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Europe’s biggest office sale in four years boosts London’s Canary Wharf
Barclays said the deal will give it long-term certainty over costs
US construction spending inches up in May, but homebuilding weak
Construction spending rose 0.1% after a downwardly revised 0.3% increase in April
Sydney housing slump drags Australia prices down most since 2022
National home value index slips 0.4% from prior month, finds consultancy Cotality
Weaker jobs outlook dims HDB resale market as prices, volume slip further in Q2
Price declines spread across more HDB towns, although million-dollar resale flat deals continue to climb
Private home prices inch up 0.5% while HDB resale prices slip further by 0.3% in Q2: flash data
Landed homes and Core Central Region lead index with about 2% jump in prime market, as prices fall across other regions
Australia home prices suffer steepest fall in 3½ years as rates burst bubble
Sydney and Melbourne lead the monthly decline with drops of 1.2% and 1%, respectively
US single-family home prices ease on a monthly basis in April
An outright decline in house prices is unlikely
Singapore office rents climb higher in Q2 as limited CBD supply keeps market tight
Rents at CBD Grade A buildings have risen for six straight quarters
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