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U.S. Home Sellers Are Cutting Prices at a Record Level

Mansion Global’s daily round-up of the latest luxury real estate news from around the world ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
Mansion Global Daily

U.S. Home Sellers Are Cutting Prices at a Record Level

More than a third of properties got reduced in February, the highest on record for the month. Read More

BY THE NUMBERS
By The Numbers
CONTENT FROM: ROSEWOOD NAPLES

Beachfront Life, Perfected by Rosewood

In Naples, natural beauty meets exquisite design. Each residence offers unobstructed Gulf views, expansive interiors, and refined finishes that elevate everyday living. Thoughtful amenities and personalized service create a private residential retreat where the sun, sea, and horizon become part of your home.

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TRENDING TODAY
Listing of the day
This Penthouse on the Jersey Shore Has Unobstructed Views of New York City and the Ocean

The home is in a high-end condo tower with direct beach access, a pool and tennis courts. Read More

Rebuilds & Renos
A New Vibe Created a Bidding War for This Hollywood Home. See the Before and After.

The house, owned by a showbiz couple, was listed for months with no buyers to be found. But staging and a refresh got a deal done fast. Read More

News Bites
Americans’ Property Tax Bills Rose in 2025

Property taxes rose across the board in the U.S. last year. Nationwide, the effective tax rate for single-family homes was 0.9%, up from 0.86% in 2024 and the highest since 2020, when the national effective tax rate was 1.1%, according to data analytics firm ATTOM. Realtor.com

Home Construction Is Booming in Southeast Texas

Many new homes are being built across Southeast Texas, as residential construction becomes one of the region’s fastest-growing industries, according to recent labor market data. The growth is fueled by new industrial plants bringing jobs and new buyers to the area, local developers and realtors say. 12 News Now

U.S. Home Buyers Are Increasingly Active in Spain

Property purchases by U.S. citizens in Spain rose 3% last year, with demand underpinned by concerns over ‌President Donald Trump’s policies, according to local real estate agents. U.S. buyers were particularly active at the top end of the housing market. U.K. buyers were the largest group of foreign ⁠buyers in Spain, but their purchases have declined 16% over the past six years. Reuters

Hungary Leads Europe in Home Price Growth With 23.7% Surge in 2025

In Europe, 18 out of 19 of the biggest countries saw home prices increase in 2025, led by Hungary with a 23.7% spike in prices and then Portugal, according to Eurostat data. Finland was the exception, with prices down by 1.2% at the end of 2025. It was also one of five countries where housing prices peaked in 2022, along with Germany, Austria, Sweden and France. Wolf Street

Around News Corp

A Rare I.M. Pei-Designed Home in Texas Hits the Market for $22 Million [The Wall Street Journal]

The Birthplace of Basketball Makes a Comeback as America’s Hottest Market [Realtor.com]

From Crypto to Boat Passes, Builders Push Incentives as Market Slows [The Times of London]

Homeowners Band Together for A$140 Million-Plus Windfall [news.com.au]

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