Tuesday, July 24, 2018

Real Estate Bubble Ending ?

Recent headlines about these 
"real estate bubble cities":


Toronto: 
Prices peaked in early 2017, 
and are now down 3% year-over-year.


Sydney: 
Prices down 5%, 
and supply is up 22%, 
year-over-year.


Stockholm: 
Over a recent 6-month period, 
luxury property market prices fell 9%. 


Vancouver: 
Over a recent 6-month period, 
luxury property market prices fell 7.6%.


New York City: 
Q1 2018 prices were down 8%, 
and sales were down 25%, 
year-over-year. 
Luxury properties fared even worse.


San Francisco: 
A record high price in January 
was followed by a rare 
spring price decline.  

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