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The Latest Breaking News on Real Estate

Tokyo's old fish market makes way for skyscrapers, glitzy stadium to woo global spenders

The site of Tokyo’s famed Tsukiji fish market left empty after it was razed six years ago, will be replaced by a waterfront stadium and glistening skyscrapers according to plans for its redevelopment

The Independent UK

House prices set to rise at slower rate than incomes, research shows

House price growth will ‘remain muted’ but property prices will remain generally unaffordable, Zoopla has said

The Independent UK

'Not open to negotiation': New homes face delays

Australia's housing minister has not said whether she believes having a home should be a human right, as a political gridlock delays building new homes.

AAP

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Court ruling suggests recent activity in federal investigation of Ken Paxton

Records don’t name the attorney general’s office, but their details line up with the accusations former top deputies made against Paxton.

The Texas Tribune

Rough sleeping in London hits highest level in a decade

Almost 12,000 rough sleepers were seen by outreach workers in 2023-24, a 19% increase on the previous year

The Guardian - UK

‘Hot rodent boyfriend’ is the latest trend reframing men’s looks – why can’t we extend this generosity towards women?

It seems as though at least once a year the internet creates a new category of unconventionally hot guys to thirst over – but this almost never goes in the other direction

The Guardian - AU

Rough sleeping in London hits new record high, with almost 12,000 street homeless in last year

The total number of rough sleepers in the capital is up 19 per cent on the previous year

Evening Standard

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Disabled woman 'trapped' in Bethnal Green flat and forced to crawl up stairs after lift breaks

Wheelchair user Abbi Brown, 31, ‘has been denied access to a working lift’

Evening Standard

Mortgage costs to jump for 3m more households, says Bank of England

The central bank stressed that UK lenders are still in a strong position to support households and businesses, even if the economic backdrop worsens.

The Independent UK

Premier courts 'city shaper' developers for housing fix

Private sector developers are being lobbied to help the NSW government tackle the state's housing crisis and prevent Sydney becoming a city without youth.

AAP

Labor’s build-to-rent bill knocked back in Senate as Coalition and Greens team up

Greens want 100% of build-to-rent properties to be affordable and Coalition says bill would just ‘give foreign fund managers a tax cut’

The Guardian - AU

Build-to-rent incentive plan hits opposition roadblock

The government's build-to-rent incentive program has been sent to an inquiry by the opposition and Greens despite a chronic shortage of rental homes.

AAP

It’s just as hard at 70 to buy your first home in Australia

I was facing the prospect of homelessness via the off-ramp of eviction – but I couldn’t get a loan and ended up not far from where I started

The Guardian - AU

Stock Market Today: Stocks Struggle for Direction on Inflation Concerns

Another hot inflation reading from overseas and some real estate weakness at home made for a choppy session.

Kiplinger

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StockNews.com

3 High-Yield REITs to Buy for Passive Income

With attractive features like diversification of portfolio, stable income flow, professional management, and potential for capital appreciation, investing in REITs can be suitable. Thus, it could be wise to invest in solid high-yield REITs Ladder Capital (LADR), Chimera Investment (CIM), and TPG RE Finance Trust (TRTX) for passive income. Continue…

AAP

'Whole series of data' before next rates call: RBA

The Reserve Bank's outlook on inflation is little changed and more data is needed to build a fuller picture of the economy, the deputy governor says.

The Guardian - US

Efforts to sell ‘Anglo neighborhoods in Israel’ at LA synagogue erupt in protests

Pro-Palestinian protesters accuse companies of trying to sell stolen land in the West Bank, and question legality

The Guardian - UK

‘Normal politics won’t stop it’: housing crisis dominates election in Hitchin

Gentrification is pricing out people from Hertfordshire town where voters are divided over plans to build new homes

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Evening Standard

Comment: 'Having your rental deposit held hostage? It's time we fought back'

We’re leaving £724 million a year on the table by letting landlords skim off the top for spurious charges

Kiplinger

Revocable vs Irrevocable Trusts: It Comes Down to Control vs Protection

With the threat of the estate tax sunset officially resolved, picking a trust is now a choice between long-term asset protection and tax-free basis step-ups.

Kiplinger

These Street Names Could Boost Your Home Value by Thousands

Living in a home with one of these street names could significantly increase the value of your property.

Evening Standard

Under the influence: Should you use a property influencer to sell your home?

Expert buying agent Camilla Dell understands the pressure sellers are under, but has some cautionary tales about putting your home on social media

Evening Standard

The great mortgage gamble: Is now the right time to buy a home — or should you wait for a rate reduction?

With mortgage market volatility and interest rates still high, many would-be buyers are facing the same dilemma — is now the right time to buy? The experts assess the options

The Guardian - AU

Australia’s inflation rises to 4%, stoking concern interest rates could increase again

The consumer price index increased to its highest level in 2024, indicating the Reserve Bank is unlikely to cut interest rates soon

AAP

Flipping good deal: property profits hit a 14-year high

More than 94 per cent of national home sales in the first three months of 2024 recorded a nominal gain, the highest profitability rate since 2010.

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