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The Latest Breaking News on Real Estate

Property market easing with falls across four capitals

Slowing momentum in home price growth bodes well for those hoping to get a foot on the property ladder as the central bank weighs rate cuts.

AAP

Jeremy Corbyn joins protesters against £82m student tower block plan for hospital site

Former Labour leader joins protests against development branded ‘evil and nasty’ by neighbours

Evening Standard

Estate agents in 'frantic' late night scramble to complete property sales before stamp duty deadline

One agent had to fly home from a half term break in Oman to sort out the sale of a £6.75 million mews house in Mayfair before midnight

Evening Standard

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California voters consider controversial vacation homes tax in iconic Lake Tahoe area

Voters in the scenic mountain town of South Lake Tahoe in Northern California are considering a tax on vacation homes

The Independent UK

RIBA House of the Year 2024: browse the shortlist and pick your favourite

The RIBA House of the Year 2024 shortlist is out, celebrating homes across the UK: it's time to place your bets. Which will win the top gong?

Wallpaper

Texas’ housing shortage is getting worse, report says

Texas builds more homes than other states but hundreds of thousands more are still needed, the report said, contributing to higher housing costs.

The Texas Tribune

Stamp duty blow to first-time buyers and second home investors

Experts said Britain’s property sector would be knocked by stamp duty changes, with an ‘overnight’ hike for second-home buyers.

The Independent UK

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Mortgage rates to rise after Rachel Reeves' tax, borrow and spend Budget, says official forecaster

The Chancellor has clashed with the Tories over whether her Budget would push up mortgage bills

Evening Standard

Takeaways from our reporting on Texas’ housing affordability crisis

The Texas Tribune examined the state’s housing affordability crisis and why the state has struggled to build enough homes to meet demand.

The Texas Tribune

Woman on housing waiting list for six years given apology after being shown home that had already been taken

A woman who had been on a housing waiting list for six years received an apology from the local council after being shown around a property which had already been accepted by someone else.

Evening Standard

Glasgow roads closed after woman dies from 'serious injuries' in estate

TWO Glasgow roads have been closed after a woman died following being found with serious injuries...

The National (Scotland)

Ban on landlords evicting tenants for no good reason

Tenants would no longer be evicted without a valid reason and face softer penalties for breaking leases in reforms aimed at making life easier for renters.

AAP

Australia’s annual inflation sinks to 2.8%, the lowest rate in more than three years, increasing chance of rate relief

Electricity prices fell by 17.3% in the latest quarter, while automotive fuel also fell 6.7%, increasing the chance of near-term interest rate reductions

The Guardian - AU

No-fault evictions banned and break-lease fees capped under sweeping reforms in Victoria

Jacinta Allan to announce additional measures designed to give people security of housing and bring ‘respect’ to rental market

The Guardian - AU

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The Independent UK

Budget 2024: What will it mean for my mortgage?

The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget

Evening Standard

Plan to turn Victorian-era house into 28-room 'co-living space' rejected

The plans would have seen the property in Romford Road redeveloped to include a part 3, part 2 and part 1 storey rear extension

The Guardian - AU

Criminals and corrupt officials may find it easier to launder money in Australia if lawyers given more powers

Law Council of Australia rejects claims the profession presents a ‘significant risk of money laundering and terrorist financing’

The Guardian - UK

Number of UK mortgage approvals at highest level since 2022 mini-budget

Bank of England figures show fourth monthly increase in a row as September approvals rise by 700 to 65,600

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Evening Standard

Mortgage approvals jump but housing market on ‘tenterhooks’ ahead of Budget

Some 65,600 home loans were approved last month, 700 more than in August, the Bank of England revealed.

Evening Standard

Budget 2024: Social housing must be considered vital national infrastructure

Commentary: Supply of new social housing will continue to fall without government investment and policy change, warns G15 vice chair Ian McDermott

The National (Scotland)

How do other countries do council tax?

COUNCIL tax is a fairly unique system when compared with other countries ...

Newcastle Herald

Land offset aims to strike balance between homes and conservation

'It's maximising an area by joining bits together.'

StockNews.com

3 Top-Rated REITS for High Dividends and Growth Potential

With economic conditions stabilizing and demand rising for infrastructure, REITs present a compelling opportunity. Given this backdrop, you might consider keeping track of top-rated REITs like American Tower Corp (AMT), SBA Communications Corp (SBAC), and Alexandria Real Estate Equities, Inc. (ARE) that have attractive dividend yield and growth opportunities. Read…

AAP

'Everything points to a slowdown': property loses heat

House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.

The Guardian - AU

Australian cities are desperate for the ‘missing middle’ of housing density. But it’s not as simple as the nimby-yimby debate suggests

A more sophisticated planning approach is needed to build homes for more people while still providing greenery and open space

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