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The Latest Breaking News on Real Estate

Housing market activity picked up in October – surveyors’ report

House prices are expected to rise over the three months ahead, the Royal Institution of Chartered Surveyors said.

The Independent UK

Two-thirds of private tenants worried about paying their rent – Big Issue

The poll of 2,000 adults showed that one in two felt an increased risk of homelessness compared with last year.

The Independent UK

Mandatory broker fees to be banned in New York City, easing the burden on renters

Tenants searching for an apartment in New York City have long been forced to pay thousands of dollars to real estate brokers

The Independent UK

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3 High-Yielding REITs Perfect for Passive Income Investors

For passive income seekers, high-yield REITs can provide steady returns and access to various property markets and are ideal for stable cash flow. Given this backdrop, investors might consider looking into REITs like Realty Income Corp (O), VICI Properties (VICI), and Annaly Capital Management (NLY). Read on….

StockNews.com

Black and Latino families displaced from Palm Springs neighborhood reach $27M tentative settlement

Black and Latino families who were displaced from a Southern California neighborhood in the 1960s have reached a tentative settlement agreement with the city of Palm Springs

The Independent UK

New York City ends broker fees for new tenants in cost-cutting move

Move can significantly lower upfront expenses for renters in city with one of the world’s highest costs of living

The Guardian - US

It’s time for the RBA to admit its fears of a wage-price spiral were misguided – and cut interest rates

It is quite infuriating now, as we look back with total hindsight at the Reserve Bank’s concerns

The Guardian - AU

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London should set own rules on whether to pause or stop sale of council homes, says Sadiq Khan

Mayor says boroughs should be able to decide whether to pause, stop or keep right to buy

Evening Standard

US election updates: Trump picks hardliner as ambassador to Israel in slew of job appointments

Trump recruits pro-settler figure Mike Huckabee, and will also put Elon Musk and Vivek Ramaswamy in charge of a new department of government efficiency

The Guardian - AU

'Gone backwards': Hopes fund can revive home-building

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

AAP

Want to slash social housing waitlists? We should allow tenants to swap homes

There are 184,100 people on social housing waiting lists around the country, reflecting the impact of declining homeownership and escalating private rents.

The Conversation

Scottish council declares 'affordable housing emergency' amid land loss claims

Councillors in East Lothian have declared an ‘affordable housing emergency’ amid claims they are just ‘days away’ from losing promised land…

The National (Scotland)

Prince Andrew May Have Saved His Home But it Reportedly Needs More Than $300k in Restoration Work

Royal Lodge is allegedly moldy and falling apart.

Marie Claire

Wife of celebrity house flipper smashed phone with hammer to hide evidence of Ponzi scheme, feds say

Exclusive: Jennifer Iturralde Pina, whose husband, DJ Envy associate Cesar Pina is fighting wire fraud charges, smashed her cell phone to bits with a hammer as the FBI waited outside her front door to seize it

The Independent UK

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The Guardian - UK

The Guardian view on China’s growth limits: shifting to a post-industrial economy is tough

Editorial: Beijing’s model is hitting roadblocks. It needs to move toward more home-grown spending – even if one-party politics makes that hard

The National (Scotland)

Scottish Government announces new planning hub to speed up housebuilding

SCOTLAND'S public finance minister has pledged changes to the planning system to help it play a “full part” in tackling the country’s housing…

Evening Standard

McDonald accuses parties of treating Sinn Fein voters as ‘second-class citizens’

Her comments came amid increasing focus on coalition permutations after the General Election in Ireland.

StockNews.com

3 Real Estate Stocks Poised for Growth Amid Housing Recovery

As the housing market recovers, key trends such as interest rate cuts, modernized office spaces, and increasing demand for senior housing are creating promising growth opportunities in the real estate sector. Hence, fundamentally sound real estate stocks AvalonBay Communities (AVB), RE/MAX (RMAX), and Equity Residential (EQR) might be wise picks.…

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Evening Standard

Developers appeal over Woolwich tower block plans that were rejected due to 19th century chimney

A developer has appealed Greenwich Council’s decision to refuse its plan to build a block of flats beside a 19th century chimney.

The Guardian - UK

Our flat’s rising ground rent is going to ruin our move

Our buyer’s lender has pulled out because the charge rises with the property’s rising value. Now the delay risks collapsing the whole chain

International Business Times

China Planning To Cut Taxes On Home Buying: Report

China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday.

AAP

Architect delivers a big home truth on Aussie housing

An architectural labyrinth has been installed at the National Gallery of Victoria - and its footprint is the size of the average newly-built Australian house.

The Guardian - AU

Morning Mail: Australia could ‘flip’ to renting nation, gender health gap increasing, Rebel Wilson accused

Research shows three out of five renters will never become owners

Newcastle Herald

'Modest surplus' as Newcastle council balances its books

Ratepayers forked out $219 million in rates and charges, an increase of $10.6 million.

The National (Scotland)

Planning system is failing to tackle Scotland’s housing emergency, say experts

NEW statistics highlight a service which is “under-resourced” and “ill-equipped" to deal with Scotland’s escalating housing emergency,…

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