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The Latest Breaking News on Real Estate

Ground rent not legally or commercially necessary, says UK watchdog

CMA says government may have to step in to protect leaseholders, as thousands in England and Wales remain trapped in contracts

The Guardian - UK

Sydney’s Wharf Apartment is a heritage maritime space that evokes a coastal holiday home

Lawless & Meyerson’s Wharf Apartment is a careful, contemporary residential transformation in Sydney’s Finger Wharf that taps into the property's historic character

Wallpaper

Twin reservoirs to the rescue of Hyderabad again

Hyderabad's twin reservoirs, Osman Sagar and Himayat Sagar, are crucial for city's water supply, ensuring no summer crisis.

The Hindu

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Newcastle unit numbers up, but Hunter region's home approvals take a dive

Total dwelling approvals in the Hunter fell 7.4 per cent in 2023.

Newcastle Herald

Interest rate rise unlikely after sluggish quarter of GDP growth, Australian economists say

Spending on Taylor Swift concerts defies pattern of consumers tightening their belts, with CBA predicting a September rate cut

The Guardian - AU

UK mortgage arrears rose 9.2% in 2023 last quarter amid ‘surge in borrowing costs’

Mortgage balances with some arrears at highest value since late 2016, Bank of England data shows

The Guardian - UK

Latino Homeownership Approaches 50% as Rates Continue to Climb in the U.S.

A new report by NAHREP reveals that there are now over 9.5 million Latino households owning their homes

Latin Times

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Mortgage rates: Bank of England reveals sharp rise in arrears as interest rate hikes hit homeowners

The £20.3 billion problem – home loans behind on payments up 50% year-on-year

Evening Standard

9 Tips to Successfully Rent Out Your Home

Many people don't want to sell homes with low mortgages, so a more attractive option is renting. There are many steps to make renting out your home work.

Kiplinger

American dream of owning a home is dead, majority of renters say

Exclusive: most renters surveyed by Harris Poll say the areas they live in have become so unaffordable they are ‘barely livable’

The Guardian - US

Jains WestMinster row | Madras High Court directs builder to disclose all details regarding its financial health

Madras High Court directs Jain Housing to disclose financial details and address safety concerns in Chennai residential towers.

The Hindu

House market slump hits Persimmon profit as south and east counties stay "weak"

Shares in the York-based firm fall after drop in annual profit and slowdown in completions

Evening Standard

Return of tower residents not 'mathematically possible'

Lawyers for the Victorian government say a plan to demolish and rebuild 44 public housing towers did not breach human rights despite failing to consult tenants.

AAP

Airbnb bans all indoor security cameras

Starting April 30, Airbnb is prohibiting all indoor security cameras in its listings. Previously, it allowed indoor cameras in common areas that were disclosed prior to booking and visible to guests.

WEKU

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WEKU

U.S. Housing Secretary Marcia Fudge will step down this month

Fudge, 71, is one of the few cabinet members to leave the Biden administration so far, and will return home to Ohio. She says affordable housing is a bipartisan challenge that needs more funding.

Evening Standard

'Housebuilding is no longer an industry just for men': meet the women lobbying to save a troubled sector

A new campaign is taking aim at part of the property sector’s pressing image problem

The Guardian - UK

Critics call time on 24-hour city claims by London mayor’s office

Health of UK capital’s nightlife questioned as trade body says pubs, clubs and restaurants are struggling

Marie Claire

This Marketing VP Swapped NYC for Gainesville, Florida to Afford a $250,000 Two-Bedroom Cottage

"I didn't want to 'wait' until I had a partner."

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Creative Bloq

I'm mesmerised by the new British Land identity

Brand evolution fuses AI, nature and design with stunning results.

The Guardian - US

Hundreds of Palestine supporters protest Israeli real estate event at New Jersey synagogue

Real estate company, called My Home in Israel, boasts luxury apartments for sale across Israel and the occupied West Bank

The Hindu

Act against real estate promoters in the Nilgiris: CEAN

CEAN urges action against violators of hill conservation building rules in Nilgiris, emphasizing protection of environment and tribal communities.

Evening Standard

Thousands of London homeowners to face double council tax payments in crackdown on empty properties

There are some 34,327 properties classed as "long-term vacant" in London, according to government data

AAP

House prices surge in years since pandemic

House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.

Newcastle Herald

Rural land battle over manufactured home estates

'People in Windella have paid quite a lot of money to live here.'

The Guardian - UK

Capacity crunch on National Grid is delaying new homes in UK by years

Council leaders warn of ‘infrastructure crisis’ that will also affect green energy schemes and hinder growth

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