Housing affordability & pricing power: Toronto’s market tightened in May as sales rose for a third straight month while prices kept sliding; the GTA saw 6,583 home sales (+6.3% y/y) and a benchmark price down 6.7%, with buyers still holding “substantial negotiating power.” Cooling market, bigger discounts: In Atlanta’s Intown neighborhoods, agents say detached inventory is down sharply (seller-leaning) while condos are more buyer-friendly, and asking prices are falling as buyers win larger concessions. Rent protection lapses: Los Angeles County’s wildfire-era rent cap expired after a failed extension vote, raising concerns about potential rent hikes for displaced renters. Affordable housing push: Charleston County is subsidizing a hotel-to-apartments conversion with $1.6M to help keep rents low for decades. Property costs hit development: Auckland’s Watercare plans to consult on new prices while rolling out a 20% infrastructure charge hike for property developers. China property fallout: China’s management-fee collections are collapsing as homeowners stop paying, squeezing property service providers and worsening the broader real estate slump. Commercial real estate stress: Blackstone is selling Seattle’s US Bank Center for about $280M—roughly half its 2019 price—signaling continued office weakness. Local redevelopment & listings: Dover’s Salmon Falls Stoneware site is set to become 22 apartments, while more for-sale signs in Atlanta point to a market shift toward buyers.