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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,692,763 (+1.39%)       Melbourne $1,026,321 (+0.58%)       Brisbane $1,075,782 (+0.61%)       Adelaide $975,673 (+1.16%)       Perth $939,830 (-0.46%)       Hobart $767,281 (+0.12%)       Darwin $772,894 (+3.13%)       Canberra $995,835 (+2.65%)       National $1,102,190 (+1.16%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $769,314 (-0.77%)       Melbourne $497,623 (-0.57%)       Brisbane $664,130 (-0.83%)       Adelaide $500,856 (-1.62%)       Perth $532,200 (-2.10%)       Hobart $533,165 (-0.86%)       Darwin $386,839 (+0.04%)       Canberra $488,214 (-1.44%)       National $568,780 (-1.03%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 12,369 (-353)       Melbourne 14,131 (-529)       Brisbane 8,333 (-99)       Adelaide 2,953 (-60)       Perth 8,005 (-15)       Hobart 1,269 (-21)       Darwin 162 (-13)       Canberra 1,171 (-24)       National 48,393 (-1,114)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,463 (-139)       Melbourne 7,921 (-85)       Brisbane 1,694 (-13)       Adelaide 447 (+1)       Perth 1,655 (-24)       Hobart 243 (+3)       Darwin 300 (+3)       Canberra 1,185 (+2)       National 22,908 (-252)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $590 ($0)       Brisbane $650 ($0)       Adelaide $640 ($0)       Perth $700 ($0)       Hobart $580 (-$5)       Darwin $730 (-$5)       Canberra $700 ($0)       National $681 (-$1)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $750 ($0)       Melbourne $595 (-$5)       Brisbane $650 (+$10)       Adelaide $520 (-$10)       Perth $650 ($0)       Hobart $500 (+$20)       Darwin $615 (+$10)       Canberra $580 (+$10)       National $617 (+$4)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,703 (-93)       Melbourne 7,643 (+47)       Brisbane 3,854 (-40)       Adelaide 1,395 (-7)       Perth 2,236 (+59)       Hobart 208 (-7)       Darwin 77 (-11)       Canberra 502 (-8)       National 21,618 (-60)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 7,805 (-17)       Melbourne 5,420 (+97)       Brisbane 1,844 (-67)       Adelaide 377 (-3)       Perth 743 (+21)       Hobart 88 (+9)       Darwin 110 (+11)       Canberra 562 (+24)       National 16,949 (+75)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.46% (↓)       Melbourne 2.99% (↓)       Brisbane 3.14% (↓)       Adelaide 3.41% (↓)     Perth 3.87% (↑)        Hobart 3.93% (↓)       Darwin 4.91% (↓)       Canberra 3.66% (↓)       National 3.21% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 5.07% (↑)        Melbourne 6.22% (↓)     Brisbane 5.09% (↑)        Adelaide 5.40% (↓)     Perth 6.35% (↑)      Hobart 4.88% (↑)      Darwin 8.27% (↑)      Canberra 6.18% (↑)      National 5.64% (↑)             HOUSE RENTAL VACANCY RATES AND TREND       Sydney 2.0% (↑)      Melbourne 1.9% (↑)      Brisbane 1.4% (↑)      Adelaide 1.3% (↑)      Perth 1.2% (↑)      Hobart 1.0% (↑)      Darwin 1.6% (↑)      Canberra 2.7% (↑)      National 1.7% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 2.4% (↑)      Melbourne 3.8% (↑)      Brisbane 2.0% (↑)      Adelaide 1.1% (↑)      Perth 0.9% (↑)      Hobart 1.4% (↑)      Darwin 2.8% (↑)      Canberra 2.9% (↑)      National 2.2% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 29.4 (↑)      Melbourne 29.0 (↑)      Brisbane 34.0 (↑)      Adelaide 27.7 (↑)      Perth 38.4 (↑)        Hobart 29.4 (↓)       Darwin 25.7 (↓)     Canberra 31.4 (↑)      National 30.6 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 27.6 (↑)      Melbourne 29.4 (↑)      Brisbane 32.7 (↑)      Adelaide 26.2 (↑)      Perth 39.4 (↑)        Hobart 32.2 (↓)       Darwin 36.1 (↓)     Canberra 38.5 (↑)      National 32.8 (↑)            
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The Embarrassment of Having to Explain Your ‘Monster’ Diamond Ring

Couples find that lab-grown diamonds make it cheaper to get engaged or upgrade to a bigger ring. But there are rocky moments.

