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The Latest Breaking News on Real Estate

French Parliament Approves Bill To Rein In Tourist Rentals

The French parliament on Thursday approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing.

International Business Times

Bank of England slashes interest rates to 4.75%

The second move in three months reduces the official cost of borrowing to its lowest level since summer 2023

Evening Standard

Home repossessions jumped annually in the third quarter of 2024

Monthly mortgage payments have been ‘eating up’ a much larger proportion of incomes, debt help charity StepChange said.

Evening Standard

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read the most diverse news in one place.

New council housing in England may be removed from right to buy scheme

Angela Rayner says restrictions may be placed on sale of new social housing to prevent loss of stock

The Guardian - UK

House prices at record high, says UK’s biggest lender

Reeves’s budget could slow demand but prices have not fallen significantly since post-pandemic ‘race for space’

The Guardian - UK

UK house prices climb to a new all-time high as mortgage rates fall

The average London price rose 3.5% to £543,308, the highest since November 2022 when it was £545,568.

Evening Standard

Donald Trump to Become World's 4th Highest-Paid Leader with $400K Annual Salary; Which Countries Earn More?

Donald Trump will earn $400,000 annually in his second term, making him the fourth highest-paid world leader, with only leaders from three other countries earning more.

International Business Times UK

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Why the ‘housing first’ approach has struggled to fulfil its promise of ending homelessness

Over the past 15 years, the Housing First approach has gained traction as an evidence-based solution to tackling homelessness in many developed countries, including Canada.

The Conversation

Suzy Lamplugh murder suspect dies in prison at 70

John Cannan was jailed for 35 years in 1989 for rape and murder of Shirley Banks

The Guardian - UK

What issues are likely to dominate the Irish general election?

Housing is expected to be the main battleground of the Irish general election.

The Independent UK

Japan's Surplus Of Abandoned Homes Offers Rare Opportunity For Foreign Buyers

As of 2023, Japan reported over 9 million empty houses, according to government data, with some selling for less than $10,000. This unusual supply surplus is drawing in foreign buyers intrigued by the opportunity for affordable property in a high-cost housing world.

International Business Times

No change to RBA forecasts after Trump election

The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.

AAP

Housing developer denies emptying sewage into Scottish village drains

A HOUSING developer has denied claims made by a Scottish councillor that trucks full of sewage from a new housing estate are being emptied into a…

The National (Scotland)

Man whose truck was filled with debris used by rioters jailed for 27 months

Jake Turton, 38, was part of the disorder which broke out outside a hotel housing asylum seekers in Rotherham

Evening Standard

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Kiplinger

Two Consequential Tax Cases You May Not Have Heard About

The Supreme Court's decisions in these cases create uncertainty about challenging IRS regulations and guidance. Expect more litigation to follow.

The Guardian - UK

Planning rules have failed to link new homes to public transport, report finds

A decade of planning policy has achieved nothing, leaving millions of people still dependent on cars, study shows

Wallpaper

A Peckham house design unlocks a spatial puzzle in south London

Audacious details, subtle colours and a product designer for a client make this Peckham house conversion a unique spatial experience

Newcastle Herald

Rezoning expected to keep Lake Macquarie growth on track for 2041 vision

The proposal would add 40 to 50 new homes in Wyee.

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AAP

Supply the key to fixing housing, not taxes: Treasury

The focus of the government should be on increasing housing supply rather than cutting tax concessions for property investors, the Treasury chief says.

The National (Scotland)

Highland community gains planning permission for affordable housing

A HIGHLAND community foundation has gained planning permission for six affordable homes after successfully purchasing land from a local landowner.

Evening Standard

London Assembly demands 'proper funding' to fix cladding crisis with nearly 2,000 buildings at risk

Only 27 per cent of the high and medium-rise buildings in London found to have dangerous cladding have been remediated

The Guardian - UK

People loitering on Rochdale estate face arrest in first-of-its-kind police order

Officers restrict access to Freehold estate for non-residents after reports of ‘incessant drug dealing’ and intimidation

Evening Standard

Interest rate cut today 'nailed on' say City economists in new boost to home owners

Bank of England aiming to bolster economy amid rising uncertainties and weakened consumer confidence

Evening Standard

Two 'megaboats' facing eviction from Chelsea harbour can now stay after shock ruling

Kensington and Chelsea had issued enforcement notices to The Zephyr and The Pacifica after councillors voted to evict them from the Chelsea Reach Harbour

The Guardian - AU

Reserve Bank leaves interest rates on hold as Michele Bullock ducks questions on rate cut timing

RBA’s decision to leave cash rate unchanged comes as underlying inflation remains above bank’s target range

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