The Window Is Closing to Get a Deal as Hong Kong’s Home Market Perks Up
Existing-home prices fell 15.6% last year, the largest annual decline since the Asian financial crisis in 1998. Read More
BY THE NUMBERS
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TRENDING TODAY
LISTING OF THE DAY
Live Like a Beatle on London’s Montagu Square
The three-bedroom duplex spans the top two floors of a house on the garden street that was home to three band members at various times. Read More
MANSION GLOBAL ON YOUTUBE
This $28 Million Santa Fe Mansion Could Break a State Record
The New Mexico mansion known as Vida Encantada offers 14 bedrooms, 25 bathrooms and mountain views spread across 18,000 square feet in sunny Santa Fe. Watch
NEWS BITES
Toronto Home Prices Dropped Nearly 18% in February
The average price of a home in Toronto was down 17.9% year over year to C$1.10 million (US$809,121) in February, according to a Friday report from Toronto Regional Real Estate Board. At the same time, however, there was a 5.5% increase in prices compared to January, the report said. Sales plummeted 47% from a year ago, and new listings were down 40.9%. “It has been almost a year since the Bank of Canada started raising interest rates. Home prices have dropped over the last year from the record peak in February 2022, mitigating the impact of higher borrowing costs,” Paul Baron, president of the Toronto Regional Real Estate Board, said in a statement. Reuters
Texas Legislators May Ban Real Estate Purchases by People From Several Countries, Including Russia and China
Texas may soon ban real estate sales by businesses, governments and citizens of China, Iran, North Korea and Russia. A hearing was held at the Texas State Capitol on Thursday about two proposed bills that would restrict the property purchasing power of entities from certain countries. Opponents of the bills said they’re discriminatory, and the proposals have received pushback from the Asian American-Pacific Islander and other communities impacted. Others argue it could hurt the Texas economy. KHOU 11
Seaside Duplex Outside of Melbourne Lists for A$15 million
An Australian apartment with a games room inspired by the late cricket legend Shane Warne—complete with a bespoke billiards table, a black stone bar and a lounge area—is on offer for A$15 million (US$10.14 million). Located in St. Kilda, an inner seaside suburb of Melbourne, the wellness-focused residence is part of the Saint Moritz development, and this unit is owned by its developer, Tim Gurner. The duplex offers four bedrooms and five bathrooms, including a A$120,000 sauna in the main bedroom’s ensuite. realestate.com.au
Atlanta Home of Late Businessman Charlie Loudermilk Sells for $8.6 Million
An Atlanta home built in 1999 for the late Atlanta-based businessman and philanthropist Charlie Loudermilk has sold for $8.6 million, making it the most expensive property sold in the upscale neighborhood of Buckhead this year. Nearly 15,000 square feet with seven bedrooms, eight bathrooms and three powder rooms, the mansion was designed by William T. Baker and inspired by Thomas Jefferson’s Monticello estate in Virginia. The residence sits on 14.1 acres, and the grounds feature a fishing pond, a waterfall, a greenhouse, a log cabin, a barn and a life-size statue of a buck grazing outside the mansion. The Atlanta Journal-Constitution
AROUND NEWS CORP
How Hot Is Aspen’s Market? Townhouse Fetches More Than Twice What It Sold for 2021 [The Wall Street Journal]
How to Buy and Sell Property in Spring 2023 [The Times of London]
Deion Sanders Scores Colorado Mansion With Breathtaking Mountain Views [Realtor.com]
A Second City Is Coming to One Aussie State, but Not All Like the Idea [news.com.au]
