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The Latest Breaking News on Real Estate

The Top 3 Building Material Stocks Investors Are Buying Hand Over Fist

Strong demand across different industries and the adoption of sustainable practices appear to be positive for the building material sector. As the industry’s prospects look promising, it could be wise to invest in three top building material stocks, Holcim Ltd (HCMLY), GMS Inc. (GMS), and Apogee Enterprises (APOG). Read on….

StockNews.com

Labor eyeing changes to ‘punitive’ mutual obligations for jobseekers, draft party platform suggests

Commitment to review welfare rules for unemployed people has lifted expectations the government will axe requirements such as work for the dole

The Guardian - AU

Eatala Rajender demands government hand over land to journalists society

BRS government was criticised for not giving land to poor and journalists, despite SC judgement. Congress senior vice president Mallu Ravi reminds government of its duty to handover land bought by journalists 16 years ago

The Hindu

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China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors

China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the end of last year

The Independent UK

How to extend the growing season in your garden and get multiple veggie harvests

Succession planting is a gardening term covering a few different strategies for extending the growing season

The Independent UK

Ariana Grande and Dalton Gomez: A complete timeline of their relationship

Reports suggest that the couple have split after two years of marriage

The Independent UK

‘Worrying mismatch’ as 13 new prospective tenants register per available UK home

Around six in 10 agents reported rents increasing month-on-month in June

Evening Standard

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Comment: ‘We could be in for a long wait before this house price hangover clears’

House prices have fallen around five per cent in recent months, and there’s another five per cent to go

Evening Standard

More than 500 new residences are planned for the Cabrini area

New housing in this area is welcome, but it continues to be a civic embarrassment and an injustice to former CHA residents that it’s taken so long for it to happen.

Chicago Sun-Times

Average cost of a semi hits an eye-popping £11 million in Kensington, 24 times higher than in Barking

A house price chasm between London areas has been laid bare, with semi-detached homes now priced 24 times higher in Kensington than Barking on average

Evening Standard

‘Worrying mismatch’ as 13 new prospective tenants register per available home

Around six in 10 agents reported rents increasing month-on-month on average at their branch in June, property professionals’ body Propertymark said.

The Independent UK

House price tipping point: is London heading for a property market apocalypse?

The property market could tumble by up to 20 per cent, experts warn, unless the Bank of England halts interest rate rises

Evening Standard

Dalton Gomez: Who is Ariana Grande’s husband? Mystery surrounds real estate agent who stayed out of spotlight

Couple have reportedly separated after two years of marriage

The Independent UK

Shipping containers to house homeless people in San Diego neighborhood

A project that could become a model for developing housing at record speed is beginning to take shape in the El Cerrito neighborhood of San Diego and is on track to open in December.

Tribune News Service

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Evening Standard

Selling your home? Seven essential questions to ask your agent

These questions will help gauge whether your property is being marketed effectively and judge whether your agent is right for you

The Guardian - UK

‘Vast’ growth in value of England rentals since 1990 would have built 3m council homes

Exclusive: Private rentals have grown £400bn in value – making a mockery of landlords’ demands for tax cuts, say campaigners

The Conversation

NIMBYism in Sydney is leading to racist outcomes

Residents of the affluent east and north of Greater Sydney have strongly resisted housing development in their suburbs. This NIMBY (Not In My Back Yard) resistance has led to urban sprawl in areas of Western Sydney with a well-documented lack of services, infrastructure and jobs.

Los Angeles Times

Powerball jackpot estimate climbs to third-highest payout. What can the winner afford to buy?

The valuation for Sotheby’s International Realty’s priciest Los Angeles home — a 10-bedroom, 8,484 square-foot Southern style mansion located on 1.2 acres of Beverly Hills real estate — is $45 million, as of Monday afternoon.

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Tribune News Service

Jury selection starts in Michael Cohen’s case against the Trump Organization

Jury selection got underway in Manhattan Monday in Michael Cohen’s lawsuit against the Trump Organization, in which the former president’s one-time fixer is demanding over $1 million in lawyers’ fees incurred in the years since their fallout.

The Guardian - AU

Economy could slow more than the Reserve Bank expected, latest RBA minutes reveal

Bank left cash rate unchanged in July and meeting minutes state squeeze on households means consumption could slow ‘more sharply than implied by the current forecasts’

The Guardian - US

‘Soul-crushing’: converted Bay Area office apartment fail goes viral

Turning offices to residences is touted as a housing fix for a work-from-home era, but a $520,000 listing takes the brief too literally

The Independent UK

Rex Heuermann’s string of car crash lawsuits and tax issues revealed after Gilgo Beach murders arrest

Heuermann has filed at least four suits claiming to have been hit by vehicles in New York state

AAP

Growth fears, expiring fixed rates fuelled RBA's pause

The Reserve Bank board had another tough choice between hitting pause on interest rates or delivering another hike at its last meeting.

The Independent UK

Ariana Grande and husband Dalton Gomez reportedly separate after two years of marriage

‘Wicked’ star was spotted without her wedding ring at Wimbledon 2023

Chicago Tribune

Chicago aims to turn Diplomat Motel into ‘healthy housing’ for homeless people — with much more than a roof overhead

Chicago officials are closing in on plans to transform a budget motel along North Lincoln Avenue into a housing pilot that would provide on-site substance abuse and mental health treatment — part of the city’s long-term efforts to combat chronic homelessness by pairing temporary shelter with intensive health care.

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