“For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of Juwei.com
New York, San Francisco condo prices fall year-over-year. Seattle flat year-over-year. After earlier declines, Denver, Boston hit new highs. Miami, Phoenix, Las Vegas try to regain nutty peaks of Housing Bubble 1.
New York condos, San Francisco, SoCal, Seattle year-over-year gains shrink to near zero. Las Vegas flat for 6th month. Miami & Phoenix at post-Housing Bust highs.