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The Latest Breaking News on Real Estate

To fight climate change and housing shortage, Austin becomes largest U.S. city to drop parking-spot requirements

Affordable housing advocates, developers and climate activists say rules requiring a minimum amount of parking spaces on new projects drives up construction costs and enables a dependency on vehicles to get around town.

The Texas Tribune

National Association of Realtors CEO Bob Goldberg resigns, replaced by former Sun-Times CEO Nykia Wright

Goldberg’s departure follows the resignation of former President Kenny Parcell, who was accused of sexual harassment.

Chicago Sun-Times

Why are Trump’s children testifying at New York civil fraud trial?

Former president Donald Trump’s three eldest children, Donald Jr, Eric, and Ivanka, are testifying in the civil fraud trial against the Trump Organization

The Independent UK

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Home Sellers' Costs Could Soon Be Cheaper Due To This Court Case

Home sellers may see big changes next year following $1.8B guilty verdict against brokerages that inflated home sales commissions.

Kiplinger

The average long-term US mortgage rate slips to 7.76% in first drop after climbing 7 weeks in a row

The average rate on the benchmark 30-year home loan fell slightly this week, ending a seven-week climb —- modest relief for prospective homebuyers grappling with an increasingly unaffordable housing market

The Independent UK

Size of UK build to rent sector has scope to swell, but firms face challenges in London

Get Living is among companies that have created large rental homes developments in London

Evening Standard

Fifty-three and couch surfing: when divorce forces a hunt for new housing

It often takes two incomes to make rent in the US, which is why a separation can push ex-partners into unusual arrangements

The Guardian - US

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Top 3 Homebuilder Stocks to Buy in November

Despite rising interests, the homebuilder industry is growing, driven by increasing housing demand and growth in real estate. So, fundamentally strong homebuilder stocks Toll Brothers (TOL), Sekisui House (SKHSY), and M/I Homes (MHO) might be worth buying in November. Keep reading.

StockNews.com

Jimmy Kimmel tears down Donald Trump Jr after fraud trial testimony

Jimmy Kimmel and other talk show hosts delt out a series of jabs at the Trumps after Don Trump Jr took the stand on Wednesday

The Independent UK

Easdale brothers get go-ahead for new £15m housing development

THE Easdale brothers have gained planning approval for a new £15 million housing development on the site of the former Tate & Lyle sugar…

The National (Scotland)

Man killed himself after 'dismissive' landlord failed to resolve 18 noise complaints

The man slept on air bed in his kitchen to avoid noise from neighbours upstairs

Evening Standard

Private landlord appeal fails as Scottish Government’s rent cap ruled not unlawful

THE Scottish Government’s rent freeze was not unlawful, a senior judge has ruled following an appeal by private sector landlords.

The National (Scotland)

Scottish Government’s rent freeze not unlawful, judge rules

Lord Harrower said much of the argument made by private sector landlords fell ‘far short’ to consider the legislation unlawful.

The Independent UK

Why are Donald Trump’s children in court for his fraud trial?

Trump’s children – Ivanka, Trump Jr, and Eric – are set to testify in a fraud trial involving their family business.

Al Jazeera

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The Independent UK

What does the Bank of England’s latest interest rate pause mean for households?

Monthly hikes in base rate may have stalled, but the cost-of-living squeeze has not gone away

Evening Standard

OPINION - A wind of change is blowing through Britain, young people want to build on the green belt

Survey results suggest that two out of three young Londoners would support development on the green belt if it led to a greater supply of affordable housing

The Guardian - UK

Despite the Bank of England’s hawkish tone, the next interest rate move is likely down

With a weak economic outlook and shrinking inflation the Bank risks leaving rates too high for too long

Evening Standard

Bank of England leaves rates on hold at 5.25%

MPC votes by 6 to 3 to keep rates unchanged for second meeting in succession

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news in one place.

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The Independent UK

Donald Trump Jr quips he ‘should have worn make-up’ as he dodges questions in NY fraud trial

The former president’s oldest son is the first of his children to testify in a case that threatens the family empire

GoodToKnow

Why did Heather Rae El Moussa leave Selling Sunset?

Why did Heather Rae El Moussa leave Selling Sunset? As the latest season of the reality show lands on Netflix, a fan-favourite is missing.

InsideEVs

Mercedes To Expand U.S. Fast Charging Network With Mall Giant Simon

Mercedes-Benz would deploy fast chargers at 55 locations across the U.S. and Canada, the brand said in a press release.

Evening Standard

Less than half the affordable homes started in London since 2016 have been completed

The remainder are not due to be finished until 2029

The National (Scotland)

Edinburgh City Council set to formally declare housing emergency

THE City of Edinburgh Council is set to formally declare a housing emergency amid a “crisis” in the public and private sectors.

Evening Standard

Why I live in West Norwood: author Georgina Johnson on her vibrant, joyful corner of south London

Georgina Johnson wrote her new book, The Slow Grind: Practicing Hope and Imagination, in the cafes and public library of West Norwood

The Guardian - UK

Tenant killed himself after landlord failed to resolve repeated noise complaints

Ombudsman orders UK housing association Clarion to apologise to family in ‘deeply distressing’ case

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