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The Latest Breaking News on Real Estate

Construction industry cannot rely on foreign workers, says housing minister

The UK will need thousands of additional construction workers if it is to hit the Government’s target of building 1.5 million homes.

Evening Standard

Average UK house price hits record £298,083, says Halifax

Property prices increase by 1.3% in November, the fifth consecutive monthly rise

The Guardian - UK

Average UK house price reached new record high of £298,083 in November – Halifax

Property values increased for the fifth month in a row in November, the bank said.

The Independent UK

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Worst housing affordability in almost three decades

Homeowners and renters face some of the most challenging conditions in years, with both groups spending a growing proportion of income on a place to live.

AAP

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

ECONOMIC SUMMARY AND OUTLOOKThe global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled,

Benzinga

Westminster council ordered to pay compensation to family left without bedroom in damp-ridden flat for years

Housing Ombudsman finds ‘series of failures’ by Westminster City Council meant family-of-three were without a bedroom and left to breath in high levels of damp ‘for years’

Evening Standard

Are You a Renter? You Could Save on Taxes

With these tax savings at your fingertips, rent may be more affordable

Kiplinger

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Better Than The Bank: Weed Real Estate Investment Company's 14% Yield Beats Traditional Savings

With a current dividend yield of 14%, AFCG has demonstrated its commitment to shareholder returns, noted senior analyst Pablo Zuanic.

Benzinga

Residents of luxury apartments close to Buckingham Palace win battle to remove Grenfell-style cladding

Leaseholders at the block in Artillery Place say they have suffered ‘significant emotional and financial stress’ since the discovery of fire safety hazards

Evening Standard

UK construction grows but housebuilding decline threatens government targets

Construction firms say high borrowing costs and weak consumer confidence hitting housebuilding demand

The Guardian - UK

Mr. Coffee Perfect Brew Coffee Maker review: Brews hot and cold

The new Mr. Coffee Perfect Brew Coffee Maker is more versatile than your average drip coffee maker, brewing both hot and iced tea and coffee. However, it’s quite expensive for what it offers and has a few quirks that may make it frustrating to use.

Tom’s Guide

Morning Mail: stories from Australians priced out of a home, US health insurer CEO shot, migration shortfall revealed

More than 16o Guardian Australia readers told how the housing crisis has reshaped their lives

The Guardian - AU

Leaseholders vent anger after Dagenham fire block demolished: 'We're paying for flats that don't exist'

Over 80 residents lost their homes after the Spectrum Building in Dagenham was destroyed in an inferno in August

Evening Standard

Campaigners welcome £768m for affordable housing but warn far more required

It comes after last year’s Scottish budget included cuts to funding for housing and planning.

Evening Standard

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Benzinga

5 Housing Market Trends For 2025: What Zillow's Forecast Means For You

2025 will bring changes to the US housing market, with more inventory for buyers, unpredictable mortgage rates, and a rise in smaller, smarter homes.

The Guardian - AU

What do the latest GDP figures tell us? That the RBA is still getting it very wrong

It’s time the reserve started undoing the damage it’s done before even public spending can’t keep the economy growing

Evening Standard

'Drug dealers and anti-social behaviour is so bad we're scared to leave our homes'

Residents at Ayley Croft Estate in Bush Hill Park say the area is blighted by violence, fly-tipping and drug dealing

Evening Standard

Network Rail tight-lipped on redevelopment plans for London Victoria Station

London Victoria Station dates back to the Victorian era and is a key link for those heading out to Gatwick Airport

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news in one place.

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AAP

NYE threat in fight to save harbour's last working port

An alliance of business, tourism and industry groups wants Sydney Harbour's last working port to stay that way but developers say the ship has sailed.

The National (Scotland)

Scottish city named one of the happiest places to live in the whole of the UK

A historic city in Scotland has been named one of the happiest places to live in the whole of the UK.

StockNews.com

3 Small-Cap REITs With Big Potential Upside

Small-cap REITs offer a unique opportunity for investors seeking high-growth potential. Given this backdrop, investors could consider investing in small-cap REITs like Ladder Capital (LADR), Chimera Investment (CIM), and SITE Centers (SITC) that offer a potential upside of more than 10%. Read on….

International Business Times

Social Media Users Remind Trump He Also Pardoned a Family Member — And Then Made Him an Ambassador

MAGA was eager to criticize President Biden for pardoning his son, but social media users reminded them that Donald Trump did the same in 2020.

AAP

Country roads taking Aussies home at a two year high

Australia's population shift from capital cities to the regions continues, with more people staying put in the country as cost-of-living and house prices bite.

Kiplinger

Florida Changes Homestead Exemption Property Tax Break

Property taxes have skyrocketed nearly 60% within the last five years in Florida, and constituents did something about it.

International Business Times

Notre Dame To Reopen In Paris With Trump In Attendance

Notre Dame cathedral will reopen in Paris on Saturday with incoming US president Donald Trump set to attend the ceremony marking the resurrection of the Gothic masterpiece five years after a devastating fire.

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