The Housing Bubble Blog

A report from News Channel 5 on Tennessee. "With 100 plus people moving to Nashville every day, a strong economy, and a vibrant city center, Music City continues to prove why it's become the 'it' city. Across the nation, the housing bubble may be close to bursting. In Nashville, however, the market...

A report from the Western Farm Press in California. "Agricultural land sales across California appear to be leveling off after peaking in 2015. Even the 'seller’s market' conditions in North Coast vineyards appear to be becoming more buyer and seller neutral. For Ben Slaughter, senior appraiser...

A report from CTV Vancouver in Canada. "Some Vancouver detached homes have sold for hundreds of thousands of dollars below asking, and there's now proof the trend is in effect beyond the city's borders as well. Prices appear to be dipping in other parts of the Metro area and Fraser Valley too,...

A paper written by Danielle DiMartino Booth titled, 'Commercial Real Estate: From Towers of Gold to Pillars of Salt.' "Today’s investors in commercial real estate (CRE) can be forgiven if they’ve got the urge of late to go soft on the sector. Fine, so the current CRE cycle is long in the tooth. The...

It's Friday desk clearing time for this blogger. "Miami condo sales continue to stagnate, new sales figures show. In a sober tone, ISG principal Craig Studnicky spoke to a crowd of about 500 real estate agents and industry insiders about the state of the preconstruction condo market in South...

A report from the Evening Standard in the UK. "Sales of luxury apartments in London have collapsed by more than 80 per cent since the spring in a 'staggering' market slump, the Evening Standard can reveal. A toxic combination of rocketing stamp duty rates and 'Brexit blight' have brought the...

A report from the Seattle Times in Washington. "At $750 a month, a new apartment opening in the University District is one of the cheapest in Seattle. So what do you get for that price? A room the size of a parking space with a toilet that’s not even behind its own door. The landlord for a...

A report from Bisnow on New York. "The supply flood and Millennial masses heading to cheaper fringe areas are causing rents to noticeably dip and condo/townhouse sales to soften. Leslie J. Garfield & Co real estate advisor Ravi Kantha said this pushback should’ve been expected as Brooklyn...

A report from CTV News Vancouver in Canada. "Data released Friday showed that those looking to buy a single family detached home in the city last month forked over about $1.5 million in Metro Vancouver, but recent listings suggest that the benchmark is falling. CTV News found a number of East...

A report from the Wall Street Journal. "Home builders say they are fairly upbeat about housing conditions. The stock market suggests otherwise. A gauge of home-builder sentiment in recent months has hovered near its highest level in 11 years. But the housing recovery has sputtered in recent months...

A report from the Guardian on Australia. "Despite early indications that some housing markets in the mining states will hit the skids, the Australian mortgage-financed housing bubble continues to grow. The Reserve Bank of Australia is pushing to find a scapegoat to lay blame for economic challenges...

A report from Bloomberg on Washington. "Just a few days after Vancouver announced a tax on foreign property investors, Seattle real estate broker Lili Shang received a WeChat message from a wealthy Chinese businessman who wanted to sell a home in Canada and buy in her area. After a week of...

A report from CNBC. " In its recent survey of nationwide rent conditions, data from apartment rental site Zumper said that the most expensive markets in the nation saw either flat prices or outright declines—demonstrating evidence of a potential top. 'Among the top ten most expensive rental...

A report from Bloomberg on Canada. "Vancouver home sales plunged 37 percent in November from a year earlier, extending the slowdown in Canada’s most expensive property market for the fifth straight month. Sales have been falling year-on-year since July, with buyers sitting out as the price of a...

It's Friday desk clearing time for this blogger. "The Woodlands mansion with the 'biggest closet in the U.S.' is just not selling. The home is back on the market. This time for much cheaper. Originally, homeowner Theresa Roemer listed the residence at $12.9 million. It's now on the market for $7.95...

A report from the Wall Street Journal on Massachusetts. "Even as U.S. home prices hit a high in September, the building bonanza of luxury apartments in Boston, one of the nation’s hottest rental markets, may be peaking, according to a report. The number of permits issued for new housing units...

A report from Q13 Fox in Washington. "Seattle is the hottest housing market in the country according to new numbers released by the Case-Shiller Indices. Home prices across Snohomish, Pierce and King Counties are up and Seattle prices are rising twice as fast as the rest of the country. Derek...

A report from News.com.au in Australia. "Last year their house prices were skyrocketing — now they’ve come back down to earth. Growth in property prices across a range of once booming Sydney suburbs has recently ground to a halt after hitting an affordability ceiling. The slowdown was most evident...

A report from the Boston Globe in Massachusetts. "The epic building boom that has added thousands of luxury housing units in the Boston area may have peaked, as a report to be released Tuesday by an influential foundation suggests the region has run out of customers willing to shell out huge sums...

A report from the Montreal Gazette in Canada. "It seems like a person can’t throw a rock in downtown Montreal without hitting a new condo project promising state-of-the-art facilities, a rooftop pool, breathtaking views and a communal lounge. It begs the question: Are there too many condos in...