Clifton Springs—a coastal town located on the Bellarine in Victoria, Australia—has hit the market with a A$6 million (US$3.99 million) price tag. Owned by the same family for 60 years, the five-bedroom home has far-reaching views of Port Phillip Bay and the You Yangs mountain range. The brick house is surrounded by trees, and offers an indoor swimming pool, a spa and several living rooms across two levels. There’s also garages for three cars, a circular driveway and opportunities to expand the living space. realestate.com.au
AROUND NEWS CORP
Heat Guard Victor Oladipo Lists Miami Beach Home for $9.995 Million [The Wall Street Journal]
Mortgage Rates Just Shot up Again—but the News Gets Worse From There [Realtor.com]
Rainbow Streets Create Property Bright Spot [The Times of London]
Sydney Ranks 9th in World for A$15 Million Plus Home Sales [news.com.au]
