What do you see in your housing market this weekend? Price reductions? "Despite the fact that apartments in the capital were subject to the biggest regional price increase in November last year, flat prices over the Greater London area have recently plunged. The price of a city apartment has fallen by 4.9 per cent since December and the cost of an Essex flat has crashed by eight per cent, according to a study by independent estate agents, Team Association."

"Figures show that despite demand still outstripping housing supply, the housing stock for January has shown a 215 per cent increase, making it the best month for new listings since last September."

Or banking developments? "The parent of Coast Bank of Florida will post a $17.3 million loss for 2006 as it tries to recover from a major loan crisis. Sarasota attorney Alan Tannenbaum, who represents dozens of Coast clients, said 'it appears the bank is moving closer to reality as to what their exposure is,' though he believes that exposure is probably higher."

"The bank could lose money from borrowers who walk away from their loans, those who convert their construction loans to permanent loans, or those who want the bank to reduce the value of the loans, he said. Coast revealed in January that those 482 loans were in jeopardy after the home builder stopped construction."

Condo conversions? "In a sluggish residential market, Falcone Group plans to attract the elite to the top floors of the premiere Philadelphia tower. 'At the time they purchased the space, it was a good thing to do because there was a glut of office space in the market, and probably that is what led them to consider that,' said Bob Clements, executive VP of Grubb & Ellis."

"'If they opened a year and a half ago, the market was much more favorable to sellers,' said said Kevin C. Gillen, a Wharton School economist who monitors the local housing market. 'The condo inventory is very large vs. the number of people who want to buy, so buyers are being very selective right now.'"

Any speculation? "Regina's housing market continued its torrid pace in February, setting a 20-year high for sales activity and a record high for sales volume, according to the Association of Regina Realtors."

"'There's a real shortage of quality listings,' said Gord Archibald, executive officer of the association. Archibald said realtors have told him of recent transactions where there were 'six or eight offers on a property in a day or two of coming on the market, selling $12,000 or $13,000 over list price.'"

"Archibald suggested that out-of-province investors may be snapping up bargains. 'A lot of these investors are out-of-province people who are coming in and parking their money here ... because they can buy an investment property here at a pretty reasonable price.'"

"But there's no doubt that buyers from Alberta are having an impact on the housing market in Regina, he added. 'I'm hearing almost daily from (association) members who are working with somebody from Alberta,' Archibald said."

Reports of overbuilding? " Even in a slowing housing market, homes continue to be in the works, under construction and for sale in Gilbert. Homebuilders, including Taylor Woodrow Homes Lennar, and Cachet Homes, are planning to bring about 3,600 houses to southeastern sections of the town."

"Lennar, a Miami-based homebuilder, plans with a joint venture partner to construct 1,965 houses on property at Lindsay and Queen Creek roads. Adora Trails, will bring 1,871 units of single and multi-family housing to property on Riggs Road between Val Vista Drive and Higley Road, said Seth Keeler, project manager."

"Taylor Woodrow Homes and Element Homes are bringing more than 800 houses to Shamrock Estates, near Higley and Chandler Heights roads. Taylor Woodrow just started selling a 114-lot collection at Stratland Estates, and a 78-lot collection is coming soon to Carrara Estates, Scott Holland said."

"Gilbert is perceived as an infill community, which may be fueling popularity of new home projects in the area, said ASU's Jay Butler. 'For people who want a new home, this is not a community that lacks everything at the moment,' Butler said."

"In January, Gilbert was the third largest issuer of residential permits in Maricopa County behind Phoenix and unincorporated areas of the county, Butler said."