The WPJ

Los Angeles

Global Super-Prime Home Sales Surge in Mid-2025

Global sales of super-prime homes--properties valued at $10 million and above--continued their upward momentum in the second quarter of 2025, according to international property consultancy Knight Frank.

UBS Flags Miami, Tokyo, Zurich as World's Top Housing Bubble Risk Markets in 2025

Miami tops investment banker UBS's latest Global Real Estate Bubble Index, marking it as the world's riskiest urban housing market. Tokyo and Zurich follow closely, while Los Angeles, Dubai, Amsterdam, and Geneva are also flagged for elevated bubble risk, according to the Swiss bank's annual report.

California Home Sales Enjoy Modest Uptick as Mortgage Rates Ease

California home sales in August 2025 edged higher, supported by stabilizing prices and a modest decline in mortgage rates, according to the California Association of Realtors.

U.S. Home-Flipping Profits Sink to Lowest Level Since 2008 Financial Crisis as Costs Climb

Home flippers in the U.S. are seeing profits evaporate to levels not seen since the financial crisis, as surging acquisition costs squeeze margins even in traditionally hot markets.

Los Angeles Property News












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