A report from Global News in Canada. "Some sellers are cashing out of Canada’s hot housing markets as property values soar to new heights — while others may have already missed their chance. There are a few factors at play. First, there was the introduction of B.C.’s new 15 per cent tax on foreign buyers, which prompted a rapid slowdown in sales. Then in October, new federal mortgage rules were announced and quickly implemented, intended to stabilize the country’s housing market. The changes are leaving some homeowners on edge in Vancouver. 'Some (sellers) are fearful,' said James Garbutt, a realtor in the Vancouver area. 'When you compare it to the peak of the madness in April, we’re off — for certain products — by about 20 per cent.'"

The Evening Standard in the UK. "Homeowners looking to sell up in the most expensive areas of central London are cutting record six-figure sums off asking prices in the wake of the Brexit vote, according to figures. In the 'golden triangle' of postcodes around Kensington, Knightsbridge and Mayfair an average of £171,321 is now being slashed from asking prices, up from £150,120 in the three months before the June 23 poll."

"One three-bedroom, ground-floor flat on Belgravia’s Eaton Square went on the market in January with Hamptons International for £6.35 million. This month, it was repriced at £5.995 million. Similarly, a two-bedroom flat at Hanway Gardens, a new building in Fitzrovia, was on the market for £1.7 million at the time of the Brexit vote with Fraser & Co. Its price was cut in July to £1.6 million and again this month to £1.55 million."

The Property Report on Dubai. "Dubai’s apartment market continues to make quarterly slides alongside the global oil price slump, data from UAE-based property portal Bayut.com recently showed. One-bed apartment rents suffered the greatest drop among all bed categories, with average prices decreasing 8 percent from AED100,000 (USD27,200) in the second quarter to AED92,000 (USD25,000) in the third quarter. The first seven months of 2016 saw a 30-percent slash on real estate sales values in Dubai, according to the Dubai Land Department."

"To some local property developers however, the emirate’s property market is in its bottoming-out phase. 'I think the worst is over,' Nakheel PJSC Chairman Ali Rashid Lootah told Bloomberg recently. 'Dubai is growing, we are seeing signs of more inquiries – serious inquiries – and I think that’s a sign of recovery. The market is maturing, we are seeing more serious, cautious investors, not speculators.'"

The News Minute on India. "Infrastructure company Marg ProperTies, wholly owned and subsidiary of MARG Ltd is in the news for the wrong reasons. Around 4000 customers who had invested in their properties are yet to receive apartments promised to them. 'We filed a complaint -along with documentary proof- with the Central Bureau of Investigation, the Chennai Crime Branch, the Chief Minister’s Complaint Cell and the Commissioner’s Office, but we are yet to hear from them,' says Ravishankar -an investor- while speaking to The News Minute."

"Ravishankar invested in an apartment costing Rs. 42 lakhs and has already paid an amount of Rs. 35 lakhs, by availing a home loan from Axis Bank. He blames the bank too for not verifying the construction/sale agreement before transferring the said amount to the builders. According to him, only 30% of the project is complete, with only the exteriors in place."

"'Does this mean they don’t have funds to complete the project? Who will buy the rest of the apartments now?' asked a customer who did not want to be identified."

"The Brindavan Project in Sriperumbudur in Kancheepuram district on the other hand, has not even started. It was supposed to have been completed by 2013. The company website boasts of 1848 apartments (with 2 & 3 BHK) spread over 16.5 acres. 'I invested in this project back in 2010 and have already paid about Rs. 10 lakhs for the apartment. No environmental clearance has been obtained the company has taken loans. If I had known then, I would never have invested in this project,' shares advocate Hari."

"Just like Hari, almost 600 people have bought apartments and paid 50-60% of the sale cost. 'Only the Navratna project has been completed till date, while only the foundation has been laid for Aayush. Construction has not even begun for Four Seasons. At Maha Utsav, you are greeted by the sight of pillars,' fumes Rajesh, an investor in the Maha Utsav and Ayush projects."

"He paid Rs 3.5 lakhs for the Maha Utsav project and Rs. 2 lakhs for Ayush. 'I paid the money in 2010. Around 3000 people have invested money in the Swarnabhoomi project, but only 450 have got their apartments,' he adds. Even after filing a police complaint at the Thoraipakkam police station in July 2015 -he says- the police have not taken any action against the builders. A protest too was organized in Chennai by enraged customers and a case was also filed in the Consumer Court last year. 'There are no judges appointed to the Consumer Court and our case has not come up for hearing till now,' Rajesh sounds frustrated."

"Rajesh alleged that he was being threatened by the Marg Group for repeatedly asking them to return the money he had paid for the apartments."