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The Latest Breaking News on Real Estate

Average asking price for a UK home tumbles by £7,000 in December

Across Britain, average asking price for home coming on market falls by 1.9 per cent or £6,966 in cash terms this month

The Independent UK

Auction wrap up: Whitebridge home sells $240k above guide

'It was interesting because the feedback wasn't at that level.'

Newcastle Herald

Falling Inflation Shifts Focus To When ECB Could Cut Rates

With inflation dropping faster than expected and the economic outlook darkening, markets will be looking for clues about when eurozone borrowing costs might start to come down as rate-setters meet this week.

International Business Times

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North Sydney mayor says Minns government overriding planning protections like a ‘totalitarian’ regime

Zoë Baker hits back after premier accuses Sydney councils of employing ‘strategies to stop all development’

The Guardian - AU

'Nothing More To Say': Trump Cancels Plan To Testify In NY Fraud Trial

Donald Trump changed his mind about testifying in his own defense in his New York fraud case on Monday, he said, announcing that he will not take the stand as expected because he has "nothing more to say."

International Business Times

Average asking price for home in UK drops by £7,000 in December

Prices usually decrease at this time of year but fall is greater than 20-year average owing to high mortgage rates, says Rightmove

The Guardian - UK

London house prices tumble by over £6,200 in December

House prices in the capital have fallen another 0.9 per cent since last month as sellers try to attract buyers

Evening Standard

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Average price tag on a home tumbles by nearly £7,000 in December

Across Britain, the average asking price for a home coming on the market fell by 1.9% or £6,966 in cash terms this month, Rightmove said.

The Independent UK

Levies proposed for new developments to fund affordable housing

The proposal aims to boost supply of affordable homes.

Newcastle Herald

IT Expressway: where tallying infra and investment is a tall task

The Hindu

Affordable housing development set for North Lawndale groundbreaking

Grace Manor, with 65 apartments, is expected to be completed in 2025.

Chicago Sun-Times

Lights, Camera, Century! Hollywood Sign Hits 100

The nine-letter sign is officially a centenarian but, as with many an aging grande dame in Hollywood, looks as fresh as ever.

Latin Times

How one English town fought cookie-cutter housing by daring to dream a different future

The people of Frome, in Somerset, weren’t ready to have their heritage built over with the same cheap developments that bedevil much of the UK, says Guardian columnist John Harris

The Guardian - UK

Government to toughen scrutiny of international students as it slashes net migration over two years

Australia’s net-overseas migration levels will be cut dramatically over two years to bring the country’s exploding intake back to sustainable numbers.

The Conversation

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The Guardian - UK

Bank of England, Fed and ECB poised to leave interest rates on hold

Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

The Guardian - UK

One in 10 children in parts of London are ‘effectively homeless’, data shows

Number of under-18s living in temporary accommodation in England reaches 139,000 with most from families in the capital

The National (Scotland)

Villagers in historic garden suburb furious over plans to 'destroy' park

FURIOUS villagers living in Scotland’s only garden suburb have slated a council over plans to rebuild a primary school on a treasured green space.

AAP

Tax hikes for foreigners investing in Australian homes

Australia will hike taxes and fees for foreign investors who buy existing houses and leave them empty in a bid to address housing stocks.

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Newcastle Herald

Tale of two cities: $4m gap between dearest and cheapest streets

See the full list of the most expensive and most affordable streets.

Cinemablend

Todd Chrisley Finally Broke His Silence On Prison And Made Claims About The Food, Being Photographed While He Was Sleeping And More

Todd Chrisley is finally speaking for himself amid his imprisonment, and he made several accusations.

Evening Standard

10 of London's most expensive uber rentals to let now for as much as £100k per month

Ultra-high-net-worth individuals are now more likely to rent than buy in the capital. These top-of-the-market lets might tempt them to move in

Evening Standard

Pick up in activity in central London's prime housing market, figures suggest

Prime central London has become the latest part of the housing market to show signs that industry pains are easing, after a tumultuous period since the fallout from the 2022 mini-Budget.

International Business Times

US Home Affordability Drops To Lowest Level On Record

Home affordability in America dropped to a record low in 2023, according to a report from the real estate brokerage firm Redfin released Thursday.

The Guardian - AU

Liberals need to reconsider negative gearing and housing policies, outgoing Victorian MP Matt Bach says

Former frontbencher says the Coalition has an opportunity to win over Millennials and Gen Z voters struggling to enter the housing market

Evening Standard

“Squeeze set to get worse” as rents set to outstrip housing benefits 14% by 2025

The Chancellor’s temporary measures will do little to help the rent, cost-of-living and homelessness crisis, warns action group

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