Home News Mansion Global Daily: It’s Never Too Early to Start Thinking About Your Next Ski Home, Indian Luxury Home Sales Surge as Pandemic Concerns Recede, and More

Mansion Global Daily: It’s Never Too Early to Start Thinking About Your Next Ski Home, Indian Luxury Home Sales Surge as Pandemic Concerns Recede, and More

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It’s never too early for investors and second home buyers to consider a ski vacation

Surrounded by mountains and slopes, US vacations will continue to see waves of new residents this winter. read more

see in numbers


today’s trends


today’s list


A contemporary black and white space on a private island on scenic Lake Minnesota

Reminiscent of Bruce Wayne, the stylish home boasts a basement garage, spectacular entertaining spaces, and gold-gloss finishes galore. read more

insider


Los Angeles designer says ever-evolving fashion aesthetics have a constant impact on interiors

Jaqui Seerman makes a bold statement in the stylish spaces she creates. read more

news byte

China cuts mortgage rates to boost property market

China’s central bank cut mortgage rates to avert a crisis in the housing market. The People’s Bank of China (PBOC) cut the prime rate (LPR) on 5-year loans by 1.5 points to 4.2%. China’s property market has been sluggish this year, with home sales declining for the 11th straight month and concerns about developer debt halting some projects.Iris, Greater China chief economist at ING Bank The central bank’s move “should alleviate existing mortgage borrowers’ concerns,” Pang wrote in a note Monday. BBC

India’s luxury home sales soar as pandemic concerns recede

India’s luxury home sales surged in the first half of 2022 as pandemic concerns receded, data from market analyst Anarock Property Consultants showed. About 25,680 luxury units have changed owners, compared to 17,740 in the On an annual basis, luxury home sales he increased 18.3%. “Developer discounts have made luxury properties very attractive to these buyers and his NRI. [non-resident Indians] We are also buying luxury homes in India because of the favorable exchange rate,” said Anuj Puri, chairman of the Anarok Group. business today

Regional price growth is split across Australian property markets

According to The Domain’s latest data, the Australian property market shows significant regional variation, largely due to affordability. In New South Wales, the median house price in the coastal town of Coffs Harbor fell 10.8% from the previous quarter, while the median house price in the town of Tumut rose 15.6% over the same period. Similarly, in Victoria, Melbourne’s Hobson Bay median price fell 8.2% in the last quarter, while in Gippsland he rose 14%. Nicola Powell, head of research and economics at The Domain, said: “Many of the regions with the biggest growth are starting to see the biggest price declines. There is a possibility that more localized situations are mixed, such as being circulated in the . domain

Historic Lake George, New York Mansion Hits Market For $23.5 Million

A historic waterfront mansion in Lake George, New York is on the market for $23.5 million. Tudor Revival House sits on over 31 acres overlooking mountainous landscapes and the waters of Lake George. It has 12,000 square feet of living space with 8 bedrooms and 8 bathrooms. The Premier Properties Lake George listing, according to his agent James Casaccio, will allow 4 units per acre to be built on site, making it an ideal location for developers/investors. Times Union

About NEWS CORP

Donald Trump’s former Connecticut estate relists at deep discount [The Wall Street Journal]

Is the worst over? 4 (Most likely) The bright new reality of buying a home today [Realtor.com]

Home prices: Is this a market slowdown or a seasonal downturn? [The Times of London]

‘Confidence is key’ auction bidders heat up competition ahead of spring sale [news.com.au]

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