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The Latest Breaking News on Real Estate

The solutions to Australia’s housing crisis are actually quite obvious

Analysis of recent figures shows the number of housing approvals has not kept pace with the nation’s rising population

The Guardian - AU

‘Falling behind’: Australian graduates fear for their future as highest student loan indexation in decades kicks in

CPI changes and increased course fees mean some students may be paying off their debts for the majority of their working lives

The Guardian - AU

OPINION - London schools face crisis as pupil numbers plummet

London is nothing like Florida. Over here the sun seldom shines, the oranges are imported and the few properties with waterfront views are still actually insurable. But in one respect, we are becoming a little more alike – the number of older people.

Evening Standard

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'Insulting': Anger at 'pathetic' Gaelic mistakes in Highland street signs

LOCALS have raised concerns about the “frankly insulting” street signs which have been put up in a new Scottish housing development ...

The National (Scotland)

National property price rebound gathering pace despite interest rate rises, with Sydney leading the recovery

National house prices lifted sharply in May, according to data from CoreLogic. Sydney continues to lead the recovery, with rises across the capital cities, as the number of properties advertised for sale fell further.

ABC News

‘I’m obviously not first choice’: rental crisis forcing older Australians back into share houses

As the vacancy rate drops to 1.2%, the Reserve Bank chief advises renters to consider sharing – but that is a very difficult option for many people

The Guardian - AU

Substantial Dublin Airport landbank put up for sale

The landbank, which is located between the two runways, is approximately 3 km north of the M50 motorway, 4 km south of Swords and 7 km north of Dublin city centre

Dublin Live

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Affordable housing plan for near Cardiff Airport train station receives final approval

The 15 affordable homes will consist of a mix of houses and apartments

Wales Online

New apartment block for young people at risk of homelessness given green light

Plans include teaching and studio facilities, a training kitchen, a meeting space, breakout space, a laundry room, a residents lounge, an indoor and outdoor gym and recreational space outside

Manchester Evening News

Property development fuels leap in profits at Caddick Group but construction business suffers

New accounts show a mixed picture for the group's businesses

Birmingham Post

31 affordable rented homes are planned for a countryside site in Swansea

But some people fear the community affected won't be able to cope with all the new people

Wales Online

‘Reality check’ for the housing market as sales slide by 8% month-on-month

Experts suggest the slowdown is likely to be longer and deeper than originally anticipated

The Independent UK

D-Day for Broadwalk Shopping Centre plan and new Fishponds homes

Two controversial projects are expected to get the go-ahead

Bristol Post

Firefighters race to Glasgow blaze after 'deliberate attack' metres from family home

Courtney McCracken and Scott Matheson, both aged 24, rushed out of their Springboig flat after smelling smoke to find their garage up in flames after it had been torched.

Glasgow Live

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The Guardian - AU

Afternoon Update: RBA governor suggests more share houses; inflation rises; and vapour blasts from a Saturn moon

Underlying inflation and price pressures easing, shrinking the likelihood of another RBA rate hike on Tuesday

ABC News

Higher rents will help reduce rental stress by encouraging people to 'economise' on housing, RBA governor says

The RBA governor says strong population growth is exacerbating Australia's housing crisis and we need more people to live in each dwelling.

Evening Standard

Eight questions an estate agent doesn’t want you to ask — but you absolutely should

Buying a property? These questions will help you assess the price and decide whether there may be wiggle room for negotiation

The Guardian - UK

Expert committee on England home ownership has not met for over a year

Exclusive: Campaigners warn government pledge to reform leasehold system is slipping down agenda

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Bristol Post

Bristol mum fighting council eviction after both her parents died within three years

"This makes absolutely no sense to anyone - she's done nothing wrong"

The New Daily

Pain at petrol pump drives surprise jump in inflation

Petrol prices have driven a surprise jump in inflation, as RBA governor Philip Lowe flagged more pain to come for millions of Australians.

The Guardian - AU

Australia’s inflation rate rose to 6.8% in April driven by energy prices but price pressures eased

Underlying inflation dropped to 6.5% in April from 6.9% in March, reducing the chances of another Reserve Bank rate rise in June

Zenger

Elon Musk’s Reminder On Excesses That Led To 2008 Housing Market Collapse

Tesla CEO Elon Musk warned about a risk that looms large for the housing market, repeating a thought he expressed a year ago

ABC News

Building company collapses turn home dreams into nightmares

Two years after signing a $430,000 fixed price contract, boilermaker David Niblitt can no longer afford to finish the home that he and his wife had hoped they'd be living in by now.

Liverpool Echo

People in one area of Merseyside told to lock windows

Police have released a warning to people living in South Liverpool

The Hindu

Tamil Nadu records a shortfall of 1.25 million urban housing dwellings, says report

With a shortfall of 1.25 million urban housing dwellings in Tamil Nadu alone, the demand-supply gap of in urban housing needs to drastically improve, according to CREDAI Chennai’s Real Estate Vision 2030 report, which was done in association with Savills.

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