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The Latest Breaking News on Real Estate

2023 Doolan Best Building award shortlist is revealed

The 2023 Doolan Best Building award shortlist has been revealed, spotlighting exceptional architecture in Scotland

Wallpaper

Mortgage Rates and Payments Keep Rising, Creating Market Misery

Current mortgage rates and payments continue to rise resulting in buyer demand stalling and housing sentiment at low levels.

Kiplinger

Mixed-income housing going up in East Garfield Park: ‘Everyone in the city of Chicago deserves to have a roof over their head’

The site in East Garfield Park will have 43 units and be available for different income levels. Construction is expected to take another 12 to 15 months.

Chicago Sun-Times

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Idaho home with lake views and more golf properties available now (July 2023)

Find the full list of properties here.

USA Today Sports Media Group

Sydney leads Australia’s house price rebound with $500-a-day ‘hyper-growth’

Domain data shows fastest national rise since late 2021 and all capitals bar Canberra in recovery mode

The Guardian - AU

Renters’ health at risk if UK energy efficiency rules delayed, say campaigners

Ministers accused of ‘caving to landlord lobby’ amid reports tougher standards for new lettings could be delayed

The Guardian - UK

‘Can we move?’ Chinese residents are fearful over new US laws banning property ownership

A Florida law barring certain foreign nationals from buying property has brought confusion, thoughts of moving and protests

The Guardian - US

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New home registrations show 42% annual fall in second quarter – NHBC

A total of 38,044 properties were registered in April, May and June – down from 65,645 a year earlier.

The Independent UK

‘People have asked if they could live in a tent on the terrace’: South Ken balcony for sale for £50,000

The 128 sq ft balcony is located on Stanhope Gardens in Kensington, where the average property costs £1,388,750.

Evening Standard

Inside the regeneration schemes creating destination neighbourhoods — from Canary Wharf to Clapham Junction

As the housing crisis debate rages, developers are breathing new life into unloved wastelands with contemporary homes that appeal to buyers and renters alike

Evening Standard

Open letter urges Rishi Sunak to prioritise security for renters and expedite bill

‘Government’s record in delivering on security for renters unfortunately stands in stark contrast’

The Independent UK

Government help for renters in stark contrast to homeowner support, PM told

An open letter signed by groups including Shelter, The Big Issue founder Lord Bird and Citizens Advice has been written to Rishi Sunak.

The Independent UK

The Guardian view on housebuilding: Michael Gove’s urban visions can’t erase his party’s record

Editorial: Regeneration of city centres can’t make up for 13 years in which renters were neglected while construction giants profited

The Guardian - UK

Our leafy oases shouldn’t be reserved for the privileged

We need to prioritise green spaces for those who need them the most – those without their own backyard and living in more dense and deprived neighbourhoods, says Dr I-Ting Chuang

Newsroom.co.nz

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The Guardian - UK

One in four new UK homebuyers under 25 rely on ‘bank of mum and dad’ – study

Research by Bank of England economist reveals huge scale of parental support in housing market

The Guardian - AU

Is Victoria planning to impose rent freezes and will that solve the housing crisis?

Labor is mulling a cap on prices and a levy on Airbnb-type listing. But some experts say that won’t do enough to fix the key problem of lack of supply

The Guardian - UK

UK interest rates need to stay higher for longer to beat inflation, says IMF

US Fed will also have to raise rates more aggressively than forecast, says Washington-based body

The Guardian - UK

Number of households in temporary accommodation in England at highest level

Charities urge government to ban no-fault evictions and accelerate housebuilding

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Evening Standard

Elderly woman died of hypothermia after call to housing association about faulty boiler was unanswered

Sylvia Pollitt died in her housing assocation bungalow 13 days after reporting the fault

The National (Scotland)

MP to meet with locals over gated community development plans

AN SNP MP has said he will be meeting with the community in Kenmore over plans to turn a historic Scottish castle into a high-security compound for…

Evening Standard

Crooked London solicitor must pay back £28m after laundering money

Bhadresh Gohil laundered vast sums plundered by James Ibori, a former Wickes cashier in Ruislip who became a state governor in Nigeria

Evening Standard

More people living in London will ‘boost creativity and productivity’, says Gove

The Communities Secretary also says more homes in cities will avoid ‘gobbling up’ green land

The Guardian - UK

Sunak’s tweet associating Labour with ‘criminal gangs’ labelled ‘desperate and pathetic’ by shadow cabinet minister – as it happened

Jim McMahon, MP for Oldham and shadow environment secretary, criticises prime minister for tweet about Labour and immigration law firms

Newsroom.co.nz

Fire at controversial Kāinga Ora site ‘suspicious’

An east Auckland housing development that had the local community fired up has been branded as ‘suspicious’ by investigators.

The Guardian - AU

Disability advocates urge Queensland to resist builders’ bid to delay accessible housing rules

Requiring new homes to have step-free access and corridors wide enough for a wheelchair will save money in long run, experts say

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