Luxury Homebuilder's Woes Show Mounting U.S. Slowdown Fears
A pelican flies by the gallery room of a 15,000 square-foot custom built home on Belvedere Island in Marin County, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Luxury Homebuilder's Woes Show Mounting U.S. Slowdown Fears

(Bloomberg) -- Wealthy buyers are pulling back from some of the most expensive housing markets in the U.S., the latest sign that sky-high prices and fears of a recession are weighing on a key secto...
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