By ALINA DIZIK
Mon, Dec 11, 2023 8:37amGrey Clock 4 min

Wedding planner Sterling Boulet has some advice for brides-to-be regarding lab-grown diamonds, which cost a fraction of the natural ones.

“If you’re trying to get your man to propose, they’ll propose faster if you offer this as an option,” says Boulet, of Raleigh, N.C. Recently, she adds, a friend’s fiancé “thanked me the next three times I saw him” for telling him about the cheaper lab-made option.

Man-made diamonds are catching on, despite some lingering stigma. This year was the first time that sales of lab-made and natural mined loose diamonds, primarily used as center stones in engagement rings, were split evenly, according to data from Tenoris, a jewellery and diamond trend-analytics company.

The rise of lab-made stones, however, is bringing up quirks alongside the perks. Now that blingier engagement rings—above two or three carats—are more affordable, more people are dealing with the peculiarities of wearing rather large rocks.

An engagement ring made with a lab-grown diamond at Ada Diamonds in New York City. PHOTO: CAM POLLACK/THE WALL STREET JOURNAL

Esther Hare, a 5-foot-11-inch former triathlete, sought out a 4.5-carat lab-made oval-shaped diamond to fit her larger hands as a part of her vow renewal in Hawaii last year. It was a far cry from the half-carat ring her husband proposed with more than 25 years ago and the 1.5-carat upgrade they purchased 10 years ago. Hare, 50, who lives in San Jose, Calif., and works in high tech, chose a $40,000 lab-made diamond because “it’s nuts” to have to spend $100,000 on a natural stone. “It had to be big—that was my vision,” she says.

But the size of the ring has made it less practical at times. She doesn’t wear it for athletic training and swaps in her wedding band instead. And she is careful to leave it at home when traveling. “A lot of times I won’t take it on vacation because it’s just a monster,” she says.

The average retail price for a one-carat lab-made loose diamond decreased to $1,426 this year from $3,039 in 2020, according to the Tenoris data. Similar-sized loose natural diamonds cost $5,426 this year, compared with $4,943 in 2020.

Lab-made diamonds have essentially the same chemical makeup as natural ones, and look the same, unless viewed through sophisticated equipment that gauges the characteristics of emitted light.

At Ritani, an online jewellery retailer, lab-made diamond sales make up about 70% of the diamonds sold, up from roughly 30% two years ago, says Juliet Gomes, head of customer service at the company, based in White Plains, N.Y.

Ritani sometimes records videos of the lab-diamonds pinging when exposed to a “diamond tester,” a tool that judges authenticity, to show customers that the man-made rocks behave the same as natural ones. We definitely have some deep conversations with them,” Gomes says.

Not all gem dealers are rolling with these stones.

Philadelphia jeweller Steven Singer only stocks the natural stuff in his store and is planning a February campaign to give about 1,000 one-carat lab-made diamonds away free to prove they are “worthless.” Anyone can sign up online and get one in the mail; even shipping is free. “I’m not selling Frankensteins that were built in a lab,” Singer says.

Some brides are turned off by the larger bling now allowed by the lower prices.When her now-husband proposed with a two-carat lab-grown engagement ring, Tiffany Buchert, 40, was excited about the prospect of marriage—but not about the size of the diamond, which she says struck her as “costume jewellery-ish.”

“I said yes in the moment, of course, I didn’t want it to be weird,” says the physician assistant from West Chester, Pa.

But within weeks, she says, she fessed up, telling her fiancé: “I think I hate this ring.”

The couple returned it and then bought a one-carat natural diamond for more than double the price.

Couples find that lab-grown diamonds have made it more affordable to get engaged. PHOTO: CAM POLLACK/THE WALL STREET JOURNAL

When Boulet, the wedding planner in Raleigh, got engaged herself, she was over the moon when her fiancé proposed with a 2.3 carat lab-made diamond ring. “It’s very shiny, we were almost worried it was too shiny and was going to look fake,” she says.

