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The Latest Breaking News on Real Estate

US unions target the housing affordability crisis as their ‘biggest issue’

Organized labor across the country is now setting its sights on housing costs as rents and mortgages continue to soar

The Guardian - US

Ruling expected in Donald Trump’s $370m New York fraud trial

Judge delayed ruling to set fine in trial over Trump’s New York business dealings after late-breaking information came to light

The Guardian - US

Amid high rents, eviction filings in major Texas cities soar above pre-pandemic levels

Legal aid groups and housing advocates say there simply aren’t enough lawyers to keep up with the sheer volume of eviction filings.

The Texas Tribune

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Urgent Need for Rent Help? Here's Your Guide to Assistance Programs

Everything you need to know about federal and local rent relief programs

Latin Times

Segro eyes 50% rise in rental income as London leads rebound

Real estate investment trust’s stock tops the FTSE 100 after it says drop in sectors net asset values is bottoming out

Evening Standard

Two Home Insurers Eye Rate Hikes Of More Than 50% In Florida

Home insurance costs are rising in Florida and other states due to severe weather, higher repair costs and elevated reinsurance premiums, Allstate says.

Kiplinger

"New housing solutions" highlighted as 30 architect-designed homes shortlisted for the Riba London Awards 2024

The annual Riba London Award 2024 has shortlisted 76 projects

Evening Standard

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We must unlock a build-to-rent revolution in London to help house our young people

Planning reform is urgently needed before Michael Gove’s stark warning about the threat to democracy comes true

Evening Standard

Greens’ plan to axe tax concessions would see house prices fall, Max Chandler-Mather says

The party’s housing spokesperson says that while ‘big decreases’ are not desirable because of threat of negative equity, they see a 2.5% cut as ‘not much’

The Guardian - AU

Mortgage chaos: 'Interest rates put our shared home on hold. Now we can't wait to build a life together'

Interest rates kept them apart last year, but this couple hope easing inflation will make their dream real in 2024

Evening Standard

Could vacant office spaces across the U.S. be the solution to a national problem?

A recent study calculated that about a fifth of U.S. office space was vacant at the end of last year. What is the fate of all this empty real estate?

WEKU

Comment: 'Building on the green belt is a political grenade. Gove should have pulled the pin'

Gove’s consultation for building on brownfield and more office-to-resi conversions will barely scratch the surface of the housing crisis

Evening Standard

NSW needs 'strong' measures to stop short-term rental money train

'Some are getting $300 or $400 a night instead of $700 a week.'

Newcastle Herald

Council plans to loosen reins on rules to combat housing crisis

It's hoped the Lake Mac proposal will increase housing diversity.

Newcastle Herald

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The Hindu

Udhayam Theatre may down shutters

Udhayam Theatre in Chennai's Ashok Nagar may be sold to a real estate firm, sparking nostalgia among locals.

Evening Standard

London house prices: only five boroughs have seen property prices increase — is yours one of them?

House prices in the capital were down almost five per cent on average year-on-year

AAP

NSW mulls levy on Airbnb rentals to fix housing crunch

A levy on Airbnb-style short rentals is one option being considered by the NSW government to help address the worsening lack of housing options.

The Guardian - AU

Nearly 100,000 NSW homes not being used for long-term housing, figures show

Housing review finds 33,000 homes, including Stayz and Airbnb listings, are registered as non-hosted short-term rentals

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The Guardian - AU

Rebuilding of Melbourne heritage house on cards as police investigate fire at the property

Boroondara council moves to order the rebuilding of Shenley Croft as condition for any bid to develop the property

The Guardian - AU

The awful truth at the heart of Australian housing policy

Negative gearing and the capital gains tax discount were either meant to improve affordability and failed – or their purpose was in fact the opposite

The Guardian - UK

Signs of UK housing market recovery as price falls ease

Price of average property decreased by 1.4% in 12 months to December, says ONS

The Guardian - UK

Old Paris balconies ‘pose risk to crowds watching Olympics opening ceremony’

Authorities consider inspection of all buildings lining River Seine route after property warnings

Evening Standard

London house prices fell in 2023, but predicted 'crash' didn't happen

According to Land Registry data, the average London house price was £508,000 in December 2023

AAP

Planning boss denies corrupt 'property syndicate' claim

A senior planning official denies allegations she tried to cash in on a major housing overhaul as the matter is referred to the NSW corruption watchdog.

AAP

Housing boom needs to mirror post-war action: minister

The NSW government is spruiking its planned zoning changes to the industry after objections from some local councils signalled a looming housing battle.

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