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The Latest Breaking News on Real Estate

Student housing in London costs 150% times maximum maintenance loan after huge annual rent hike

Student loans nowhere near cover the cost of renting after a 20 per cent price rise

Evening Standard

Construction sector grows despite rate rises dealing ‘hammer blow’ to housing

Commercial building work and civil engineering offset sharp falls in residential house building, an influential survey showed.

The Independent UK

Experts Share the Real Estate Investing Trends They're Seeing Now

We asked some of our contributing financial experts to tell us about real estate investing trends they’re seeing right now and how investors might jump on board.

Kiplinger

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The devastating mental health impact of soaring mortgage costs

A mental health charity says mortgage worries are taking a toll

The Independent UK

UK government ignoring housing crisis faced by Roma communities, experts warn

Exclusive: New report finds Roma people continue to face heightened risk of overcrowding and poor housing

The Independent UK

Is now a good or a bad time to put your home on the market?

Uncertainty over mortgage rates and house prices mean would-be house sellers have some careful weighing-up to do. By Vicky Shaw.

The Independent UK

RBA predicts weaker economy for the rest of 2023 as cost of living pummels households

The Reserve Bank’s latest update predicts wage growth to remain steady but rent inflation will increase

The Guardian - AU

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Realtors look for much-needed government support, says CREDAI leader

Confederation of Real Estate Developers Association of India (CREDAI) Srikakulam district president Harika Prasad implored the State government to come to the aid of the crisis-ridden construction industry. Speaking to The Hindu on Thursday, Mr. Prasad, who has 26 years of experience in real estate, said many builders have shelved…

The Hindu

This Surprise City Is the Most Popular Homebuyer Destination

Kiplinger

Nationwide Rent Increases Slow to Lowest Rate in More Than Two Years

Rent pricing trends defy rental market history during peak moving season.

Kiplinger

Sunak under pressure as Bank signals rates will stay high for months

Tory MPs call for targeted tax cuts as Labour criticises 14th interest rate hike as ‘mortgage bombshell’

The Guardian - UK

New Bill Targets Hidden Fees in Hotels and Short-Term Rentals

Some 6% of U.S. hotels charge certain mandatory fees at an average rate of $26 per night, AHLA says.

Kiplinger

On public housing, it takes a village

A new public housing development in downtown Auckland shows how good design might just overcome some sticky social issues.

Newsroom.co.nz

Duke’s allotment management was ‘dereliction by design’, inquiry told

Strong opposition to the proposals was aired by the chair of the allotment association.

The Independent UK

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The Independent UK

When will interest rates fall? Experts warn of ‘more pain to swallow’ after latest hike

Mortgage rates could remain elevated ‘indefinitely’, analyst says

The Hindu

HC stays constructions under EWS housing in R-5 zone of Amaravati

HC issues stay on EWS housing in R-5 zone in Amaravati. Full Bench observes question of inducting people from outside district debatable. Court notes APCRDA not complying with LPS Rules and regulations related to allotment of land. Right to life/livelihood of farmers involved, stay in everyone's interest. CM Jagan Mohan…

Evening Standard

Despite HSBC blow, Canary Wharf’s future stays bright

City Voices: Canary Wharf will keep transforming

Evening Standard

OPINION - The Standard View: Rents crisis is pushing Londoners to the edge

Average rents in London are projected to soar to £2,700 per month next year, according to figures gathered by City Hall. Meanwhile, to rent just a single room in a shared house, tenants are forking out £1,000 on average.

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news in one place.

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The Guardian - UK

More pain in store – tough-talking Bank raises UK interest rates and a few eyebrows

Rise to 5.25% comes as no surprise but Bank of England’s language will frighten many

Evening Standard

Bank of England raises interest rates to new 15-year high of 5.25% in 14th consecutive hike

But the hike was smaller than the half-point ‘jumbo hike’ last month, signalling that Threadneedle Street is slowing down in its battle with inflation

The Independent UK

Bank of England hikes interest rates for 14th consecutive time despite inflation slowdown

Central bank raises interest rates to highest level since February 2008

Evening Standard

London’s housing crisis ‘unmanageable’ as one in 50 now homeless

One in 50 Londoners are now homeless and the capital’s housing crisis is becoming “unmanageable”, it was warned on Thursday.

Evening Standard

Capital’s home rental crisis as bills soar to £2,700 a month

‘Spiralling’ rental costs are driving families into poverty, a campaign group said.

The Independent UK

Average London rental costs may soar to £2,700 a month, figures suggest

‘Spiraling’ rental costs are driving families into poverty, a campaign group said.

The Independent UK

Mapped: Areas in UK facing sharpest drop in house prices

Prices continue to fall amid sky-high mortgage costs and stubborn inflation

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