{"id":106767,"date":"2019-05-01T23:04:00","date_gmt":"2019-05-01T16:04:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-sales-see-biggest-slump-in-nearly-a-decade\/"},"modified":"2019-05-01T23:14:29","modified_gmt":"2019-05-01T16:14:29","slug":"luxury-home-sales-see-biggest-slump-in-nearly-a-decade","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-sales-see-biggest-slump-in-nearly-a-decade\/","title":{"rendered":"Luxury home sales see biggest slump in nearly a decade"},"content":{"rendered":"


\nThe nation’s priciest properties are in far less demand this year, and that is taking a toll on their values. Sales of homes listed at $2 million and above fell 16% in the first quarter, according to Redfin.
\n
\nSource : cnbc.com
\nRead more…Luxury home sales see biggest slump in nearly a decade<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The nation’s priciest properties are in far less demand this year, and that is taking...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106767","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rM3","jetpack-related-posts":[{"id":118805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cartier-closes-boutique-at-1881-heritage-as-it-consolidates-retail-network-in-tsim-sha-tsui-amid-hong-kongs-luxury-sales-slump\/","url_meta":{"origin":106767,"position":0},"title":"Cartier closes boutique at 1881 Heritage as it consolidates retail network in Tsim Sha Tsui amid Hong Kong\u2019s luxury sales slump","date":"October 3, 2020","format":false,"excerpt":"\r Cartier, the French luxury jeweller and watch maker, said it\u2019s closing one of seven boutiques in Hong Kong to consolidate its sales network, reflecting the predicament of the city\u2019s luxury retail industry amid a bruising recession and a collapse in tourist arrivals.The jeweller closed its boutique at CK Asset\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115865,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-shun-developers-sales-overtures-as-economic-slump-deters-families-from-capital-commitments\/","url_meta":{"origin":106767,"position":1},"title":"Hong Kong home buyers shun developers\u2019 sales overtures as economic slump deters families from capital commitments","date":"April 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s weekend home sales flopped for the fourth time in six weeks, in another sign that the residential property industry\u2019s worst slump in a decade has some ways to go before recovering.CK Asset Holdings sold 11 of the 170 Seaside Sonata flats on offer in Sham Shui Po\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25547,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-vancouver-homes-slump-along-with-those-in-pricy-areas\/","url_meta":{"origin":106767,"position":2},"title":"Luxury Vancouver homes slump along with those in pricy areas","date":"September 9, 2016","format":false,"excerpt":"\r Metro Vancouver is enduring a slump in sales for single-family homes, particularly those that are more deluxe or in pricier parts of the region.\r \r Source : South China Morning Post\r Read more...Luxury Vancouver homes slump along with those in pricy areas","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":106767,"position":3},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-home-sales-surge\/","url_meta":{"origin":106767,"position":4},"title":"Luxury home sales surge","date":"August 4, 2017","format":false,"excerpt":"\r CNBC's Diana Olick reports on the end of the slump in luxury home sales, the emergence of the flat fee brokerage and retail REITs getting slammed since brick and mortar stores have been slowing.\r \r Source : cnbc.com\r Read more...Luxury home sales surge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump\/","url_meta":{"origin":106767,"position":5},"title":"Wharf firms up balance sheet as Hong Kong home sales cushion profit slump","date":"August 11, 2026","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong\u2019s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook. Revenue from Wharf\u2019s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106767"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106767"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106767\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}