Relevant:
- London's Luxury House Prices Advance as Overseas Buyers Compete for Haven
- London Luxury-Home Prices Rise at Slower Pace on Bonus Curbs
- As credit tightens at home, Chinese sell Hong Kong luxury real estate
- London Luxury-Home Prices Increase the Most Since March 2008
- Engineering high prices with low monthly payments -- Fullerton California pending home sales. Examples of how low interest rates are pulling in current buyers.
2008-05-19 — bloomberg.com
"California luxury home prices fell for the second consecutive quarter as banks required higher credit scores and down payments, reducing the number of potential buyers in the state's wealthiest communities."
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