Luxury Real Estate Headlines: Second Week in December 2013

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

luxury homes for sale montreal4 400 000 $ CAD | Montreal, Canada | Quebec Sotheby’s International Realty

International buyers have thrust Montreal, a city sometimes overshadowed by Toronto and Vancouver, into the national spotlight. Montreal, known for its crumbling water pipes and bridges as much as its cobblestone streets, now stands out for drawing the biggest share of foreign owners. They purchased 49 percent of the 206 homes worth at least C$1 million in the first half of 2013, according to a Sotheby’s International Realty Canada report and survey of brokers.

Wealthy Global Buyers Favoring Montreal Spur 17% GainsBloomberg

Chinese investors snatch up U.S. housesHousingWire

Toll Earnings Beat Estimates as Luxury-Home Prices ClimbBloomberg

Sellers no longer sitting prettyHousingWire

Correcting three myths about the [U.S.] housing marketReuters

China November Home Sales Rise to 2-Year High, Defying CurbsBloomberg

Asian Home Buyers Snap Up Real Estate Worldwide – Sotheby’s International Realty

California Dreaming in Taiwan | House of the DayThe Wall Street Journal

‘Voice’ host Carson Daly buying Manhasset [New York] houseNewsday

Hot Property: $1.5M Carmel [Indiana] home has 10-acres of privacyIndyStar

Springsteen’s ‘Born to Run’ Draft Sells for $197,000The Hollywood Reporter

Norman Rockwell’s ‘Saying Grace’ tops recordThe Independent 

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