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The Latest Breaking News on Real Estate

27% annual fall in house sales in May – HMRC figures

The fall is partly due to a higher number of bank holidays in May 2023, as well as a recent decline in general market conditions, HMRC’s report said.

The Independent UK

UK house prices rise unexpectedly in June but annual rate falls

Nationwide says mortgage crisis ‘likely to exert significant drag’ on market activity in coming months

The Guardian - UK

Average house price falls 3.5% as mortgage rates keep climbing

The sharp increase in borrowing costs is likely to exert a significant drag on near term housing market activity, Nationwide Building Society said.

The Independent UK

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France riots: hundreds arrested in fourth night of unrest as 45,000 police deployed

France’s interior minister says that “significant reinforcements” have been sent to Marseille where more than 80 people have been arrested

The Guardian - UK

Controversial plans for Bristol shopping centre to go back before councillors for official rejection

Planning committee members unanimously refused to grant permission

Bristol Post

Houses and high-rises (and nothing in between): why land zoning hasn't been effective for improving urban density

For almost a century, zoning has been the key tool used by urban planners to influence how our cities grow and change. Our newly published research looked at whether zoning is effective at guiding new urban growth patterns.

The Conversation

Texas House investigation widens to include Ken Paxton real estate purchases, report says

The Wall Street Journal says the impeached attorney general, his wife and a family trust spent nearly $3.5 million buying properties in four states in 2021 and 2022.

The Texas Tribune

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Airbnb revenue 'down by 50 per cent' sparking huge housing market crash fears

One real estate expert has revealed that Airbnb's unfolding profit crisis is likely to cause a housing crash "on par with the 2008 subprime crisis" in some cities

Daily Mirror

NYC Mayor Eric Adams confronts woman at town hall with racially-charged remark

The mayor was appearing at an event in Washington Heights

The Independent UK

Record fine handed to ‘lost at sea’ landlord after serious housing offence

The landlord owns multiple properties in Bristol and South Gloucestershire

Bristol Post

Former Nottinghamshire brickworks set for more than 100-home development despite opposition

The former Bunny brickworks would be turned into 110 homes and employment units, if a planning officer's recommendation is followed by Rushcliffe Borough Council's planning committee on July 6

Nottingham Post

Sunderland burglar caused £27,000-worth of damage by stripping homes of pipework and heating systems

Drug addict Ethan Watson broke into the unoccupied properties while they were being renovated and stole the pipes to sell to a scrapyard

Chronicle Live

New York City mayor throws tantrum at housing activist accusing her of owning plantation

During a town hall in Washington Heights on Wednesday, New Yory City Mayor Eric Adams verbally accosted housing activist Jeanie Dubnau and accused her of being a plantation owner, as seen in a dramatic video

Daily Mirror

‘There’s so much anger’: France braces for more rioting over police shooting

Killing of 17-year-old in Nanterre has triggered nights of clashes and politicians fear unrest will spread

The Guardian - UK

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The National (Scotland)

Owners of famed 'indy windaes' Yes hub in cash help plea over rising bills

A WELL-KENT Yes hub famed for its “indy windaes” is appealing for cash to maintain its campaigning presence in the face of the cost of living…

Tribune News Service

Priced out of soaring single-family home market, Bay Area house hunters opt for condos

Can’t afford to buy your Bay Area dream home? Have you considered a condo?

Los Angeles Times

California has tried to boost its housing stock. Other states have done better

A retired human resources director, Pam Quinn was burnt out on the work-intensive culture of Silicon Valley and was looking to relocate to a place where she felt "like I was part of a community."

Bangkok Post

SC Asset Aims to Become the Go-To Condo Brand for the Younger Generation with Its Inclusive "Everybody's High-Rise" Philosophy

SC Asset Corporation Public Company Limited (SC), a leading high end luxury to economy real estate developer listed on The Stock Exchange of Thailand (SET), targets being Thailand’s ‘top-of-mind’ condominium brand among all segments, particularly young generations, by launching new condominium brands, taking “Everybody’s high-rise” as its brand philosophy as…

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Newsroom.co.nz

Auckland Councillors livid at surprise Kāinga Ora directive

Councillors have hit back at a surprise directive by central Government for Kāinga Ora to look at building 66,000 homes along Auckland’s forthcoming light rail corridor.

Tribune News Service

Dallas to give Housing Forward $3 million to help get apartments for homeless people

DALLAS -- Dallas will give Housing Forward $3 million to secure apartments around the city to make it easier for people experiencing homelessness to move into them.

The Independent UK

Squeezed households raid bank accounts by record £4.6bn as mortgages climb

Borrowers hit by soaring mortgages, but savers have yet to benefit from higher rates

Daily Record

Housing developer stages protest over decision delay at council HQ with giant model snail

The boss of a major housing developer staged a protest outside council headquarters yesterday (Thursday) - with a giant model snail - to vent his frustration over the progress on a 3000-home supervillage for Stirling. Sandy Adam, chairman of Springf

Belfast Live

Belfast council to look at restoring derelict Wilmont House at Lady Dixon Park

The listed Victorian mansion has been out of use for ten years

Birmingham Post

Tyneside firm behind Pennine Home Improvements set to be liquidated

A meeting of creditors has been called into the Tyneside conservatory and windows company, where a liquidator is expected to be appointed

Birmingham Post

Esh Construction seals its biggest ever contract with £56m deal for hundreds of Teesside homes

The Durham firm will build 296 homes at Grove Hill in Middlesbrough as part of the deal

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