World News
U.S. Property Taxes Near $400 Billion in 2025
A slight cooling in U.S. home prices did little to relieve pressure on homeowners in 2025, as property taxes climbed to nearly $400 billion and effective tax rates reached their highest level in five years, underscoring the growing disconnect between market values and local tax burdens.
U.S. Home Sellers Cut Prices at Record Rate as Buyer Leverage Expands
More than one-third of U.S. home sellers reduced their asking prices in February 2026, the highest share for the month in more than a decade, underscoring a housing market increasingly tilted in favor of buyers, according to data from brokerage Redfin.
U.S. Remodeling Sentiment Softens in Early 2026
Confidence among U.S. remodelers eased modestly in the first quarter but remained solidly positive, according to data released by the National Association of Home Builders, reflecting steady demand supported by aging housing stock and constrained existing-home turnover.
Hong Kong Land Crunch Signals 2027 Housing Squeeze
Hong Kong's near-term residential pipeline is approaching a cyclical high, but a sharp pullback in public land releases is setting the stage for a notable supply gap later this decade, according to new analysis from Jones Lang LaSalle.
Manhattan Retail Tightens as Availability Hits Record Low in Early 2026
Manhattan's prime retail corridors tightened further in the first quarter, with availability falling to the lowest level on record even as consumer spending showed signs of strain, according to a new report from JLL.
