Mansion Global's daily round-up of the latest luxury real estate news from around the world
Mansion Global Daily
 | | Set on 41 acres just 30 minutes from Manhattan, the Georgian Revival mansion spans 14,680 square feet. Read More |
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| MESSAGE FROM: MANSION GLOBAL |  | Sicilian SplendorStep back in time and experience the best of Italy's Palermo with expert art historian and horticulturist Amy Kupec Larue. A partnership between Mansion Global and Indagare, this journey takes you through the city's history—and the region's delicious cuisine—in the company of like-minded travelers. Learn More |
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Listing of the day |  | | The 17th-century English country house, asking £10 million, has an indoor pool, game and cinema rooms, and a tennis court. Read More |
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Rebuilds & Renos |  | | A pair of designers took on an ambitious renovation of a 19th-century home in Crown Heights and added Zen amenities. Read More |
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Lack of Urgency Keeps Canadian Buyers on the Fence | Despite falling interest rates, many would-be home buyers in Canada have decided to stay on the sidelines until 2027. Only 13% of Canadian adults are saving for their first home purchase within the next two years, according to a report from Royal LePage. About 51% of first-time buyers said they are researching neighborhoods, while 49% were actively browsing online listings, but only 19% were viewing homes in person or had engaged with a real estate agent, the data showed. BNN Bloomberg |
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Australian Lender Retracts Prediction for November Rate Cut | One of Australia's biggest lenders, NAB, has revised its cash rate forecast and is now predicting the first rate cut won't happen until May. Previously, NAB had anticipated two cuts to borrowing rates, with the first slated for November, followed by another in February next year. However, the country's other three big four banks are still predicting a November rate cut and the bank said the move is "by no means guaranteed and will be highly dependent on the data flow from here." realestate.com.au |
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Seoul Apartment Prices Continue to Rise Despite Tightened Borrowing | The price of an apartment in Seoul rose 0.19% in the week ending Monday, after gaining 0.12% the previous week, according to the Korea Real Estate Board. That marks the 34th consecutive week of increasing prices, despite the government steps to tighten borrowing. The price bumps indicate resilient demand despite new restrictions on mortgages, which officials put in place meant to cool prices. The Business Times |
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Emaar Announces New Luxury Development in Dubai | Dubai Mansions is set to bring a collection of ultra-high-end residences to the gated community of Dubai Hills Estate, according to Emaar, the developer behind some of the city's most prominent destinations. The design-forward homes will range from 10,000 to 20,000 square feet and will be close to Dubai Hills Estate's amenities, including a golf course, healthcare, schools and Dubai Hills Mall. Gulf Business |
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When You Inherit a Home, Do You Also Inherit the Property Tax? [Realtor.com] |
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