Luxury Real Estate Blog and News
Spain's property market heading for second crash in a decade
August 06, 2020 - SpainThe US$6 trillion real estate market in Spain could soon face another crash, experts say.
Causeway Bay Shop Sold at 73% Loss
August 05, 2020 - Causeway BayHong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73% loss.
Wanda sells Chicago Vista Tower for $270 Million
August 03, 2020 - ChicagoChicago-based Magellan Development Group has agreed to buy the 90% ownership stake from Wanda Hotel Development.
Property prices in Portugal unaffected by coronavirus
July 28, 2020 - PortugalThe average price of properties for sale in Portugal fell just 0.8% between April and May.
Rental price drops in Italy the worst in Europe
July 27, 2020 - ItalyRental prices on one bedroom apartments have dropped throughout Europe due to the COVID-19 pandemic.
Canadian house prices have declined by 10%
May 25, 2020 - CanadaHouse prices in Canada have fallen by 10% due to the COVID-19 induced lockdown, data from the Canadian Real Estate Association shows.
Shenzhen old home prices jumped 10% in April
May 19, 2020 - ShenzhenThe prices of old homes in Shenzhen jumped 10.3 per cent year on year on average in April.
Macau residential market under challenges
May 12, 2020 - MacauResidential property transactions in the first quarter of the year were at the lowest levels since 2009, according to data from Macau’s Financial Services Bureau.
Chinese homebuyers going on revenge spending binge ?
May 07, 2020 - ChinaA property buying fever has gripped Chinese homebuyers, who are indulging in some revenge spending on property as coronavirus lockdowns are lifted in China.
High demand for luxury homes in Collingwood
April 22, 2020 - CollingwoodEngel and Völkers is predicting a 10% increase in the Collingwood real estate market in 2020.