Mansion Global's daily round-up of the latest luxury real estate news from around the world
Mansion Global Daily
 | | The 18-acre estate, consisting of several connected structures, includes a theater, an extra-long great room and a guest house. Read More |
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BY THE NUMBERS |  |
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| MEMBER MESSAGE: BUY SIDE FROM WSJ |  | Finding the Best Deals for Labor DayLabor Day is around the corner and so are end of summer deals. Our editors have sorted through all the sales and handpicked the ones worth adding to your cart. Subscribe to the Buy Side from WSJ newsletter to be the first to know when and where to shop this Labor Day. Learn More |
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Listing of the day |  | | The property is planted with ponderosa pines and borders a national forest. Read More |
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Smart Homes |  | | These devices will monitor the moisture in your house or apartment and keep it under control. Read More |
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News Bites | Nick and Vanessa Lachey Sell Honolulu Home for $9.45 Million | Nick and Vanessa Lachey have sold their Hawaiian home for $9.45 million. The "Love is Blind" co-hosts bought the 7,000-square-foot Honolulu spread in the high-end Kahala neighborhood for roughly $8.8 million in 2022. The house embraces indoor-outdoor living with slide-away doors, a backyard with a covered living and dining areas, a fire pit and a swimming pool with three mini waterfalls. Architectural Digest |
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Portuguese Property Values Hit a Record High | Property values in Portugal, as calculated by banks when granting loans for home purchases, hit a record of €1,638 (US$1,829) per square meter in July, the highest level recorded since the National Statistics Institute began compiling the data in 2011. By type of housing, the average bank valuation of apartments reached €1,818 per square meter last month and houses were up to €1,281 per square meter. The Portugal News |
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Property Prices in Germany Set to Stabilize | Underpinned by interest rate cuts, German home prices are expected to stabilize in the coming months and rise 2% in 2025, according to analysts polled by Reuters. Since Covid, Germany's property market has faced its worst correction in decades as the European Central Bank swiftly raised interest rates. Home prices dropped 7.2% last year and have declined nearly 14% from a peak in the second quarter of 2022 after surging nearly 25% during the pandemic. Reuters |
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Singapore's Property Market Considered 'Highly Transparent' | Singapore has ranked as one of the most transparent real estate markets in the world, according to real estate company JLL. For the first time, the city-state has been categorized as "Highly Transparent," in the report, which is released every two years and assesses market transparency in 89 countries and territories and 151 cities worldwide. The U.K. ranked top of the index. EdgeProp |
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Where Billionaires Continue to Buy Homes—Despite Climate Disasters, High Mortgage Rates, and Other Real-World Problems [Realtor.com] |
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Melbourne Experiences Positive Net Migration Amid State's Housing Challenges [news.com.au] |
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