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The Latest Breaking News on Real Estate

Tory donor Richard Desmond revives controversial east London housing development

Billionaire submits proposals for scheme that government minister Robert Jenrick pushed in 2020, with nearly twice the number of properties of original plans

The Guardian - UK

Local and state governments ‘powerless’ to stop demolition of five-year-old Melbourne building

Melbourne council considering retrofitting incentives as officials say there are currently no laws to prevent demolition of non-heritage buildings

The Guardian - AU

Dilapidated Merewether home left empty for 20 years sells for millions

Developer snaps up the home after one week.

Newcastle Herald

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Kyle Richards and husband Mauricio Umansky celebrate Thanksgiving together amid separation

‘Real Housewives of Beverly Hills’ stars announced their separation in July after 27 years of marriage

The Independent UK

Is Taylor Swift in Deadpool 3? Ryan Reynolds has his say

Deadpool 3 star Ryan Reynolds shares cryptic reaction to Taylor Swift cameo rumors

Total Film

KTR snubs Congress’ slogan, says change for better Telangana started in 2014 itself

K.T. Rama Rao, Working President of BRS and Minister for IT, Industries and Urban Development, refutes charges of rival parties that BRS leaders have become arrogant. He claims they have only affection and attachment for Telangana. He states that BRS has achieved much in the six-and-a-half years of rule, including…

The Hindu

‘We won’t leave’: Armenians in Jerusalem push back against armed settlers

A controversial real estate project threatens the world’s oldest Armenian diaspora community. But they refuse to move.

Al Jazeera

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With re-elected BRS govt., housing for all and 100% literacy will be priorities, says KTR

The new scheme will be an addition to the existing 2BHK and Gruhalakshmi housing schemes.

The Hindu

House price forecast: almost 5 per cent fall expected in 2024, Office for Budget Responsibility documents show

Average house prices will fall next year says a new report – but property is more complex to predict than simple averages warn experts

Evening Standard

Hunt’s tax cuts mean interest rates won’t drop until summer 2024, economists warn

National insurance cut risks Bank of England being more ‘hawkish’ in battle against inflation

The Independent UK

Latino Homeownership: Which States Have Higher and Lower Rates?

According to the Latino Data Hub, New Mexico, West Virginia and Vermont top the list, while New York stands at the bottom

Latin Times

‘I want to get out’: two landlords on the ‘broken’ property rental market

From high rents to repossessions and public opprobrium, it’s not just tenants who say the system isn’t working

The Guardian - UK

$1.5 million sale of two-bedder in Tighes Hill sets benchmark

'Tighes Hill is still very tight in terms of listing numbers.'

Newcastle Herald

CREDAI challenges hike in fees for registering power of attorney and construction agreements

CREDAI Chennai challenges G.O. increasing registration fees for power of attorney & construction agreements, seeks to protect real estate sector & affordable housing.

The Hindu

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Evening Standard

Watch this (air)space: Clapham airspace ‘with development potential’ to be auctioned for £10,000

The airspace above a three-storey terraced building on Northcote Road is offered with a 150-year lease and has the potential for residential development, says auctioneer Phillip Arnold

The Guardian - UK

Germany proves that private renting can work better than it does in Britain

Germans typically stay far longer in their rented homes, which are cheaper and have secure tenancies

Evening Standard

Extra £575 million business rates to pay for host of firms in London

A host of companies face collectively paying £575.6 million extra in business rates on London properties after missing out on certain support measures announced by the Chancellor, it has emerged.

Newcastle Herald

Western Lake Mac suburb to get 1000 new apartments in housing shake up

Council approved an application to increase housing density.

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news in one place.

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Newcastle Herald

Newcastle family pays record $7.05m for Bar Beach home to knock it down

The sale topped the previous Bar Beach suburb record by $150,000.

Evening Standard

Autumn Statement: 'an enormous missed opportunity' to stabilise rents and house prices for Londoners

Shortfall of new homes needed to tackle affordability crisis forecast to hit 257,000 without significant investment, said Tom Copley

The Independent UK

Ex-Trump Organization executive breaks down during fraud trial testimony

The defence is taking aim at the accountants, but evidence appears to show Trump had final review of allegedly fraudulent documents at the heart of the case

Salon

Trump defense witness backfires on stand

Ex-Trump accountant Jeffrey McConney's handwritten note could come back to bite his former boss

The Guardian - UK

Breaking the vicious circle of poor housing and poor health

Letter: People in bad housing are at greater risk of illness, which in turn limits their ability to afford a decent home, say Greg Fell and Matt Ashton of the Association of Directors of Public Health

Evening Standard

Autumn statement: Planning reforms fail to significantly excite housebuilding sector

Chancellor Jeremy Hunt has set out plans to unlock the building of more homes, including through tackling a planning backlog, but the reaction from shareholders in FTSE 100 residential businesses looked lacklustre on Wednesday afternoon.

The Independent UK

‘Huge sigh of relief’ for renters after housing allowance unfrozen

Changes on both benefits and housing allowance will come into effect from April 2024.

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