Mansion Global's daily round-up of the latest luxury real estate news from around the world
Mansion Global Daily Special
 Mansion Global Daily will not be distributed on Friday, July 4, due to the Fourth of July holiday in the U.S. It will return on Monday, July 7. | |
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 | | The five-bedroom home, lauded for its "osmosis with nature" and "harmony of materials," is listed for €3.85 million. Read More |
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BY THE NUMBERS |  |
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| MEMBER MESSAGE: Marketwatch Picks |  | 'He Drained Everything.' My Husband Left and Took the 401(k)After 33 years of marriage, her husband walked away, taking all of their investments with him. Now she wants to know how to move forward. What should she do? Who can help? Learn More |
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TRENDING TODAY |  |
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Special Report |  | | Drawn by trees, excellent schools and an abundance of amenities, affluent families are migrating to the Woodlands. Read More |
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Listing of the day |  | | The 54-acre estate, which has Broadway ties, also includes a pool and pond, an outdoor kitchen, a wine room, six fireplaces and 2 miles of groomed trails. Read More |
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Rebuilds & Renos |  | | The Arensberg Estate was famous in the 1920s and beyond for its collection of works featuring the likes of Picasso and Dali. Read More |
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Interest Rate Cut in the U.S. Unlikely This Month After Strong Jobs Report | The odds of an interest rate cut by the U.S. Federal Reserve later this month fell dramatically on Thursday due to strong growth in the labor market, diminishing the case for lower rates. The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported. Realtor.com |
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Dubai Records a Stellar First Half of the Year for Real Estate Deals | Dubai's real estate market has recorded a strong first half of the year, with AED 260 billion (US$70.8 billion) worth of sales transactions. This marked a 35% jump in total transaction value compared to the same period a year ago. The standout performer has been the secondary market, which significantly outpaced the off-plan segment across key indicators. Middle East Economy |
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Demand for Cape Cod's Luxury Housing Is Booming | The luxury housing market in Cape Cod, Massachusetts, continues to boom, defying sluggish home sales across the U.S., according to data from the Cape Cod and Islands Association of Realtors. Home sales above $2 million in the area hit 99 in the first five months of this year, a 35% jump compared to the same period last year. Rather than put buyers off, financial market volatility has driven more wealthy people to invest in real estate, according to local experts. Boston Globe |
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Nicosia Drives Rebound in High-End Sales in Cyprus | Luxury home sales across Cyprus rebounded in May, rising to €75.7 million (US$88.9 million) in sales, according to analytics firm Ask Wire. Nicosia led the country in high-value sales and claimed the top deal of the month: a €12.5 million transaction in Engomi, a suburb of the capital city. Limassol also logged many of the country's top 10 sales last month. Cyprus Mail |
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New SALT Cap Could Cure Property Tax Pain in High-Tax States [Realtor.com] |
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