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The Latest Breaking News on Real Estate

Bank of England braced for knife-edge interest rate decision

Markets predict quarter-point cut to 5% when policymakers’ decision is announced on Thursday

The Guardian - UK

Adelaide home prices could soon surpass Melbourne as Victorian capital slumps

Fall of 4.4% since peak in 2022 bucks broader trend, PropTrack finds, with national real estate prices 6.3% higher than a year ago

The Guardian - AU

Australians are struggling to make ends meet. This is not an economy in need of more rate rises

Inflation has risen again – but not because we’re splashing out on new clothes or fancy dinners

The Guardian - AU

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Planning changes will not mean ‘load of ugly houses’, says Rayner

Deputy PM promises more GP surgeries, roads and schools as she unveils England’s housebuilding targets

The Guardian - UK

What is the 'grey belt' and what are Labour's housing plans for it?

Angela Rayner says the plans ‘won’t be without controversy’ but will make housing more affordable

Evening Standard

London borough warns it faces bankruptcy over housing costs as government announces building programme

Newham town hall is facing “considerable financial pressures” over its temporary accommodation bills

Evening Standard

Taylor Wimpey CEO backs "ambitious" government house building targets as profit falls before interest rate cut

Jennie Daly stands by the FTSE 100 firm’s pledge to build 10,000 homes this year

Evening Standard

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London first-time buyers: 'We had to cross the river to get on the property ladder'

A Londoner’s loyalty to their patch can crumble when it comes to house hunting, reports Santander

Evening Standard

Taylor Wimpey says Labour’s planning changes ‘important early step’ for more homes

Housebuilder welcomes shake-up of planning rules as it reports half-year profits fell by nearly 60% to £99.7m

The Guardian - UK

House sales increased by 8% annually in June – HMRC figures

An estimated 91,370 transactions were made, which was 8% higher than June 2023 but slightly lower than in May, HM Revenue and Customs said.

The Independent UK

Uk politics: Voters want MPs to swear allegiance to their constituents, not to king, poll suggests – as it happened

Polling for the Republic campaign group says only 11% of voters want MPs to pledge allegiance to the monarch

The Guardian - UK

Housing revamp is NT Labor's headline election pledge

Leaders Eva Lawlor and Lia Finocchiaro have gone head-to-head in a civil debate as the NT government prepares to enter election caretaker mode.

AAP

Inflation rises to 3.8% amid hopes the RBA will hold off hiking interest rates again

Australia’s consumer price index rose in the June quarter in line with economists’ forecasts

The Guardian - AU

Who will win this week's Stirling Prize 2024: Hackney social housing in the running for top architecture award

Four of the six shortlisted architecture prizes are in London, including the Elizabeth Line

Evening Standard

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The Guardian - UK

Britain’s best new building: can a tiny dairy farm beat the epic Elizabeth line?

From increasing the National Portrait Gallery’s wall space to revitalising a notorious estate, this year’s finalists for the RIBA Stirling architecture prize couldn’t be more different

Newcastle Herald

Newcastle independent councillor John Church won't seek reelection

Outgoing councillor urges voters to break Labor bloc's control.

The Guardian - UK

The Guardian view on Labour’s housing proposals: revolutionary intent

Editorial: Social housing must be at the forefront of a new, more aggressive approach to solving Britain’s chronic shortage of homes

The Guardian - AU

Australia’s inflation rise could light the fuse on an early election

The government’s popularity may pivot on Wednesday’s CPI figures and a pre-Christmas poll would be a prospect if it viewed the RBA’s job was done

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The Independent UK

Airbnb host has been fighting to get squatters out of her home for months. The company - and the cops - say there’s nothing they can do.

EXCLUSIVE: “Airbnb is saying there’s nothing further they can do, besides telling me to call the cops,” superhost and correctional officer Tekecia Darden told The Independent.

The Independent UK

Angela Rayner’s planning ‘revolution’ slashes housebuilding target for London

Government officials said London’s target would fall from 100,000 homes per year to 80,000

Evening Standard

London's new homes target reduced but 'record' house building still expected from Sadiq Khan, Rayner says

All councils in England will be given new, mandatory housing targets to pave the way for 1.5 million more homes over five years

The Guardian - UK

Housebuilding targets could force councils in England to build on ‘grey belt’

Angela Rayner announces draft policy billed as first step in Labour’s delivery of 1.5m new homes

The Guardian - UK

Standard Chartered plays down fears of US-China trade war under Trump

Chief executive says tensions ‘not impacting’ business as bank reports pre-tax profits of $1.6bn for second quarter

The Guardian - AU

Housing approvals fall to lowest level in 12 years despite Labor’s pledge of 1.2m new homes

Approved dwellings drop 6.5% in June amid high interest rates and building costs as CoreLogic rues ‘dismal result’

International Business Times

Chinese Leaders Pledge Further Support For Flagging Economy

President Xi Jinping and other Chinese leaders stressed the need for further reform to support economic activity and the country's ailing property sector, state media reported Tuesday, following a key meeting centred on boosting growth.

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