EconomyTech Job Cuts Are Cooling Seattle’s Luxury-Home Frenzy

Tech-sector job cuts are taking the heat out of Seattle’s luxury-home frenzy. New York City is also short of new condos, while a decades-long housing rally in Australia is losing momentum.

tech layoffsSeattle housingNew York condosAustralia housing

BBloomberg News★★☆☆☆2026-09-02 20:00Original