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The Latest Breaking News on Real Estate

US Election Top Risk To World No Matter Who Wins: Consultancy

The US presidential election will pose the greatest political risk to the world in 2024 no matter who wins, with institutions of the most powerful democracy certain to take a beating, the Eurasia Group said Monday.

International Business Times

Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners

Treasury Secretary Janet Yellen is announcing that 100,000 businesses have signed up for a new database that collects ownership information on firms intended to help unmask shell company owners

The Independent UK

Australian capital city rents up 13% over year as further hikes predicted for 2024 amid housing shortage

Housing advocates call for urgent reform to address growing crisis as capital rents hit average of $600 a week

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Buy? Sell? What six property experts say will happen in Newcastle in 2024

Property experts share their thoughts about the year ahead.

Newcastle Herald

The Ellinikon Athens, Greece: seafront homes at Europe's 'biggest real estate project' give golden visa rights

The development, on Athens' former international airport site, is three times the size of Monaco

Evening Standard

'I was evicted so my landlord could sell flat... then it was let out for more money'

WHILE others were enjoying the festive season, Barry Liddell was finishing his 12-hour shifts and then packing up his belongings after being told to…

The National (Scotland)

Property tax payment rules to be amended to provide more time to pay penalties

Deputy Chief Minister D.K. Shivakumar announces plans to amend laws to allow more time for payment of property tax penalties & simplify payment processes.

The Hindu

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Trump’s tale of business genius could meet sorry end in New York fraud trial

The ex-Apprentice host projected an image of success but the outcome of the case could be a death blow to his companies

The Guardian - US

Unit owners in Sydney’s Mascot Towers offered chance to wipe debts years after defects found

The Guardian - AU

Real estate interests seek to block ‘Bring Chicago Home’ referendum

A coalition of real estate and development groups filed suit Friday seeking to knock the binding referendum off the ballot, calling it an example of “log-rolling,” a legislative tactic of combining a politically unpopular proposal with popular one so voters will swallow the bitter pill.

Chicago Sun-Times

New York State Seeks $370 Mn From Trump In Fraud Case: Court Filing

New York's attorney general is seeking $370 million from former president Donald Trump in a fraud case which has seen the real estate mogul accused of inflating the value of his properties, court documents showed Friday.

International Business Times

Trump should pay $370m and be barred from New York business, state AG argues

Letitia James submits final briefs before closing arguments in a case that imperils his business empire

The Independent UK

Americans living in their cars are finding refuge in ‘safe parking lots’

Municipalities and non-profits are establishing secure lots to address the rising number of people who live in cars or RVs

The Guardian - US

'Just fix it!': Why Portugal's housing crisis keeps getting worse

In Portugal, the home ownership rate among young people has plummeted by 50% over two generations, leaving Portugal's youngest with little choice but to struggle to find financial independence or leave the country.

France 24

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The Guardian - AU

The Greens ring in the new year with a new fight over Australia’s housing crisis

Adam Bandt signals new rent freeze push and criticises ‘tax cuts for billionaires’ as Labor aims to get ‘help to buy’ scheme through parliament

Evening Standard

Average London house price down £12,000 in 2023, but 'crash' predictions proven wrong

Some economists thought London house prices could fall by as much as 10%

Evening Standard

Primrose Hill: from glittering A-list hangout to battleground for public safety?

Primrose Hill exploded in popularity over lockdown. Now the tragic death of a teenager leaves residents searching for answers on how to make their park safe for everyone

Chicago Sun-Times

When college students have no home, it’s up to their schools to step up

Research from fall 2020 found that 43% of students at four-year institutions were experiencing housing insecurity and 14% were experiencing homelessness. Illinois is addressing the problem.

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The Guardian - UK

How we turned our chilly terraced house into a joyful and exciting home

Inspired by the artist Donald Judd, we focused on colour, pattern and texture

The Independent UK

Mapped: The highest and lowest average house prices in the UK at the end of 2023

Halifax’s House Price Index says property values increased by 1.7 per cent across the board in 2023, although some regions recorded a significant drop

The Independent UK

Europe's inflation is up after months of decline. It could mean a longer wait for interest rate cuts

Inflation is on the rebound in Europe

The Guardian - UK

UK house prices rise again but Halifax forecasts up to 4% drop in 2024

Growth rates driven by shortage of properties on market, says mortgage lender, with typical home worth £287,105

The Independent UK

Average UK house price ended last year £4,800 higher than at end of 2022 – index

The typical UK house price in December 2023 was £287,105, up from £282,305 in the same month a year earlier, Halifax said.

The Guardian - UK

US economy adds more jobs than expected; eurozone inflation rises to 2.9% – as it happened

US unemployment rate remains at 3.7% against expectations of an uptick; however jobs increases in November and October are revised lower

AAP

UN tips slow and steady inflation progress in Australia

The United Nations says the world economy is in for another tough year, with Australia and other developed economies in Asia facing strong headwinds.

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