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Space cleaning experts infuse interior design with spirituality

The process often begins with things like burning sage or other scents and ends with a wellness-focused overhaul. Read more

BY THE NUMBERS


TREND TODAY


GLOBAL MANSION ON YOUTUBE


Get into Las Vegas’ most expensive list with Mansion Global’s new YouTube channel

The first in our series showcasing records, jaw-dropping gear and more. Read more

LIST OF THE DAY


A duplex penthouse in New York with a celebrity history

Mary Martin, star of many Rodgers and Hammerstein musicals, once owned the unit in the pre-war building. Read more

INSIDERS


Buyers have flocked to Florida for a new lifestyle amid pandemic, brokerage owner says

Year round outdoor living and large properties support health conscious Floridians. Read more

NEW BITES

Apartment in Noose, Queensland sells for AU $ 16.1million, setting record price

A three-level apartment in Noosa Heads, a coastal town of Noosa on the Sunshine Coast of Queensland, Australia, sold for 16.1 million Australian dollars (11.93 million US dollars) at auction and established a record unit price, according to Tom Offermann of Tom Offermann Immobilier. The apartment, which was the subject of an initial Australian $ 12 million offering, has 4,435 square feet of living space with four bedrooms, floor to ceiling windows and stunning views of the beach. Domain

Chinese central bank reassures Evergrande ripple effect “controllable”

The central bank of China has for the first time reassured the market that the potential spillover effects of the collapse of Evergrande are controllable, attributing the crisis of the real estate giant to its “mismanagement”. The governor of the People’s Bank of China, Yi Gang, said Sunday at a virtual meeting of the Group of 30 that the authorities “can contain the risk of Evergrande” even if the developer “expresses a little concern”. Zou Lan, head of the central bank’s financial department, also said on Friday that “Evergrande’s financial liabilities are less than a third [of its total business]… Overall, the risk of financial sector spillovers is controllable. ”Bloomberg

US homebuilders feel more optimistic about the market

U.S. home builders are more confident in the single-family home construction market despite lingering supply chain issues, according to the latest housing market index from the National Association of Home Builders / Wells Fargo. The index rose 4 points to 80 in October, still down from 85 last year. A reading above 50 is considered positive. “While home demand and sales remain strong, builders continue to face ongoing supply chain disruptions and labor shortages that delay completion times and put pressure on the market. rising prices for building materials and housing, ”said association president Chuck Fowke. CNBC

California Expected to See 5.2% Drop in Single-Family Home Sales Next Year

Sales of existing single-family homes in California are expected to fall 5.2% next year to 416,800 units, according to the California Association of Realtors. This year, the number of single-family residential home sales is expected to increase 6.8% from 2020 to 439,800 units. However, supply constraints will continue to push prices up, with the median home price expected to rise 5.2% next year to $ 834,400. Sierra Sun Times

AROUND NEWS CORP

Homebuyer demand is pushing up house prices in all regions [The Times of London]

Does my real estate agent get paid if I don’t buy a house? [realtor.com]

Chinese growth affected by energy and real estate issues [Barron’s]

Zillow says he can no longer buy houses this year [The Wall Street Journal]

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