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The Latest Breaking News on Real Estate

Green shoots for consumer mood burnt by cost-of-living

Confidence is gradually returning to consumers, with interest rate hikes broadly off the table and tax relief helping to beat the blues.

AAP

SNP warned not to water down commitment to tenants' rights

THE SNP have been warned they must not water down their commitment to tenants’ rights and rent controls...

The National (Scotland)

The people of Grenfell knew the truth before the fire. It’s we who must learn from them now

The inquiry’s report has increased the anger, not least of a younger generation that wants justice and won’t be silent, says playwright Gillian Slovo

The Guardian - UK

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A hurricane-damaged Louisiana skyscraper is set to be demolished Saturday

An abandoned 22-story-building in Louisiana that has become a symbol of the destruction inflicted by back-to-back hurricanes in 2020 is set to be demolished

The Independent UK

Why are the Murdochs trying to buy UK property site Rightmove?

Eldest son Lachlan may want to repay Rupert for bid to hand him full control by protecting UK newspaper empire

The Guardian - UK

3 REITs to Buy for Inflation-Protected Income

As real estate usually appreciates in inflationary climates, REITs are the most feasible way to invest. Therefore, it could be wise to explore investments in robust REITs such as American Tower (AMT), Gaming and Leisure Properties (GLPI), and Simon Property Group (SPG) for inflation-protected income. Keep reading….

StockNews.com

Ben Stiller reveals why he stopped taking lead roles for seven years

Actor has primarly been producing and directing for the last seven years

The Independent UK

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Trump pledges to ban mortgages for undocumented immigrants, claims they're driving up housing costs

According the Urban Institute, out of more than 3.4 million mortgages issued in 2023, less than 6,000 went to undocumented individuals

Latin Times

Labour moves to end no-fault evictions within months

Exclusive: Renters’ rights bill including ban on section 21 evictions to have its first Commons reading next week

The Guardian - UK

Average UK house price hits two-year high amid ‘positive summer’ for market

Halifax said it expects house prices ‘to continue their modest growth through the remainder of this year’.

Evening Standard

UK house prices hit two-year high as market recovers from Truss mini-budget

Average cost of property rose 0.3% to £292,505 in August, says Halifax, after ‘largely positive summer’

The Guardian - UK

Untouched parts of England’s green belt at risk amid housing target pressure

Exclusive: Campaigners accuse ministers of making misleading promises about protecting green belt sites

The Guardian - UK

Cladding assessments in Scotland to be finished by end of autumn, says minister

THE Scottish Government’s housing minister has said he hopes the assessment of buildings with potentially combustible cladding will be finished…

The National (Scotland)

House prices rise at fastest rate for almost two years says Halifax

But London still lags with annual price increases of just 1.5%

Evening Standard

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Newcastle Herald

University reveals plans for $87m nine-storey student accommodation in CBD

UoN says it will take pressure of the rental market.

AAP

Three open police investigations over CFMEU allegations

A former union leader won't face charges over visits to government building sites, although Victoria Police is considering charges over alleged CFMEU fraud.

The Independent UK

The New Jersey developer convicted with Bob Menendez pleads guilty to bank fraud

A New Jersey real estate developer convicted alongside Democratic Sen. Bob Menendez has pleaded guilty to a separate bank fraud charge

Crikey

Bullock doubles down on interest rates

RBA governor Michele Bullock is standing by her board’s interest rate decisions, and Donald Trump and Kamala Harris agree on a set of rules for next week’s presidential debate.

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Kiplinger

10 Housing Markets That Could Benefit First as Mortgage Rates Drop

These are the top 10 metro areas where the most mortgages are unlocked by lower rates. Plus, the magic number for mortgage rates.

The Guardian - UK

Stop treating social housing tenants like children, ombudsman tells landlords

Richard Blakeway tells social housing leaders to ‘see people, not problems’ after Grenfell inquiry’s report into disaster

Evening Standard

Brixton Market is put up for sale and could fetch at least £80 million

US owners have instructed agents Savills and Bruce Gillingham Pollard to find a buyer

Salon

Harris plan could impact housing crisis

With homeownership increasingly out of reach, the stakes for fixing the nation's broken "wealth escalator" grow

The Guardian - UK

Dining across the divide: ‘I said that in my idealistic communist utopia, all housing would be owned by the state’

They found common ground on Margaret Thatcher and Jeremy Corbyn, but clashed on questions of taxation and housing

Evening Standard

'Jail the Grenfell culprits': Families call for manslaughter charges over tower blaze

Any court cases are only expected to start in 2027, a decade after fire ripped through Grenfell Tower in the deadliest housing scandal in Britain’s history

The Guardian - UK

Starmer and Reeves need to find ‘escape route’ from winter fuel payments row, says Ed Balls – as it happened

Former Labour shadow chancellor says ministers need to find a way to stop controversy over means testing destabilising government

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