Luxury Real Estate Headlines: Last Week in July 2016

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

$8,950,000 | Oakley, Utah | Summit Sotheby’s International RealtyAnchoring a secluded 114-acre ranch 20 miles outside of Park City, Utah, this rustic 2004 dwelling by architects Mark Rios and Kurt Dubbe takes its cues from the traditional farmhouses of the American West.

This $9 Million Ranch Marries Rustic Design and Luxury Amenities – Architectural Digest

The Sotheby’s International Realty® brand releases Significant Sales Volume I | Issue II – Sotheby’s International Realty

A Connecticut Estate With a Sunken Garden and Secret Hideaway – The Wall Street Journal

Inside the most expensive homes for sale in the D.C. area – The Washington Post

Hong Kong developers seek to tempt ‘wait-and-see’ buyers – The Financial Times

Home of the Day: History and hospitality on Grand Avenue in Pasadena – The Los Angeles Times

A Family in Italy Decides to Part With Its Castle – The New York Times

America’s Most Expensive Homes For Sale Right Now – Forbes

Pending Home Sales Marginally Rise in June – National Association of Realtors

Chinese firm buys big stake in auction house Sotheby’s – CNN Money

Sotheby’s To Auction The Steven And Ann Ames Collection – ArtNews