Market Shift: U.S. home-sale prices slipped for the first time in more than three years as mortgage rates above 7% squeezed demand, while rents rose for the first time in three years. Australia’s housing downturn deepened too, with prices falling for a seventh straight month and Sydney leading the declines. Affordability: Typical households can no longer afford a median-priced home in any U.S. state, while Ohio remains relatively affordable by comparison. In Greece, holiday-home buyers are increasingly choosing off-plan properties, and nearly one-third of Elxis clients from Western and Central Europe plan to make their homes permanent residences. Costs and Supply: Estimated construction values for approved Australian apartments jumped 26.5% in a year to $738,000, compared with 4.5% growth for houses; the figures reflect builders’ estimates, not sale prices. Property Deals: Russia’s state postal operator is auctioning a historic 19-building Moscow complex as it struggles with mounting losses, highlighting pressure to sell real estate assets. Market Counterpoints: Shanghai’s pre-owned home sales reached a five-year October high, while Des Moines reported more listings and sales, with its median price up 1.6% year over year.