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The Top Celebrity Real Estate Deals of 2022

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The real estate market this year might not have been the unstoppable force it was last year—with rising interest rates and roiled stock markets—but that didn’t stop big name A-listers from reshuffling their property portfolios.

From La La Land to the West Village and from Oprah to Sylvester Stallone, here are some of the biggest and best celebrity real estate moves Mansion Global covered this year.


Sylvester Stallone kicked off 2022 with the sale of his memorabilia-laden Los Angeles compound, which was reportedly snapped up by British superstar Adele.

The 21,000-square-foot Mediterranean-style spread, which had been listed for a whopping $110 million, sold for a heavily discounted $58 million.

Tucked away behind gates and at the end of a cul-de-sac, the secluded estate is centered around a six-bedroom main house, which boasts a two-story foyer, a screening room, a gym, a cigar room, panoramic city and canyon views from every room.


Rapper, actor and Toronto’s favorite son, Drake, snapped up a Los Angeles megamansion belonging to British musician Robbie Williams this spring.

The nearly 20-acre Beverly Hills estate was being quietly shopped around off market with an $85 million asking price.

Though details on the home are scarce, given the discreet nature of the deal, previously listing details paint a picture of a vast 25,000-square-foot main house situated at the end of a long, private driveway with pillars and balconies surrounded by lush grounds, a pool, a tennis court and a guest house.


Less than two months after putting it on the market, Maroon 5 frontman Adam Levine and his wife, model Behati Prinsloo, sold their Los Angeles compound for $51 million.

The 3-acre estate, in posh Pacific Palisades, has a 9,000-square-foot main house, plus a guest cottage and an office and wellness building.

There’s also a theater and game room and a primary bedroom suite with a private patio, two walk-in closets and a stone-clad bathroom with a double steam shower and a dressing area. Outside, the landscaped grounds include expansive lawns and gardens, a basketball court, a pool and spa and an outdoor kitchen, plus walking paths and a chicken coop.


In a celebrity double feature, actor Richard Gere snapped up the New Canaan, Connecticut, estate of music power couple Paul Simon and Edie Brickell for $10.8 million in early July.

The sprawling English country-style estate consists of two homes with a total of six bedrooms. The 1938 main residence designed by architect Harold R. Sleeper features high ceilings, large windows, fireplaces and hand-crafted millwork.

Mr. Simon and Ms. Brickell took a loss on the 31.8-acre property, which they bought for $16.5 million in 2002.


Though it might not be the biggest price tag of the homes on this list, these might just be the biggest names.

Oprah Winfrey sold her home in California’s coveted coastal enclave of Montecito, to Jennifer Aniston for $14.75 million in an off-market deal. Past listing information paints a picture of a Tuscan-style farmhouse built in the late 1990s with four bedrooms, 4,320 square feet of living space and sitting on roughly an acre of grounds.

Ms. Winfrey hadn’t owned the property long before trading it in. She paid $10.48 million for the spread in January 2021.


Russell Westbrook, point guard for the Los Angeles Lakers, dropped $37 million on a lavish new home in the city’s Brentwood neighborhood, directly across the street from his teammate LeBron James.

He quietly bought the property in an off-market deal from Formula 1 racing heiress Petra Ecclestone.

When Ms. Ecclestone bought the home in 2019 for $22.7 million, Mansion Global wrote that the eight-bedroom, 11-bathroom pad sat on a half-acre lot with canyon views and has a home theater, a wine cellar and a spa. Outside there is a four-car garage and a private pool.


A-list DJ Calvin Harris gave his Beverly Hills compound another spin on the sales market, putting the lavish home back up for grabs for $25 million.

There are five separate structures that make up the property—including the main house, a two-story guest house and a fully-equipped gym—which collectively span more than 16,000 square feet.

The Scottish hitmaker left his mark all over the home, having transformed the guest house into two state-of-the-art recording studios.


After more than a decade, actor Hugh Jackman listed his longtime New York City apartment for $38.9 million.

Located in a boutique condo building in the West Village, the 11,000-square-foot home occupies the eighth, ninth and 10th floors of the building, and is the only individual apartment to have also been designed by the building’s architect, Richard Meier.

The apartment has wall-to-wall and floor-to-ceiling windows overlooking the Hudson River, with views maximized by an enormous double-height great room, per listing photos.


Music mogul Dr. Dre decided he was ready to bid adieu to Malibu after listing his longtime home in the affluent coastal California enclave for $20 million.

The three-story oceanfront spread has been a part of the hip-hop mega-producer’s property portfolio for 22 years.

Across its more than 8,800 square feet of living space, the glass-covered house is flooded with light, and, like any beach house worth its multimillion dollar price tag, has far reaching views across the ocean.


Earlier this month, Mark Wahlberg slashed the price of his more than 30,000-square-foot Beverly Hills, California, megamansion to $79.5 million, an $8 million discount from the $87.5 million he originally asked.

The 12-bedroom and 20-bathroom home has a double-height foyer, formal living and dining rooms, an eat-in kitchen with two islands, a wood-paneled library, a home theater, a wet bar, a wine cellar and a tasting room.

There’s plenty of sports-related amenities, too, including a professional-style gym, a five-hole golf course, a court for basketball or tennis, a grotto pool and a skate park.

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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

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TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.

The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.

“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.

“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”

The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.

New listings last month totalled 15,328, up 4.3 per cent from a year earlier.

In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.

The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.

“I thought they’d be up for sure, but not necessarily that much,” said Forbes.

“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”

He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.

“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.

“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”

All property types saw more sales in October compared with a year ago throughout the GTA.

Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.

“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.

“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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Homelessness: Tiny home village to open next week in Halifax suburb

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HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.

Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.

Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.

The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.

Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.

They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.

The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.

This report by The Canadian Press was first published Oct. 24, 2024.

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Here are some facts about British Columbia’s housing market

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Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

This report by The Canadian Press was first published Oct. 17, 2024.

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