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The Latest Breaking News on Real Estate

Four Reasons to Tap Opportunity Zones Before They Expire

As a provision in the Tax Cuts and Jobs Act, opportunity zones could sunset at the end of 2026, but there’s still time to maximize major tax benefits.

Kiplinger · Feb 7, 2024

UK house prices rise at fastest rate since January 2023

Lower mortgage rates lead to increased buyer and seller confidence, says Halifax

The Guardian - UK · Feb 7, 2024

Public comment sought on manufactured home estate plans at Windella

Plans for 282-lot estate now on exhibition at Maitland Council.

Newcastle Herald · Feb 7, 2024

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UK house prices rise 1.3% in January as mortgage rates tumble

Prices were up 2.5% year-on-year, but in London they were slightly down on January 2023

Evening Standard · Feb 7, 2024

Uber posts first full-year operating profit as a listed company – business live

2023 was an “inflection point for Uber”, says CEO Dara Khosrowshahi

The Guardian - UK · Feb 7, 2024

China's Property Bubble Bust Is Beginning To Look Like Japan's

China's slide into deflation came when Japan was snapping out of it. In the third quarter of 2023, Japan's residential property price index rose at an annual rate of 2.4%, following an even more significant rise in the previous two quarters.

International Business Times · Feb 7, 2024

Companies connected to Spotlight site redevelopment go under

The St Hilliers construction business has collapsed.

Newcastle Herald · Feb 7, 2024

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More social housing as cost-of-living crisis hits hard

Homelessness organisations have painted a dire picture of the crisis facing Queensland as the government announces more social housing but admits it takes time.

AAP · Feb 7, 2024

'Significant' number of rentals fail mandated standards

People posing as potential tenants in an undercover operation found a significant proportion of rental homes are failing to meet mandatory minimum standards.

AAP · Feb 6, 2024

Housing revolt erupts over NSW plan to ramp up building

A battle over housing is underway between the NSW government and local councils, which claims communities are being kept in the dark about zoning changes.

AAP · Feb 6, 2024

Yellen Says US Commercial Property Concerns 'Manageable'

US Treasury Secretary Janet Yellen expressed concern Tuesday about the commercial real estate sector in the current environment of higher interest rates -- but added that the overall situation should be "manageable."

International Business Times · Feb 6, 2024

Yellen confident in economic recovery despite real estate concerns

Treasury Secretary Janet Yellen expresses confidence in the strong US economy, citing low unemployment and robust job creation, despite concerns about infl...

Thrifty December cures sales-fuelled debt hangover

Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures.

AAP · Feb 6, 2024

Premature deaths of hundreds of homeless Australians ‘completely unacceptable’, housing minister says

Comments from Julie Collins come in response to Guardian Australia investigation and as advocates push for new ways to monitor crisis

The Guardian - AU · Feb 6, 2024

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The Guardian - AU · Feb 6, 2024

Thought we were on track for a rate cut? For now, the RBA says it’s time to come back to earth

RBA governor Michele Bullock wants to make Australian inflation is truly under control before releasing the handbrake on interest rates

Evening Standard · Feb 6, 2024

'Worst could be behind' construction sector, influential survey suggests, amid rate-cut hopes

But figures showed the sector was still in decline in January

Newcastle Herald · Feb 6, 2024

Confidence grows in Newcastle property market amid predictions of rate cut

'A lot of buyer and sellers were sitting on their hands'.

The Guardian - AU · Feb 6, 2024

RBA leaves official interest rate on hold fuelling hopes mortgage repayment pain has peaked

Reserve Bank leaves cash rate at 4.35% at its first board meeting of 2024 in a move that was widely anticipated by economists as inflation eases

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Beecher Terrace low-income housing tax credit program faces criticism

The article discusses the flaws and inefficiencies of the Low-Income Housing Tax Credit (LIHTC) program in the US and suggests alternative solutions.

Evening Standard · Feb 5, 2024

DLR extension: TfL launch consultation to extend light railway to Thamesmead

TfL has said that the proposed route to Thamesmead could potentially be extended to Belvedere and beyond

AAP · Feb 5, 2024

New social housing target for the sunshine state

The Queensland government has pledged to build 53,500 more social homes by 2046 but construction industry delays may halt the ambitious target.

Tom’s Guide · Feb 5, 2024

This stacked monitor is a game changer for my home setup — here’s why

The Geminos T stacked monitor system started life as a Kickstarter project back in 2022

AAP · Feb 5, 2024

It's rubbish: TikTok MP trashes 'lazy' youth cliche

One of Australia's most-followed MPs on TikTok says older generations are too lazy and careless to show up on the platforms youth use.

Evening Standard · Feb 5, 2024

London leaver: 'my mortgage in Cheshire is just £400 a month compared to £1,200 on rent in Finsbury Park'

Luke McDowell had no money left over after rent living in London, but with his £175k house near Manchester he has plenty of disposable income

Newcastle Herald · Feb 5, 2024

Highfields auction results in suburb record $1.53m sale

There were 37 auctions scheduled in Newcastle and Lake Macquarie.

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