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The Latest Breaking News on Real Estate

Supply shortages and mortgage rate rises push UK rents to highest point ever

Average rental property receives three times more enquiries from prospective tenants than in 2019

The Guardian - UK

Trump "noisily complaining" at trial

"I can't wait to see how long the judge puts up with Trump's steady stream of kvetching," says ex-prosecutor

Salon

Donald Trump drops off Forbes 400 list of wealthiest people in the US

He’s $300m shy of the cutoff, according to the magazine, though with an estimated $2.6bn he’s got plenty of pocket change

The Guardian - US

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

Renters hit affordability limit as pace of growth eases

Australian renters are getting closer to the maximum they can afford, with as many as 70,000 rentals needed to bring the market into a healthier balance.

AAP

Victorian treasurer admits sparking tax firestorm

Victorian Treasurer Tim Pallas concedes he created a "firestorm of interest" when he announced tax reforms directly to the development industry.

AAP

New Homes Awards 2023 winners: from Scandi eco-homes to affordable first-time buyer flats and luxe penthouses

After months of anticipation, take a closer look at the champions setting the standard for house-building excellence in the capital, who were honoured at the Evening Standard’s annual awards

Evening Standard

Housebuilding companies saved billions from Tory delays to low-carbon rules

Exclusive: Almost £40m given since 2010 as government delays to low-carbon regulations save builders and developers billions

The Guardian - UK

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Massive Wallsend seniors living complex back on the table

The development includes 237 units and a childcare centre.

Newcastle Herald

Mayor Brandon Johnson establishes city’s first chief homelessness officer

The move comes a day before a public hearing before the City Council on the mayor’s proposal to raise the real estate transfer tax on high-end home sales to create dedicated funding to combat homelessness.

Chicago Sun-Times

More investment in social housing could save £1.5bn annually – study

A report led by researchers from University College London also calls for an end to right-to-buy in England for all future social housing.

The Independent UK

Inflated rents, high interest rates and lack of supply create European housing crisis

Soaring costs across the EU are pricing out renters, deterring prospective buyers and preventing new homes from being built. As Europe’s housing crisis grows, so do homelessness rates across the bloc. What are the solutions to Europe’s housing crisis?

France 24

Florence bans new Airbnbs and other holiday lets to free up housing for locals

Airbnb listings in the Tuscan capital have reportedly soared by more than 140 per cent in seven years

Evening Standard

DLF to invest Rs 1,700 cr for new shopping mall in Gurgaon

NEW DELHI: Realty major DLF is likely to start construction of its new 25 lakh square feet shopping mall in Gurgaon this quarter at a cost of around Rs 1,700 crore to expand business amid surge in demand for quality real estate space from retailers.

The Times of India

Is a Living Trust the Right Choice for Your Estate Plan?

A living trust protects your loved ones and simplifies your estate. Sometimes called a "revocable trust," it can avoid the cost of probate.

Kiplinger

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Salon

Thank AOC for Trump's fraud case

Progressive firebrand's first big win: Exposing Trump's fraud so Letitia James could bring down his company

The Independent UK

Housing association apologises after delay in dealing with damp and mice

The ombudsman’s investigations have prompted a review by the A2Dominion Group of 5,000 past cases.

AAP

Tax on empty homes and vacant land to free up housing

A little-known tax will be broadened to push Victorian landowners to build on or sell empty blocks as the government seeks to boost housing supply.

AAP

Lending to buy homes lifts as prices continue comeback

More investors and owner-occupiers took out new housing loans while dwelling approvals also improved a little in August.

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news in one place.

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The Guardian - AU

Victoria to expand vacant residential land tax across state in bid to increase housing supply

The surprise announcement came on the first day of parliament since Jacinta Allan became premier

The Independent UK

China Evergrande soars after property developer's stocks resume trading

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

The Guardian - AU

RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

New RBA governor, Michele Bullock, warns Australia isn’t out of the inflation woods and further interest rate rises remain on the cards

Al Jazeera

Key takeaways from the first day of Donald Trump’s civil fraud trial

Testimony in Manhattan court begins, with Donald Bender, longtime accountant for Trump, as the state’s first witness.

Zenger

Trump Faces Civil Fraud Trial As Legal Troubles Mount

Former President appears in court for business dealings as he campaigns for 2024 election

The Guardian - UK

Is HS2 destined for the rubbish heap or could its northern leg be saved?

Furious city mayors make a plea for the project north of Birmingham amid ugly scenes at Tory conference

Salon

Witness list spells trouble for Trump

"Both men would be able to recount any alleged wrongdoing from a firsthand perspective," attorney says

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