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The Latest Breaking News on Real Estate

Easing inflation takes heat off interest rate rises

Cooling inflation figures have improved the chances of the Reserve Bank keeping interest rates on hold.

AAP

Cook County property tax tool shows owners where their tax money goes

The online education tool, “Where Your Money Goes,” calculates the money owed to each school district or other local unit of government in the past two years — showing the increase or decrease from the year before.

Chicago Sun-Times

Building houses on Britain’s vast, exclusive golf courses makes sense for everyone – even golfers

Such radical plans wouldn’t just help tackle our chronic lack of housing, but also let the sport shed its elitist tag, says Phineas Harper, chief executive of Open City

The Guardian - UK

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Renting property in the UK: how to get the home you want

Know what you want and set an all-inclusive budget

The Guardian - UK

The Bishops Avenue: architects' plans for hundreds of affordable homes on Billionaires' Row revealed

The proposals show how hundreds of affordable homes and an arts centre could sit among the multi-millionaire's properties and crumbling mega mansions of the Bishops Avenue

Evening Standard

See how much rent has increased in your area as landlords hike prices in Scotland

LANDLORDS have hiked the price of private rental properties above inflation in the past year, new figures have shown.

The National (Scotland)

The 2024 Toyota Tacoma Adds Some Polish But Keeps The Fun

Thanks to a torquey, 270-hp four-cylinder and an available six-speed manual, the new Taco is a charmer.

Motor1

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Her family called police for help, then her lease was terminated

Diamond Jones is challenging Richton Park’s crime-free ordinance, saying it violated her constitutional rights. The suburban Cook County community is among several municipalities with similar laws on the books.

Chicago Sun-Times

'Chronic' housing shortage in Scottish island to be tackled in new project

EFFORTS are being made to tackle a "chronic shortage" of affordable housing on a Scottish island.

The National (Scotland)

Average rent in Great Britain up by more than a quarter since start of Covid

Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds

The Guardian - UK

Scrap first home buyers grant and build 60,000 social homes by 2034, Victorian inquiry recommends

The inquiry report makes no recommendations on rent regulation, which has been a contentious issue between the Greens and Labor

The Guardian - AU

Tiny, quirky cottages in Mayfield and Hamilton pull in first home buyers

One and two bedders are the best option.

Newcastle Herald

Rent freezes only for 'extreme times', inquiry finds

An inquiry into Victoria's rental and housing affordability crisis has called for a re-examination of negative gearing instead of a rent freeze or cap.

AAP

Hefty fines for dodgy builders as 'loophole' closes

Builders who don't take out insurance on behalf of paid-up customers will face new offences under a legislative crackdown by the Victorian government.

AAP

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The Guardian - UK

‘A buyer’s market’: average £18,000 knocked off UK property asking price, says Zoopla

Average discount stands at five-year high despite ongoing long-term shortage of homes for sale

Evening Standard

House price falls: London sellers accepting hefty price reductions in buyers' market

Higher mortgage rates and an increased supply of homes have seen buyers achieve sizeable discounts

The Independent UK

£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla

In London and the South East, sellers are discounting properties by around £25,000, according to new figures.

The Independent UK

Donald Trump will testify again at his New York fraud trial

The former president is expected to return to the stand as the closing witness for the defence

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The Independent UK

Trump can’t control fraud trial death threats, lawyers argue

A top court security officer found ‘hundreds’ of credible threats and violent messages to court staff

Evening Standard

London rent rises: rents are up 31% in two years, how much higher can they go?

Rents will keep on rising, predicts Savills, but London has already hit its ‘affordability ceiling’

The Guardian - UK

Shameful reality of Britain’s slum housing

Brief letters: Horrible homes | Feeding the multitude | Sewage saga | Wisdom from Joseph Chamberlain | Breakfast’s served

AAP

Changing Sydney housing reform to add 112,000 new homes

Six-storey apartment blocks would be permitted by default within 800 metres of transit hubs and town centres in metro NSW under a new policy.

Evening Standard

What is the Leasehold and Freehold Reform Bill and what does it mean for homeowners?

The standard lease extension term is set to increase by over a tenfold

The Independent UK

Michael Gove admits housing crisis is even worse than you think

High immigration putting ‘more pressure’ on Britain’s housing, says levelling up secretary amid cabinet row

Evening Standard

West End Christmas trading off to strong start, top landlord Shaftesbury says

Sales are up 12% on last year and 16% on pre-pandemic levels

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