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The Latest Breaking News on Real Estate

UK construction sector grows at fastest pace in more than two years

Strong expansion in July amid optimism that Labour’s shake-up of planning laws will increase activity

The Guardian - UK

Australian state orders public servants to stop remote working after a newspaper campaign against it

Public employees in Australia's most populous state have been told to end remote working in a directive from the premier of New South Wales as he seeks to reverse work-from-home habits established during the pandemic

The Independent UK

Philip Ruddock accuses property developers of backing campaign to oust him as Hornsby mayor

Former Howard government minister will lose mayorship after being beaten by Warren Waddell in preselection ballot

The Guardian - AU

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Can Australia end homelessness? Yes, we know how, but we must find the will to do it

The ongoing homelessness crisis in Australia is a complex social problem with multiple causes. Such problems are very difficult to resolve. There’s no simple solution – no “silver bullet”.

The Conversation

3 REITs to Buy for Passive Income

Given the consistent and dependable source of income through dividends that REITs provide, they are appealing to investors who prioritize income. Therefore, it could be wise to explore investments in robust REITs, such as American Tower Corp (AMT), Lamar Advertising (LAMR), and Gaming and Leisure Properties (GLPI), for passive income.…

StockNews.com

Rent-seekers targeted in background-check fee ban

Prospective tenants are pressured to pay for checks on legally dubious databases as technology is installed between tenants and owners in a bid for profits.

AAP

RBA governor warns rate cuts not on near-term agenda

The Reserve Bank of Australia has kept interest rates steady and tempered expectations of imminent cuts, warning inflation remains "too high".

AAP

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NSW moves to outlaw asking tenants to pay for their own background checks on renter ‘blacklists’

Minns government announces reforms to end practice of rental property platforms soliciting payments from applicants

The Guardian - AU

3 REITs with Strong Growth Potential to Buy Now

Geopolitical instability, including recent tensions in the Middle East, might lead to volatility in the stock market. To mitigate these risks, investing in solid REITs Gladstone Commercial (GOOD), Alpine Income Property (PINE), and American Tower (AMT) could offer stability. Read more to find out….

StockNews.com

What can I do about my mortgage now the base rate has been cut?

It was good news for homebuyers as interest rates finally went down. But it has raised a lot of tricky questions for them

The Guardian - UK

To hike or to hold? The case for each as RBA weighs interest rate decision

Inflation has been stubborn but the Reserve Bank has much to consider for its cash rate announcement at 2.30pm on Tuesday

The Guardian - AU

Two-bedroom terraced homes are fastest to find a buyer typically, says Zoopla

Two-bed terraces tend to offer a good degree of living space as well as often being centrally located in communities, a property expert said.

The Independent UK

An ‘excellent’ marriage that ended in murder charges: How a blood test doomed a seemingly loving husband

A Long Beach couple had an “excellent” marriage and a thriving real estate business. What followed after Jana Koklich’s mysterious disappearance baffled investigators, who later charged her husband with second-degree murder.

The Independent UK

Innovative strategy saves Mull's only pharmacist amid housing crisis

AN ISLAND pharmacist has been saved from homelessness through an innovative means of retaining property in the affordable housing market.

The National (Scotland)

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The Guardian - UK

Ignore the Livids of Tunbridge Wells and build homes, but build them well

Labour’s plans to ease the housing crisis should focus on quality as much as quantity

The Guardian - UK

Housebuilding is a route to bigger, better homes for all, not just the rich

While a 1% rise in housing stock drives down prices and rents, Swedish research shows it also boosts space for those on low incomes

The Guardian - UK

All in the Family by Fred Trump review – when dollars are thicker than blood

The nephew of former US president Donald Trump tries to set himself aside from his notorious clan in this history of the family, but their vicious and venal conduct is apparent at every turn

AAP

Catastrophe warning as former judge urges housing right

A rights-based approach to housing is needed that enshrines a duty on the state to provide decent homes for everyone, a former judge argues.

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news in one place.

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The Guardian - UK

Don’t be fooled by the interest rate cut – higher rates are here to stay

Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing

The Guardian - AU

Melbourne is the only Australian capital to see a drop in house prices. What’s going on?

The Victorian city seems to be on a different trajectory to others – what might that mean for housing affordability?

The Independent UK

Property giant warns ministers of the real cost of achieving housing targets

Exclusive: Boss of Berkeley Group calls for more money to be invested in housebuilding – and less diverted to potholes – as he reveals he is buying land for the first time in two and a half years

The Guardian - UK

Labour’s ‘grey belt’ plans could result in isolated communities, warns leading architect

Exclusive: Muyiwa Oki, president of the RIBA, says new estates must be high quality and have access to shops, schools, transport and green space

Evening Standard

Katie Price's Mucky Mansion goes on sale for £1.5million as star shares warning to potential buyers

The former glamour model was evicted from the property in Horsham, West Sussex in May amid escalating financial and legal issues

The Independent UK

First-time buyers driving mortgage demand as costs trickle down, Skipton says

The property group also said more savers were shopping around for better rates and locking away their money into ISAs.

Kiplinger

Wait, My Homeowners Insurance Limits What?

You might be surprised by the limits on what your homeowners policy covers, but there’s a reason for that, and there’s also something you can do about it.

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