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The Latest Breaking News on Real Estate

RBA leaves official interest rate on hold fuelling hopes mortgage repayment pain has peaked

Reserve Bank leaves cash rate at 4.35% at its first board meeting of 2024 in a move that was widely anticipated by economists as inflation eases

The Guardian - AU

Beecher Terrace low-income housing tax credit program faces criticism

The article discusses the flaws and inefficiencies of the Low-Income Housing Tax Credit (LIHTC) program in the US and suggests alternative solutions.

Top News

DLR extension: TfL launch consultation to extend light railway to Thamesmead

TfL has said that the proposed route to Thamesmead could potentially be extended to Belvedere and beyond

Evening Standard

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This stacked monitor is a game changer for my home setup — here’s why

The Geminos T stacked monitor system started life as a Kickstarter project back in 2022

Tom’s Guide

It's rubbish: TikTok MP trashes 'lazy' youth cliche

One of Australia's most-followed MPs on TikTok says older generations are too lazy and careless to show up on the platforms youth use.

AAP

London leaver: 'my mortgage in Cheshire is just £400 a month compared to £1,200 on rent in Finsbury Park'

Luke McDowell had no money left over after rent living in London, but with his £175k house near Manchester he has plenty of disposable income

Evening Standard

Highfields auction results in suburb record $1.53m sale

There were 37 auctions scheduled in Newcastle and Lake Macquarie.

Newcastle Herald

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Where to buy in Hampshire: five of the best cities, towns and country villages for commuting to London

From the charming Cathedral city of Winchester to the village of Hartley Witney complete with its own duck pond, these Hampshire homes are still close to London

Evening Standard

Titans’ Ryan Stonehouse starting 2nd career as real-estate agent

Titans punter Ryan Stonehouse revealed he is starting a second career in real estate.

USA Today Sports Media Group

Developer discounts to help address housing supply woes

Apartment block developers will not have to pay $350 million in state government charges if they build medium density homes that help fix housing supply issues.

AAP

Australian housing approvals sink to lowest level in 12 years amid rising costs and planning delays

NAB survey finds construction costs and interest rates primary concern among borrowers, while developers cite lengthy approvals process

The Guardian - AU

China Monthly New Property Sales Plunge to Five-Year Low

The country’s 100 biggest developers took in $33 billion in January, down 34.2%, as the ailing sector continues to grapple with a liquidity crisis

Caixin Global

Trump CFO Allen Weisselberg potentially pleading guilty to perjury charge

Allen Weisselberg, former CFO of the Trump Organization, is reportedly in talks to plead guilty to perjury charges in relation to Trump's civil fraud trial...

Top News

Trump Organization CFO in talks to potentially plead guilty to perjury

Get the latest update on the ongoing investigation into the Trump Organization as the Chief Financial Officer, Alan Weisselberg, may potentially plead guil...

Top News

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International Business Times

China Economic Slowdown To Persist Through 2028: IMF

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.

AAP

Premier admits mistake over homelessness appointment

Appointing a former director-general to undertake a review of Queensland's response to homelessness was "not a good look", an apologetic premier says.

The Guardian - UK

Parents plead for help after girl, one, taken to hospital six times due to mould

Father of Dareen Nuru says they have been told to move out of south London flat but have nowhere else to go

Caixin Global

Weekly Must-Read: China’s Local Governments Paid Record $174 Billion in Bond Interest Last Year

Total is up nearly 10% from 2022, with outstanding debt climbing by 16% last year

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news in one place.

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Evening Standard

Architect Amin Taha puts 15 Clerkenwell Close up for sale with plans to fund a new project

After a lengthy planning battle in which the building's future was eventually secured, the architect hopes to move to an ambitious new premises

The Guardian - AU

Vacated Fitzroy tenants see their former apartments relisted for hundreds of dollars more

Renter given notice to vacate home in October says seeing the apartment relisted ‘really just pissed us off’

Top News

Inflation in Europe Eases, Boosting Speculation of Rate Cuts

Inflation in Europe eases to 2.8% in January, fueling speculation of interest rate cuts. The decline offers hope for a stagnant economy.

Evening Standard

Bank of England leaves interest rates on hold at 5.25%

City forecasters do not expect the first cut in the cost of borrowing until May or June

Kiplinger

Why Ground Lease REITs Are Building in Popularity

As more property owners in need of liquidity use ground leases to unlock capital, real estate investors could reap the rewards.

Newcastle Herald

Luxury lakefront home at Bolton Point eyes record-breaking price

The record sale price for a house in Bolton Point is $3.05m.

The Guardian - UK

Bank of England expected to hold rates and warn on inflation

Wage growth fears likely to make Bank policymakers wait before cutting interest rates from 5.25%

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