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The Latest Breaking News on Real Estate

Fiddling with interest rates won’t alter inflation — or change that we’re running out of workers

While supply-driven inflation is persisting, interest rate hikes have smashed demand, including for workers.

Crikey

Housing recovery entrenched but pace of growth eases

Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures.

AAP

25% of young new mortgage holders ‘have terms of at least 35 years’

People may be searching for longer terms to keep their monthly repayments down, Experian said.

The Independent UK

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read the most diverse news in one place.

Australia’s public housing towers are regarded as dated and ugly. But what will happen when they’re gone?

While many residents agree the flats are past their useful life, sudden announcements about the demolition of their homes has caused shock and anxiety

The Guardian - AU

Licensing scheme for short-term lets comes into force in Scotland

THE licensing scheme for short-term lets has come into force across Scotland.

The National (Scotland)

Class act: 10 of the best flats for sale in old school buildings, from Bow to Battersea

For warehouse-style features with a little more warmth, London’s former schools offer quirky Victorian, Edwardian and Brutalist stock

Evening Standard

Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie

The judge deciding the future of former President Donald Trump’s real estate empire has driven a taxi cab, played in a band and protested the Vietnam War

The Independent UK

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Sophie Turner reveals letter Joe Jonas wrote looking for a ‘permanent UK home’ before divorce

The couple formerly announced their divorce on 6 September

The Independent UK

More than a box, smarter than a prefab: modular housing is back, and this time with style

Companies have sprung up around Australia to produce housing that offers a new option amid the property crisis, and now governments are taking notice

The Guardian - AU

House price forecast: will the property market rise or fall in five years?

The latest house price forecasts show values still falling but expects parts of London to recover faster than the rest of the country

Evening Standard

Federal Register weekly update: Highest weekly document total of 2023

The Federal Register is a daily journal of federal government activity that includes presidential documents, proposed and final rules, and public notices. It is a common measure of an administration’s regulatory activity, accounting for both regulatory and deregulatory actions.

Ballotpedia

UK mortgage approvals hit six-month low as interest rates cool market

Number of house sales also fell in August compared with a year earlier, says HMRC

The Guardian - UK

Feeling A Little 'Off'? How To Protect Your Mental Health Now

Don't let your own mental health concerns — or those of your employees — fester. It's important to take action right away to get help.

Investors Business Daily

Number of home buyer mortgage approvals slumped to six-month low in August

Net approvals for remortgaging fell to the lowest level since 2012, the Bank of England said.

The Independent UK

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news in one place.

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Evening Standard

Why has this Ealing flat, listed for just £160k, failed to attract a single bid at auction?

Semi-subterranean studio with just one window goes back under the hammer after drawing a blank first time round

The Guardian - UK

Spare these London flats the wrecking ball. But no more eyesore tower blocks please

High-rise blocks should not be the future, says Guardian columnist Simon Jenkins

The Guardian - UK

Birmingham council votes to demolish brutalist landmark

Campaigners fighting to save the Ringway Centre say removing it would be ‘devastating assault on city’s postwar heritage’

The Guardian - UK

Average five-year fixed mortgage rate in UK falls back below 6%

First time since early July that average rate has been below 6%, with some deals now under 5%

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news in one place.

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AAP

Premier backs European 'pattern-book' houses for Sydney

The NSW government is working on a pre-Christmas plan to help solve the housing crisis, and the premier has backed one approach as the future for the state.

Chicago Sun-Times

Developer reveals plan to build 36-story tower in Old Town

Fern Hill is proposing 500 apartments in a zoning tradeoff that could limit new development on adjacent properties and attract a grocery store.

Salon

N.Y. ruling: "End of Trump's empire"?

Expert: N.Y. judge's decision will shape perception of Trump as an "obstructer of justice" and "financial cheat"

The Independent UK

Donald Trump's lawyers ask judge to clarify fraud ruling’s impact on ex-president's business

Does a judge’s fraud finding spell the end of Donald Trump’s real estate empire

Evening Standard

Developer vows to fight Greenwich Council order to demolish ‘mutant’ Woolwich towers

Developer says it will appeal ‘unprecedented’ council order to knock down part of Woolwich’s Mast Quay development

The Guardian - US

Trump’s business empire could collapse ‘like falling dominoes’ after ruling

Trump is effectively ‘out of business’ in New York, Michael Cohen says, after judge rules business fortune built on rampant fraud

The Guardian - UK

‘No one wants to lose their home’: London renters shocked at order to raze their flats

Mast Quay II tenants may need to find new homes after Greenwich ordered demolition of tower complex

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