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The Latest Breaking News on Real Estate

UK house prices steady in April as higher mortgage rates bite

First-time buyers targeting smaller properties, with flats closing ‘growth gap’ on houses, says Halifax

The Guardian - UK

LockBit ransomware group’s leader unmasked and hit with sanctions; UK house prices inch higher– business live

Leader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say

The Guardian - UK

Savills says UK house prices will rise this year in U-turn on earlier forecast

Lower mortgage rates prompt property firm to change its outlook from 3% drop to a 2.5% increase

The Guardian - UK

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Rates on hold but RBA 'vigilant' to inflation risks

Mortgage holders have been spared more interest rate pain but emerging inflation risks have the Reserve Bank on high alert.

AAP

22-Year-Old Showcases Life After Building His Own House On Caribbean Island For Under $4,000

"There's more to life than going to work Monday to Friday. You just need to figure out a way to escape the 'rat race' that will work for you." The post 22-Year-Old Showcases Life After Building His Own House On Caribbean Island For Under $4,000 first appeared on Bored Panda.

Bored Panda

Considering Purchasing and Renting a Property in Italy?

Owning a property in Italy where you can stay when you visit and rent out when you’re not there requires very careful planning.

Kiplinger

Luxury redefined: Discover the priciest streets from Miami's Brickell to Midtown Manhattan

As tenants are looking for a return-to-office post-pandemic, they are looking for luxury spaces across the country, driving rent up in its streets

Latin Times

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Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns

Unaffordable rents and property prices risk becoming a key political battleground across the continent

The Guardian - UK

Conflict of interest concerns raised over MEPs’ second jobs

Seven out of 10 have outside work with six earning more with work than as parliamentary representatives, analysis shows

The Guardian - UK

‘Everything’s just … on hold’: the Netherlands’ next-level housing crisis

Amsterdammers find themselves at the nadir of a Europe-wide housing shortage. But some bold initiatives offer hope

The Guardian - UK

Higher costs and cramped conditions: the impact of Europe’s housing crisis

Affording a home has become a political issue as rents and prices soar and supply plummets

The Guardian - UK

Spotlight on RBA after concerning inflation data

No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest.

AAP

Capacity crunch: why the UK doesn’t have the power to solve the housing crisis

Our inadequate electricity network is stopping the building of thousands of new homes. And the necessary move to low-carbon heating and cars is only increasing demand

The Guardian - UK

Should the Bank of England cut interest rates with Britain’s economy in bloom?

The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon

The Guardian - UK

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Wallpaper

Cubitts Mercer Street in New York is a moody ‘treasure box’ of depth and drama

Cubitts Mercer Street opens in New York to a concept by London-based studio Tutto Bene, offering sleek details and moody design

FourFourTwo

Former Newcastle United legend named manager of recently relegated non-league club

The 49-year-old spent eight years at St. James' Park, scoring 48 goals

USAFacts

What kinds of property crime are on the rise?

The national property crime rate increased in 2022, driven by rising larceny and motor vehicle theft rates.

The Guardian - AU

Homeless women and children offered car park to sleep in through NSW pilot program

NSW homelessness minister acknowledges program is direct response to housing crisis but says ‘it’s not acceptable this is what we have come to’ for those fleeing domestic violence

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The Guardian - AU

Residents to continue fighting demolition of Melbourne public housing towers despite court setback

Pledge comes after Victoria’s supreme court dismisses residents’ class action against government, saying it has ‘no real prospect of success’

AAP

Second chance for tower residents after case dismissed

A judge has dismissed class action by Melbourne public housing tower residents against the Victorian government, but will allow them to reframe their case.

The Guardian - AU

Morning Mail: housing crisis to worsen, ads to tackle misogyny, Stella winner announced

Government expert council warns on supply shortfall in first state of the market report; parents to urged to check children’s online viewing habits

Evening Standard

London house hunter hotspots: can you guess the trendy areas where would-be buyers can't get enough?

Three wildly different areas, some beloved by celebs, have seen buyer enquiries double

Evening Standard

Silicon Roundabout is still the spiritual home of London tech 15 years on

Rents for good quality space around the Old Street’s tech cluster have increased by 70% in the last 15 years

The Guardian - AU

Australia’s housing crisis to worsen with ‘significant shortfall in supply’, Labor’s expert council says

Report predicts numerous factors, including migration, mean housing affordability and inequality, will continue to deteriorate

The Guardian - UK

OECD forecasts will be blow to Sunak’s claims UK economy is improving

UK’s growth will be least in G7 by 2025, OECD expects, as low business investment and multiple pressures bear down

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