Tag Archive for housing bust

There’s No Plateau in a Housing Bubble, Not Even in Canada

by Wolf Richter • Oct 13, 2016 • 62 Comments

Vancouver in turmoil, Toronto spikes.

Owners at “Leaning Tower of San Francisco” Knock Condo Values to Zero

by Wolf Richter • Oct 4, 2016 • 68 Comments

“Values could climb in subsequent years if the building is repairable.”

Last Time this Happened in the Housing Market

by Wolf Richter • May 29, 2016 • 60 Comments

The most expensive home listed for sale globally is in Bel Air, a neighborhood in Los Angeles. Its main house is a 74,000-square-foot monstrosity. Among the special attributes: a 30-car garage. The compound, being erected by speculative builder Nile Niami, has an asking price of $500 million. Seven of the world’s 10 most expensive listings…

Silicon Valley Housing Market Hit as Chinese Money “Dried up”

by Wolf Richter • May 18, 2016 • 30 Comments

“It doesn’t mean the market is going to crash tomorrow.”

Manhattan Luxury Condo Sales & Prices Fall

by Wolf Richter • May 8, 2016 • 25 Comments

In Lower Manhattan, 31 towers with over 5,000 apartments are sprouting up. They’re not exactly in the “affordable” category. The median price for condos – half sell for more, half sell for less – has soared 77% since 2013, to $2.43 million, while the median price in the overall Manhattan condo market has shot up…