Cash buyers have accounted for around a third of home sales in 2023 – Zoopla People buying homes without a mortgage are often older, wealthier and buying cheaper properties. The Independent UK · Dec 22, 2023
It's not just housing: the 'bank of mum and dad' is increasingly helping fund the lives of young Australians Much has been made of the increasing presence of the “bank of mum and dad” in the lives of Australians. The Conversation · Dec 21, 2023
Sneak peek at transformed Merewether cottage with HIA Award-winning kitchen It won a HIA Hunter Award for kitchen of the year in October. Newcastle Herald · Dec 21, 2023
I’ve changed my tune on dollar stores, but Black neighborhoods still need full-service grocers Dollar stores do fill a void and are convenient in Chicago, Natalie Moore writes. But they don’t sell fresh produce and offer too much canned and processed food. Chicago Sun-Times · Dec 21, 2023
Chelsea houseboat owners win latest fight against mega barges in west London yacht club war Chelsea houseboat residents have won their latest fight against the introduction of “mega barges” in the community near Battersea Bridge. Evening Standard · Dec 21, 2023
Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7% Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectation among economists that home loan borrowing costs will ease further next year The Independent UK · Dec 21, 2023
OPINION - London is bleak in winter: but we can still see the light in the city of darkness The first line of the song Cities by Talking Heads is, “Think of London, a small city/It’s dark, dark in the daytime.” That is an American perspective, but as Londoners travel to the station or bus stop and then from work to home again, it does feel like being in… Evening Standard · Dec 21, 2023
Most expensive streets in Scotland named for 2023 A STREET in Edinburgh has been named as the most expensive to buy a home on in Scotland for the second year in a row. The National (Scotland) · Dec 21, 2023
What is pattern book development and how can it help ease the housing crisis? Australian cities are grappling with ways to increase housing supply and make it more affordable. One suggested solution is “pattern book” development. The idea made headlines when proposed recently by Housing Now, an alliance of businesses and lobby groups in New South Wales. The Conversation · Dec 21, 2023
Australian shares take a dive after days of gains The local share market dropped 0.5 per cent, closing lower for just the second time out of the past 10 sessions. AAP · Dec 21, 2023
Cost of living relief under consideration for new year Australians on low and middle incomes could be in for further relief as the Albanese government considers how it can help households under strain. AAP · Dec 21, 2023
UK's most expensive streets 2023: west London dominates with house prices 72 times national average The most expensive street in London had average house prices more than £10 million higher than the next priciest region Evening Standard · Dec 21, 2023
Justice Department sues Texas developer accused of luring Hispanic homebuyers into predatory loans The Justice Department has filed its first predatory mortgage lending case against a Texas developer accused of luring tens of thousands of Hispanic homebuyers into “bait and switch” sales through platforms like TikTok The Independent UK · Dec 20, 2023
Home sellers across Newcastle and Lake Macquarie make $548 million profit Homeowners in Newcastle gained a median profit of $350,000. Newcastle Herald · Dec 20, 2023
Evening Standard · Dec 20, 2023 Havering Council on 'brink of bankruptcy' after being 'shortchanged' by Government Council leader Roy Morgon warns that an increase in funding is a 'mere drop in the ocean'
Evening Standard · Dec 20, 2023 Private sector will pay for HS2 Euston tunnel, Transport Secretary Mark Harper insists The National Infrastructure Commission warns that developers will not pay for the tunnelling works
The Guardian - UK · Dec 20, 2023 UK council tenant’s death could have been due to mouldy home, doctors say Jane Bennett, 52, died from lung disease after identifying severe mould in her home as coroner demands action from council
The Texas Tribune · Dec 20, 2023 Feds sue Colony Ridge developer, accusing it of preying on Latino homebuyers Federal authorities accused the Houston-area developer of targeting Latino home buyers with predatory loans and false promises. The housing development drew the attention of state lawmakers after right-wing publications claimed it is a magnet for undocumented immigrants.
International Business Times · Dec 20, 2023 US Home Sales Edge Up In November But Still Gloomy Sales of US existing homes crept up in November, according to industry data released Wednesday, though they remained at a low level as high mortgage rates weigh on activity.
The Independent UK · Dec 20, 2023 Home sales snapped a five-month skid in November as easing mortgage rates encouraged homebuyers Sales of previously occupied U.S. homes rose in November, ending a five-month skid, as easing mortgage rates encouraged homebuyers
Evening Standard · Dec 20, 2023 Quarter of London’s rough sleepers are now ex renters as costs soar Around 100 evicted tenants now end up on the capital’s streets every month
Evening Standard · Dec 20, 2023 Homeless man who built £300 shed under Battersea Bridge says: 'I'm living the dream' Shahoo Amini, 43, tells the Standard he feels 'lucky' to have riverside views
The Guardian - UK · Dec 20, 2023 Cost of private renting in UK rising faster than ever, says ONS Data is sign tenants failing to benefit from fall in inflation and lower house prices
The Independent UK · Dec 20, 2023 Bank of England under pressure to cut interest rates after surprise inflation fall Labour say more than a million people face higher mortgage payments ‘after the Conservatives crashed the economy’
Evening Standard · Dec 20, 2023 Interest rates could be cut by March, City markets predict But the Bank of England has been warning that rates may stay higher for longer than traders hope