Home News Mansion Global Daily: Miami’s High End Home Market, Health Is Wealth and more

Mansion Global Daily: Miami’s High End Home Market, Health Is Wealth and more

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In Miami’s luxury home market, fast car makers are also designing condos

Brands such as Bentley and Aston Martin are partnering with developers to build luxurious, amenity-filled residential towers. read more

see in numbers


today’s trends


today’s list


Fully Restored Home in the Heart of Landmark District in Savannah, Georgia

The home features a central atrium, nine fireplaces, and a rooftop terrace with sweeping city views. read more

insider


“Health is the new wealth”

Four Seasons Hotels and Resorts President Paul White discusses the changing definition of luxury and how wellness has become a buyer’s top priority. read more

news byte

Private island in west Scotland is for sale

A private island off the coast of Arran in western Scotland is on the market for just £350,000 (US$429,000). This is the price of an average 4 bedroom house in Edinburgh. The uninhabited island known as Prada spans over 33 acres and is 0.43 miles long. Attached is a historic lighthouse with keeper’s accommodation including 2 drawing rooms, 5 bedrooms and 1 bathroom. There are other outbuildings on the island that “could be developed,” said Tom Stewart Moore, a list agent for Knight Frank. daily record

China new home sales plummeted by almost a third in July

New home sales in China fell 33% in July from June, according to the latest data from China Index Academy, China’s largest independent property research institute. Of the 17 cities surveyed, Guangzhou had the largest drop at 48%. Meanwhile, new home prices in 100 cities also fell by 0.01% month-on-month. The cooldown is the result of weakening homebuyer sentiment and a debt crisis for big developers, as well as newly introduced stricter mortgage rules. asian finance

Las Vegas luxury sales surge in first half of 2022

The luxury segment bucks a general slowdown across the Las Vegas new home market. In the first half of 2022, his number of sales above $1 million was 235, up 16% year-on-year, according to data from Las Vegas-based Homebuilders Research. The strong performance in luxury homes is due to continued demand for luxury homes, especially from buyers moving out of California, according to a housing market research firm. By comparison, sales in the first half of 2019 were 123 units, half of this year’s levels and in the $1 million+ range. Las Vegas Review Journal

Songwriter Ryan Tedder lists $16.5 million Beverly Hills mansion

Songwriter and record producer Ryan Tedder has listed his 1960s house in Beverly Hills, Los Angeles for $16.5 million. Tedder and his wife, Genevieve, who wrote pop songs like Beyoncé’s “Halo,” Leona Lewis’ “Bleeding Love,” and Adele’s “Rumor Has It,” paid about $11.5 million for the property in 2015. rice field. The Story home has a combined living room, dining/family area, six bedrooms, and five full bathrooms spanning 5,000 square feet of interior space. mud

About NEWS CORP

Bank of England braces for historic rise in interest rates [The Times of London]

‘Zombie House’ could save Australia’s rental crisis [news.com.au]

This economist just bought and sold a house. What he said about the housing market. [Barron’s]

Five factors are driving up the cost of building homes, all of which are putting pressure on builders. [MarketWatch]

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