It doesn’t, which presents another issue—looking like someone who really shelled out for jewellery. Boulet will occasionally volunteer that her diamond ring came from a lab.

“I don’t want people to think I’m putting on airs, or trying to be flashier than I am,” she says.

For Daniel Teoh, a 36-year-old software engineer outside of Detroit, buying a cheaper lab-made diamond for his fiancée meant extra room in his $30,000 ring budget.

Instead of a bigger ring, he got her something they could both enjoy. During a walk while on an annual ski trip to South Lake Tahoe, Calif., Teoh popped the question and handed his now-wife a handmade wooden box that included a 2.5-carat lab-made diamond ring—and a car key.

She put on the ring, celebrated with both of their sisters and a friend, who was the unofficial photographer of the happy event, and then they drove back to the house. There, she saw a 1965 Mustang GT coupe in Wimbledon white with red stripes and a bow on top.

Looking back, Teoh says, it was still the diamond that made the big first impression.

“It wasn’t until like 15 minutes later she was like ‘so, what’s with this key?’” he adds.



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Harley-Davidson Seeks New CEO, While Grappling With Sales Slump, Tariffs

Motorcycle maker says Jochen Zeitz plans to retire after five years in the role.

By John Keilman
Wed, Apr 9, 2025 2 min

Wanted: CEO for iconic (but challenged) motorcycle maker.

Harley-Davidson is seeking a replacement for Chief Executive Jochen Zeitz, who the company said Tuesday plans to retire after five years on the job.

Harley said it retained an executive search firm late last year after Zeitz expressed interest in retiring. He will remain in his position until a successor is chosen.

During his tenure, Zeitz has boosted Harley’s profit but has seen sales of the bikes continue to decline . The company last year sold 151,000 motorcycles worldwide, less than half as many as it sold in 2008.

Shares in Harley and other power-sports manufacturers dropped sharply Tuesday as investors’ worries about tariffs and a possible recession mounted. Harley stock closed at $20.82, down nearly 9%.

Zeitz, a longtime board member, took over in 2020 as the Covid-19 pandemic took hold and kept the Milwaukee-based company running , despite factory closings and supply-chain tangles. As CEO he has prioritized profits over volume, cutting money-losing entry-level bikes from the lineup to focus on more expensive cruising and touring models.

The strategy was different than one implemented by his predecessor, Matt Levatich, whose “More Roads to Harley-Davidson” plan called for dozens of new models to broaden the brand’s appeal. Levatich left the company after an activist investor said the approach had led to poor financial performance.

Zeitz has said Harley is faring better than its competitors, as the industry suffers from high interest rates and low consumer confidence. Harley’s prospects have also been shaken in the trade war launched by the Trump administration, with the European Union threatening to impose 50% tariffs on the company’s bikes .

The motorcycle maker said in March that bikes imported into the U.S., which receive a 2.4% tariff at most, should face reciprocal duties to even the playing field.

Harley’s network of dealers often criticized Zeitz as being out of touch with the brand’s distinct culture. He grew up in Germany and had made his name rescuing sportswear company Puma , but as sales continued to decline, some said he didn’t understand what made Harley riders tick.

“This company has a great future under someone else’s direction,” said Mark Forszt , a dealer with six locations in Indiana. “Hopefully they’ll bring someone in with knowledge of Harley-Davidson culture.”

Justin Johnson, operating partner at St. Paul Harley-Davidson in Minnesota, gave Zeitz credit for kick-starting the development of popular new touring models that came out last year.

“That was the fastest I’ve ever seen Harley bring something to market,” Johnson said.

Harley faces numerous challenges, including an aging customer base. Dealers say entry-level models have failed to capture the appeal of their predecessor, the Sportster, which was phased out to comply with tightening air-quality standards.

The company’s electric-motorcycle spinoff, LiveWire , which launched in 2019, has seen losses in excess of $100 million while shipping fewer than 700 bikes in each of the past two years. Zeitz indicated on a quarterly conference call in February that he was losing patience with the project.

Zeitz was thrust into America’s culture wars last summer when conservative activist Robby Starbuck accused Harley of becoming “totally woke” under the CEO’s leadership. That stirred up a whirlwind of social-media criticism, including some from elected officials, and the company backed away from some initiatives.

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