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The Latest Breaking News on Real Estate

Average UK house price increased by 1.1% annually in April

The house price figures were released as data showed that Consumer Prices Index (CPI) inflation slowed to 2% in May.

The Independent UK

Berkeley returns to build-to-rent market amid London housing shortage

Housebuilder aims to create 4,000 private rental homes in UK capital and south-east over next decade

The Guardian - UK

Uttar Pradesh: ED files second prosecution complaint in Shine City fraud case

The Enforcement Directorate (ED) filed a prosecution complaint in a Rs 1,000 crore alleged money laundering case against real estate firm Shine City, whose owner and officials have been booked by police in over 550 FIRs lodged across Uttar Pradesh, the agency said on Wednesday. Read further on Dynamite News:

Dynamite News

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Victoria's social housing plan fails to consider demand

Homes Victoria, which manages social housing, lacks a plan to target areas in the state with the highest level of demand, a report says.

AAP

Prosecutors try to link alleged bribes of Sen. Bob Menendez to appointment of federal prosecutor

Prosecutors at the trial of Sen. Bob Menendez are using the testimony of his former campaign manager to try to link alleged bribes of the Democrat to the appointment of New Jersey's top prosecutor

The Independent UK

Beachside and country surprise: Hunter's wealthiest suburbs revealed

Tax data shows the average income of each postcode.

Newcastle Herald

Inflation-wary Reserve Bank spells long wait for cuts

Stalling progress on inflation has the central bank on high alert as political sparring continues over the impact of state and federal budgets on prices.

AAP

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Deals beyond 'baseline' pay rise could fuel budget pain

Several unions want worker pay packets to rise beyond the NSW government's offer, but critics warn going further could hurt the budget for years.

AAP

What’s next for interest rates? Even RBA governor Michele Bullock admits she doesn’t know

The central bank’s latest statement has some wondering if another rate rise is on the cards – but Bullock says the situation is ‘complex’

The Guardian - AU

Fable 4 better have real estate mechanics so I can buy giant Richard Ayoade's house once I've defeated him

Opinion | Fable has a few iconic cornerstones, and I hope Playground Games keeps property ownership as one of them

GamesRadar

Scottish city revealed as top UK target for Middle East property investors

EDINBURGH has been revealed as the top UK target for Middle East property investors, according to industry experts ...

The National (Scotland)

Beware of Unsolicited Offers to Buy Your Property

If someone makes an offer on your property out of the blue, be careful. Sometimes these people are counting on you not knowing your property's value and will offer only a fraction of its worth.

Kiplinger

This is what every first-time buyer needs to know – according to property experts

Here’s how to get on the front foot of the housing ladder. By Sam Wylie-Harris.

The Independent UK

NSW state budget 2024: 30,000 new homes pledged amid ‘unprecedented intervention in housing market’

Housing is at the centre of an otherwise restrained state budget

The Guardian - AU

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Newcastle Herald

Newy Studio's purpose-built space makes a splash in the creative scene

Big names have booked the space for podcasts and photos.

Marie Claire

As the Battle Over Royal Lodge Rages On Between Brothers King Charles and Prince Andrew, Andrew Is Bringing In a “Secret Weapon” to Help Plead His Case

The fight over possession of the 30-room mansion on the Windsor Estate has dragged on for 18 months and counting.

StockNews.com

Secure Your Portfolio With These 3 High-Yield REITs

Given the consistent stream of dividend income that REITs provide amid rising prices, they are usually an attractive option for investors. Therefore, it could be wise to explore investments in robust REITs such as Ladder Capital (LADR), Alexander's (ALX), and Chimera Investment (CIM). Keep reading….

Newcastle Herald

Debt-free borrowers earning $100k struggle to secure a 500k loan in Newcastle

'Every rate rise equates to around $20,000 less that you can borrow'.

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news in one place.

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AAP

Rates on hold yet inflation risks remain on RBA's radar

The threat of inflation has not been neutralised and the Reserve Bank is still prepared to pull the trigger on another interest rate hike if needed.

The Conversation

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become “the most toxic issue” in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing – a finite resource in high demand at a time of crisis. Throughout Europe, housing shortages have become political battlegrounds, easily exploitable by right-wing,…

International Business Times

Treasury, IRS To 'Close Major Tax Loophole' To Bring $50 Billion In Government Coffers

The plan will focus on "related party basis shifting," which is typically used by related parties to increase deductions on assets or reduce future gains, thereby lowering the tax liability of the entities involved.

International Business Times

China's Property Sector Remains Lifeless And Factory Output Shows Dismal Performance

China's property market showed worrisome inactivity while factory output fell short of expectations.

AAP

Home-building surge in tight budget of 'must-haves'

Record spending on social housing has headlined the Minns government's second budget as the NSW treasurer blames GST changes for rolling deficits.

Evening Standard

London house prices remain flat — but can you guess the borough that's seen a 10% increase?

Rightmove’s index of asking prices reveals the latest trends, as house prices start to rise once more

The Guardian - UK

China new home prices drop at fastest rate in nearly a decade

Property glut holds down prices despite government attempts to revive market

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