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The Latest Breaking News on Real Estate

Bank of England leaves interest rates on hold at 5.25%

Monetary Policy Committee decision means that there is no chance of a cut in borrowing costs before August

Evening Standard

No fall in interest rates despite inflation hitting 2% target, Bank of England announces

No relief for borrowers as Bank of England base rate to remain at 5.25 per cent at least until August

The Independent UK

Build 90,000 social homes a year to stop homelessness ‘cliff edge’, over 50 charities write

Exclusive: Major parties urged to make ending homelessness a priority in the next government

The Independent UK

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No-cause evictions have the potential to hurt renters – with little gain for good landlords

Housing security for New Zealand’s 1.7 million renters could be threatened if the Residential Tenancies Amendment Bill becomes law.

The Conversation

Labour under pressure to be more radical about reforming private renting

Campaigners fear current plans will allow landlords to find new ways to evict tenants if party wins power

The Guardian - UK

What is Private Mortgage Insurance and How Does It Impact Buying a Home?

It's been hard to avoid private mortgage insurance in an era of rising home prices and higher mortgage rates.

Kiplinger

One in four Latino households in Houston earned enough to buy a median-priced home in 2023

According to the Houston Association of Realtors, Latinos rank dead last among all ethnic groups, followed closely by Blacks

Latin Times

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Australian house prices expected to spike again

Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.

AAP

3 Diversified REITs to Boost Your Portfolio Returns

With offerings like a stable income stream, risk mitigation, and potential for capital appreciation, investing in diversified REITs can appeal to different types of investors. Thus, it could be wise to invest in top diversified REITs Lamar Advertising (LAMR), Daito Trust Construction (DIFTY), and Ladder Capital (LADR) to boost your…

StockNews.com

US Billionaire Eyes TikTok Takeover To Save Internet From Big Tech

Frank McCourt, a US real estate billionaire, aims to buy TikTok to rescue the internet from the clutches of major platforms that he firmly believes are destroying society and endangering children.

International Business Times

Average London house prices down 4% annually in April — could cheaper mortgages be ahead?

The house price figures were released as data showed that inflation slowed to 2% in May.

Evening Standard

London property giant Iacobescu to retire after 36 years at Canary Wharf

The 78 year old was the first Romanian born British citizen to be knighted in 2012.

Evening Standard

How do interest rates affect inflation and mortgages?

Hopes have been raised that lower levels of inflation will mean interest rates cuts and in turn lower mortgage costs

The Independent UK

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

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The Guardian - 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

Dynamite News

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:

AAP

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.

The Independent UK

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

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news in one place.

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Newcastle Herald

Beachside and country surprise: Hunter's wealthiest suburbs revealed

Tax data shows the average income of each postcode.

AAP

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

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.

The Guardian - AU

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’

GamesRadar

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

The National (Scotland)

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 ...

Kiplinger

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.

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