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The Latest Breaking News on Real Estate

Multi-storey seniors housing development proposed for Belmont

The $24.8m plans could see a three and four storey housing complex built.

Newcastle Herald

Payday loans and side hustles: Will a freeze in interest rates really help struggling households?

Londoners said the rate freeze did little to solve the cost of living crisis or soaring prices

The Independent UK

How interest rates announcement will affect mortgages and savings

There is light at the end of the tunnel for mortgage holders but savers face lower rates

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Mayor Brown's Auckland Deal is the real deal

Gateway cities around the world are so important to national prosperity that they need to be actively supported and with customised arrangements. Auckland Mayor Wayne Brown is right when he says a new relationship between government and the council is required, argues Mark Thomas

Newsroom.co.nz

Hope for mortgage pain relief as interest rate hikes paused — but experts warn we’re not out of the woods

The interest rates pause could bring some desperately needed stability to the London housing market, say experts, but don’t get too comfortable

Evening Standard

How Sunak's back-pedalling on net zero could damage efforts to decarbonise Britain's homes

Rishi Sunak, the UK prime minister, has announced his government will scrap or delay a number of measures designed to help the UK reach net zero by 2050, with a particular focus on housing. This includes getting rid of impending requirements for landlords and property owners to upgrade the energy…

The Conversation

Victoria’s expanded rent bidding ban sparks concerns over enforcement and effectiveness

But Daniel Andrews tells Guardian Australia the plan closes ‘loophole’ being exploited amid housing crisis

The Guardian - AU

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Landlords in Yorkshire abandon buy-to-let market over high interest rates

What was once a lucrative investment for those with spare funds has become a headache amid higher borrowing costs

The Guardian - UK

Judging by the state of the UK economy, the Bank is done with interest rate hikes

Decision to hold rate at 5.25% will be good news for mortgage holders and firms but reflects dramatic weakening of economic activity

The Guardian - UK

Rate hike pause ‘will offer some relief to those struggling with housing costs’

The rate pause brings relief to mortgage holders but some finance experts suggested the best cash savings deals may not be around for much longer.

The Independent UK

Scotland's rent cap extended for final six months after vote by MSPs

THE rent cap and ban on evictions has been extended for a final six months following a vote by MSPs.

The National (Scotland)

UK homeowners hope Bank of England avoids another rate hike after inflation falls

Homeowners across the U.K. are hoping that the Bank of England will decide to avoid raising interest rates for the first time in nearly two years

The Independent UK

Britain’s problem with big projects that begin with the letter ‘H’

City Voices: Our crazy country needs to function better than this

Evening Standard

'No vision': Libs lash first NSW Labor budget in decade

The NSW opposition has delivered a scathing reply to the state budget, as the government faces questions over a missing drug reform summit.

AAP

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AAP

Rent hikes send household spending through the roof

Renters hit with substantial price hikes are having to find room in their budgets by spending less on essentials as well as discretionary goods.

The Guardian - AU

Dire rental properties getting you down? Sometimes it’s better to laugh than cry

People depressed by Australia’s housing crisis can now share their complaints on Jordan van den Berg’s ‘shit rentals’ website – and potentially shame real estate agents into action

AAP

Premier dismisses public housing towers plan criticism

A plan to demolish and redevelop all of Melbourne's 44 public housing towers has been condemned for only providing homes for an extra 1000-odd public tenants.

The Guardian - UK

Bank of England interest rate decision on knife edge after inflation fall

Markets revise forecasts, raising chance interest rates may be kept on hold for first time in two years

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The Independent UK

Texas AG Ken Paxton attacks rivals, doesn't rule out US Senate run in first remarks since acquittal

Texas Attorney General Ken Paxton is attacking his Republican rivals while speaking out for the first time since his acquittal on corruption charges in his impeachment trial

The Guardian - AU

NSW considering following Victoria’s lead by taxing Airbnb revenue

NSW treasurer wants to stop ‘long-term rentals being pulled from the market and short-term rentals taking their place’ during housing crisis

The Canberra Times

An exciting new view to buying a home

Antony Catalano, the co-owner and Executive Chairman of View Media Group and ACM, is a property expert.

Newsroom.co.nz

Let Auckland decide on intensification, says new coalition

Community groups across Auckland are petitioning potential politicians to support local planning.

The Independent UK

Surprise inflation fall signals hope for homeowners as economists call for interest rate pause

Bank of England holding off on interest rate rises could be ‘breath of fresh air for those on variable rates or trackers’

Evening Standard

Shared ownership: how it works, who is eligible and what you should know about selling your home

Plenty of Londoners are struggling to buy on the open market thanks to rising house prices and lenders tightening their affordability criteria, but there is another option

Evening Standard

Places for London: TfL rebrands property firm as it looks to deliver thousands of affordable homes a year

Its aim is to become one of the largest and most important property firms in London

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