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The Latest Breaking News on Real Estate

House prices in the Home Counties commuter belt slashed as buyers boomerang back to London

London house price growth outperformed the Home Counties last year, although £1 million plus properties across the south east saw reductions in asking prices

Evening Standard

'Let the park brake off': councillor frustrated with decision paralysis

'We don't need to go behind closed doors and powwow in every single instance.'

Newcastle Herald

Premier backs bureaucrat's appointment to housing post

Senior bureaucrat Jeroen Weimar will lead the rollout of the Victorian housing statement, with the premier insisting she didn't make the appointment.

AAP

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NSW planning laws 'intolerable' for lifting home builds

Reforms to increase housing density in NSW urban centres face council opposition as the premier insists they will still have a say in dual-occupancy changes.

AAP

Council plans to slash red tape and release handbrake on housing

Infill housing could be the solution to the region's housing crisis.

Newcastle Herald

Carrot for home buyers could deliver stick to investors

A bid to give hopeful homeowners a foot in the door could be in danger unless Labor takes steps to scale back property investor tax breaks.

AAP

Private tenants in Scotland ‘face big rent rises and mass evictions’ from April

Campaigners say renters served notices of increases of 30% to 60% in advance of cap and other emergency protections ending

The Guardian - UK

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Property investors won't lose tax deductions: Treasurer

Treasurer Jim Chalmers says property investors will continue to enjoy their tax breaks, while ruling out the prospect of changes to negative gearing.

AAP

Failure to solve housing crisis will threaten UK democracy, says Michael Gove

The Housing Secretary said young people could turn to authoritarianism without solution to housing crisis

Evening Standard

Climate-crisis deniers sought for exclusive Florida residence. Private ark essential

Gordon Pointe is going for a snip at $295m – but set in a location particularly vulnerable to sea-level rises, buyers should beware

The Guardian - UK

House in High Park is a Toronto home to be discovered slowly

House in High Park by Ian MacDonald Architect is a new-build home in Toronto that takes a problematic plot and transforms it into an exhilarating, contemporary residence

Wallpaper

Karnataka High Court flooded with petitions questioning legality of BBMP’s notices demanding additional property tax from owners citing underpayment

Property owners in Bengaluru are challenging notices from the BBMP for underpaid property tax, leading to court interventions.

The Hindu

Lawyers, loved ones and ‘stupid fights’: the perils of buying a house with friends

For single Australians, teaming up with a friend or relative might be the only way on to the property ladder. But shared home ownership can strain relationships

The Guardian - AU

‘We always dreamed of building our own house – so we did’

How architect duo Surman Weston created a striking family home – complete with a greenhouse on the roof

The Guardian - UK

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The Hindu

ED launches searches on promoters of real estate firm in TN

Enforcement Directorate conducts searches on real estate promoters in Chennai for alleged money laundering; bribery case registered.

Newcastle Herald

Inside the luxury Belmont mansion listed with a multi-million dollar price tag

The home's floorplan spans 825 square metres.

The Hindu

Housing scam in Hyderabad lies buried for over a decade since vigilance inquiry

A scam in the Housing department involving private developers remains unresolved, with no action taken against them.

AAP

Claims of govt insider trading "distressing": Minns

Allegations a NSW planning official used sensitive information to buy a house in an area slated for re-zoning have been referred to the corruption commission.

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The Guardian - AU

NSW planning official referred to corruption watchdog Icac over house purchase allegation

Liberal MP Alister Henskens used parliamentary privilege to accuse unnamed bureaucrat of using inside knowledge to purchase property for potential profit

The Guardian - UK

Renters in England face rising no-fault evictions as reform bill delayed again

More than 26,000 section 21 notices issued in five years since ban was announced, while social housing stock has plummeted

Evening Standard

Leasehold reform: 'forfeiture remains the most mafia-like element of leasehold law'

Attention has been drawn to the practice after a post on social media from a Londoner who faces having her flat taken away from her

The Guardian - UK

Expensive and loathed, ‘the Slab’ will be a terrible monument. It’s being called Gove Towers and he deserves it

The London megabuilding given the go-ahead this week is a giant symbol of profit over community, says Guardian columnist Simon Jenkins

AAP

High-rise hopes to fix housing squeeze in the regions

Offering more medium to high density housing in the regions would ease housing shortages and attract essential and other key workers, a summit has heard.

The Guardian - UK

In the year of the dragon, will China breathe fire into its deflating economy?

Plunge in consumer prices has sparked calls for a stimulus package – yet Beijing may still stick to the new normal of lower growth

The Guardian - UK

UK lender offers long-term mortgages that cut rates over time

April Mortgages’ Dutch-style loans attract attention but are currently only for remortgaging

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