Mansion Global Daily: Paris Luxury Growth Predicted, Mortgages Fall in the U.K. and More

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Luxury Home Prices in Paris Predicted to Grow 6% by Year’s End

Robust home sales have values in the City of Lights rising faster than in London, Hong Kong. Read More

BY THE NUMBERS 


TRENDING TODAY 


LISTING OF THE DAY 

A Contemporary Villa With Amazing Views in Tangier

The home was redone by a famed designer in 2001. Read More

DESIGNER’S CORNER 


Designing a Minimalist-Style Home That Feels Warm

Texture, pops of color and proper storage spaces are the way to go. Read More

NEWS BITES 

Home Purchasing Mortgages Fell in U.K.’s Fourth Quarter Britain’s remortgage numbers were up while home purchasing mortgages dropped in the fourth quarter of 2018, according to the Bank of England and the Financial Conduct Authority. The total value of outstanding mortgages in the U.K. is £1.45 trillion (US$1.9 trillion), which is 3.3% higher than the previous year. City A.M.

Reality TV’s Nigel Lythgoe Selling Las Vegas Mansion for $5 Million Reality TV producer Nigel Lythgoe, responsible for shows such as “American Idol” and “So You Think You Can Dance,” has relisted his 7,085-square-foot Las Vegas waterfront mansion for $5 million. He bought the Mediterranean-style, five-bedroom home for $7 million in 2005, listed it in 2008 for $12.5 million and for $3.5 million in 2011. The property, which includes a boat dock and electric boat, overlooks a large man-made lake. Realtor.com

Portugal Market Expected to Pick up in 2019 After Slowdown Portugal’s housing sales remained stagnant in January, but rental properties showed a small improvement after a slow December, according to a report by the Royal Institution of Chartered Surveyors and Confidencial Imobiliário. Lisbon, Porto, and Algarve all expect to see sales growth in the remainder of the year after a weakened 2018. PropertyWire

U.A.E. Boasts Best Return on Investments Despite Property Price Drop Dubai and Abu Dhabi’s rental yields are double that of major rental markets like London, Paris, and New York, keeping U.A.E. demand strong despite the slumping property prices and rentals in the past few years. The U.A.E.’s rental yields have ranged from 6%-7% in the last year, according to Moody’s Investors Service. The Khaleej Times

AROUND NEWS CORP 

Accidental Landlords Urged to Come Forward With Unpaid Tax [The Times of London]

HUD Secretary Counters Criticism That Only Rich Benefit From Public-Private Partnerships [MarketWatch]

Taylor Swift’s Former Rental Finally Finds Buyer—After $13M Price Cut [New York Post]

5 Unwritten Etiquette Rules Home Buyers Might Not Even Realize Are a Big Deal [realtor.com]


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