LA residents to vote on ‘mansion tax’ to tackle housing inequality

'We are witnessing the owner-occupied housing boom finally under pressure globally,' says UBS, which warns of 'significant price corrections' in a majority of the highly-valued global cities in the coming…

The likelihood of a severe real estate slump is lower now than at the time of the Global Financial Crisis, but a significant drop in residential investment is 'plausible' next year, says Oxford Economics.

"Global housing markets have wrongfooted us this quarter," says the Knight Frank research team, as property markets continued to post strong growth.