The Latest Breaking News on Real Estate

London, New York, Paris: which capital's property market is currently strongest?

The latest Prime Global Cities Index sees the UK and USA coming bottom of the alpha cities league

Evening Standard · Nov 1, 2023

City Council committee OKs ballot referendum to raise money to help homeless

A City Council committee voted to put a referendum on the March ballot asking voters to authorize the Council to quadruple the real estate transfer tax rate on sales over $1.5 million and more than double the rate on sales above $1 million. The rate would drop on sales below…

Chicago Sun-Times · Oct 31, 2023

California home with a meth lab inside on sale for $1.5m

‘If you were my buyer, I would tell you I’ll find you a different opportunity’

The Independent UK · Oct 31, 2023

Young Londoners ‘overwhelmingly want to build on green belt’ amid housing crisis

A poll of 1000 Londoners aged 25 to 45 found widespread support for radical measures such as reform of green-belt planning controls

Evening Standard · Oct 31, 2023

Australian property prices soar to record levels despite higher interest rates

New figures show significant growth in Brisbane, Adelaide and Perth with many suburbs seeing increases of more than 15% and Sydney up by 7.5%

The Guardian - AU · Oct 31, 2023

Rental Market Will Slow Through 2023: The Kiplinger Letter

Expected growth in the rental market is likely to remain slow for the rest of the year amid a slow housing market and cooling economy.

Kiplinger · Oct 31, 2023

17% annual slump in home sales in September – HMRC figures

Across the UK, an estimated 85,610 home sales took place in September 2023, which was also 1% lower than in August, HMRC said.

The Independent UK · Oct 31, 2023

Chicago should jump to get federal money that would help revamp LaSalle Street

LaSalle Street would be perfect for the new federal effort, announced last week, that encourages cities and states to turn empty office buildings — particularly ones near transit — into housing.

Chicago Sun-Times · Oct 31, 2023

Sadiq Khan's deputy warns of 'very worrying' rise in rough sleepers in London

Deputy mayor Tom Copley said that without a 'change in approach' there was 'no real chance' of ending rough sleeping

Evening Standard · Oct 31, 2023

Renovated North Lambton home tipped to break suburb record

The median house value in North Lambton is $771,000.

Newcastle Herald · Oct 31, 2023