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The Latest Breaking News on Real Estate

Sadiq Khan promises 40,000 new London council homes if he wins third term

Mayor says May election will be ‘closest ever’ and says the contest is ‘once in a generation’ chance to tackle city’s housing crisis

The Guardian - UK

Senior planning official cleared of corruption claims

A NSW Liberal MP is being urged to apologise to a planning official cleared by the corruption watchdog after claims she tried to cash in on a housing overhaul.

AAP

Investor snaps up Hunter Street home of speakeasy bar Coal and Cedar

The building was last sold in 2012 for $325,000.

Newcastle Herald

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UK house prices rise by 1.5% in biggest increase for 10 months

Data from property website Rightmove finds average asking price has reached almost £370,000

The Guardian - UK

Packed meeting voices concern about manufactured home estates

The meeting was about two proposed estates in the city's west.

Newcastle Herald

Voters open-minded on investor tax break reform

One in five voters want negative gearing and the capital gains tax discount to stay the same, while three in five are open to reforming the tax settings.

AAP

Church of England accused of ‘acting like a loan shark’ over vicar’s widow falling £313,000 in debt

A church mortgage supposed to help clergy buy their own home has turned into a huge burden for a woman who paid interest for almost 29 years

The Guardian - UK

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Cash rate likely on hold in 'straightforward' call

No change in interest rates is expected when the Reserve Bank meets this week and the case to hike further will likely be discussed despite a weak economy.

AAP

Creatives are leaving London, and for the first time I understand why

Facing sky-high costs, it’s no wonder that struggling artists are opting for cities like Glasgow

The Guardian - UK

New firms bought crores of electoral bonds within months of formation

Newly incorporated firms in Chennai and Hyderabad bought electoral bonds worth crores of rupees within one to three years of starting operations.

The Hindu

Govt. allocates ₹130 crore for LIFE housing project

The Finance department has allocated ₹130 crore more for the State government’s LIFE housing project.

The Hindu

Cyberabad EOW unearths real estate scam of ₹7 crore

Cyberabad EOW arrests two men for real estate fraud of ₹3.56 crore, who promised high returns on investments.

The Hindu

Gov. Greg Abbott wants the Texas Legislature to rein in investors behind large-scale home purchases

So-called institutional homebuyers noticeably ramped up home purchases during the COVID-19 pandemic. But housing experts point out investors have retreated amid high interest rates.

The Texas Tribune

Your Home Selling Costs To Fall Following NAR Settlement

The standard 5% to 6% broker commission on home sales is about to become a thing of the past as the National Association of Realtors agrees to change rules.

Kiplinger

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Top News

Savannah Chrisley's Upcoming Projects And Family's Legal Battle

Savannah Chrisley's post-The Masked Singer projects include a documentary, reality series, and real estate business, with ongoing negotiations for the new ...

The Guardian - UK

UK company directors may be liable for climate impacts, say lawyers

Legal experts say directors could face personal claims for failing to consider how businesses affect nature

Newcastle Herald

Derelict home in Maitland sells for $270k after 327 days on market

'It was a home for pigeons'.

Newcastle Herald

Newcastle's Circular Quay no more: state cripples Honeysuckle plan

State's short-term planning vision for Newcastle has destroyed any hope for a remarkable Honeysuckle precinct

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Evening Standard

Illegal rave venue in Marylebone shut down after reports of 'thumping music' and 'public urination'

Unauthorised music events sometimes lasted more than 14 hours

The Texas Tribune

Texas sues Colony Ridge development for fraudulent real estate practices

Residents of the Houston-area development, who were maligned by Republicans last year, have complained about the developer for years.

Al Jazeera

What’s in the UK’s new definition of ‘extremism’

And how will groups deemed to meet the new criteria be sanctioned?

Kiplinger

Opportunity Zone Investing Still Hot Despite Looming Sunset

Tax incentives and rise of niche fund strategies make the qualified opportunity zone program an attractive way to grow tax-free wealth.

Newcastle Herald

Most expensive homes lead price growth in Newcastle and Lake Macquarie

The report analysed home value growth over the last quarter.

Newcastle Herald

All aboard: The Railway Hotel in Muswellbrook listed with $3 million guide

The hotel has two poker machine entitlements.

The Guardian - AU

Victoria looks to ditch car park minimums for apartments near public transport

Proposal under consideration aims to ease traffic congestion and speed up housing development

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