U.S. Luxury Real Estate CUT Price by $1 Billion! Is This A WARNING Sign?

Are the price cuts in the high end luxury real estate market a WARNING sign to the rest of real estate?

There are big changes happening in real estate today. We can see it happening all over the world, for better or worse. People are under the assumption that the way it’s been going for the past few years is the way it will go for the next few years may be in for a rude awakening.

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500 million home – Google Search

www.google.ca/search?q=500+million+home&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjhwMnEzprdAhXG54MKHaI0DfUQ_AUICigB&biw=2560&bih=1366#imgrc=VoQfLe5gnws5wM:

The $1 billion price cut: Luxury real estate gets slashed

www.cnbc.com/2018/08/31/the-1-billion-price-cut-luxury-real-estate-gets-slashed.html

More ‘miserable’ Toronto, Vancouver residents mull leaving cities: Study – BNN Bloomberg

www.bnnbloomberg.ca/more-miserable-toronto-vancouver-residents-mull-leaving-cities-study-1.1129102