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The Latest Breaking News on Real Estate

Gen X, older millennials ride housing boom to the bank

Older millennials and generation X are among the biggest winners from Australia's real estate boom as profits from sales hit their highest level in 10 years.

AAP

London rents "have over-shot" as rental inflation slows to lowest level in almost three years

Rental inflation for new lets it is the lowest it has been in three years as demand falls

Evening Standard

Battersea Power Station under fire from council over low levels of affordable housing

So far about half of the Battersea Power Station masterplan has been delivered with two of the six phases of the development completed

Evening Standard

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OPINION - The Standard View: Autumn is coming — and so are tax rises

As summer threatens to give way to autumn, the drum beat of tax rises is growing ever louder. Today, it was data from the Office for National Statistics showing that public sector net borrowing has surged to a worse-than-forecast £3.1billion in July, significantly higher than the year before.

Evening Standard

Social housing rents to rise as part of UK push to build affordable homes

Rachel Reeves works on plan for 10-year formula to give councils and housing associations certainty

The Guardian - UK

In South Africa, patriarchal law cuts some women off from owning their home

How a land law seeking to fix the racial injustices of apartheid created gender barriers for Black women instead.

Al Jazeera

TV tonight: the young people tackling the housing crisis in a remarkable way

How to create a property portfolio with an Instagram account. Plus: the brilliant Celebrity Race Across the World continues. Here’s what to watch this evening

The Guardian - UK

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OPINION - The Standard View: You shouldn't have to be rich to rent in London

It is a staggering figure. Londoners must earn more than £76,000 a year to afford the average privately rented home in the capital. A report by the G15 group, which represents London’s largest not-for-profit housing associations, highlights just how unaffordable the city has become.

Evening Standard

Want to rent a London home? You’ll need to earn £76,000

On average Londoners need to be earning £76,261 to afford the average private rent in the capital, the Funding London’s Affordable Home report found

Evening Standard

Prince Andrew faces Windsor Lodge exit after King Charles delivers security guard blow

He rents the £30m mansion for £250 a week

The Independent UK

London house prices are down 2% on average — so which borough has seen a 5% per cent drop?

Annual average asking prices are up in the capital, according to the latest Rightmove index

Evening Standard

Should You Buy Meritage Homes as Housing Demand Soars?

The residential construction market is experiencing substantial growth due to rising urbanization, favorable mortgage conditions, and supportive government measures. Could it be worth adding Meritage Homes to one’s portfolio in this dynamic environment? Let's find out.

StockNews.com

Interest rate cut fuels immediate upturn in UK property market

Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago

The Guardian - UK

Newcastle apartment projects get moving but Bowline still stalled

There's diggers at the Watervue site and a crane at the Store.

Newcastle Herald

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Reason

Harris and Trump Offer Terrible Housing Policies

With minor exceptions, their proposals are likely to do more harm than good.

The Guardian - AU

Australians are in chronic housing stress. Can Clare O’Neil fix it?

Albanese may have recruited a better communicator, but without a sharper message the new housing minister might find herself outmanoeuvred

The Independent UK

Harris takes a populist tone on the economy. Will it help with young voters?

Polling shows young voters care about the cost of housing

The National (Scotland)

Forensics team scour Glasgow flat after body found inside

FORENSIC officers have been scouring a flat in Glasgow after a body was found inside ...

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The Independent UK

Nearly 1 in 10 homes in the US are worth $1 million or more — a record high

California has the most expensive real estate in the country

Top News

Trump's Financial Disclosure Reveals Millions In Licensing Deals

Explore the diverse income sources, global business interests, and legal challenges revealed in former President Trump's financial disclosure documents.

International Business Times

Kamala Harris To Propose $25K Down Payment Support For First-Time Homeowners

To address the housing shortage, Harris will call for the construction of 3 million new housing units. Her plan includes introducing a tax incentive for builders who focus on creating starter homes for first-time buyers and expanding existing tax credits for affordable rental housing development.

The Independent UK

Looking to buy a home? You may now need to factor in the cost of your agent's commission

Thinking of buying a home with the help of a real estate agent

Kiplinger

Four Things to Consider Before Giving Your Kid a Down Payment

Younger generations sometimes face an uphill battle to buy their first home. Here’s how to decide if you can help — or if you should.

The Guardian - UK

Angela Rayner told new towns plan risks missing England housing targets

Exclusive: Centre for Cities analysis shows more new towns would have to be built than ever before to dent 1.5m target

The Guardian - UK

‘A big ask’: can Labour fix Britain using modern supply-side economics?

Turning to a theory championed by the US Treasury secretary, Reeves aims to upskill the workforce while boosting productivity

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