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The Latest Breaking News on Real Estate

Australian-first affordable rental scheme a ‘massive relief’ for Victorians faced with housing crisis

Exclusive: About 2,400 homes will be available for low- to middle-income renters under ‘big housing build’

The Guardian - AU

Property boss admits 'underestimating' historic building's refurbishment and wants to demolish it

Alex Watson says the property would cost around £1.3 million to renovate.

Daily Record

Historic East Lothian beach house gets go-ahead for roof terrace

Seafield, in North Berwick, was built in 1897 facing the town's West Beach and still has its original front door

Edinburgh Live

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read the most diverse news in one place.

Funding secured for new 'build to rent' apartments in Titanic Quarter

The Loft Lines development will consist of 627 build to rent apartments and 81 social homes

Belfast Live

The heartbreaking reason Trump donor couple adopted daughter who died in Virginia plane crash aged 40

Businessman John Rumpel says his daughter, grandchild and nanny were on board the Cessna Citation that crashed in Virginia

The Independent UK

Half of big international firms to cut office space in next three years – survey

Survey of 350 businesses shows 56% favour hybrid working

The Guardian - UK

Gov. Pritzker should quickly sign bill to reform property tax scavenger sales

The bill, once it’s law, could become a significant redevelopment tool by making it easier to get tax-delinquent vacant properties in Cook and other counties back into use.

Chicago Sun-Times

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Housebuilders cut back on construction as UK mortgage rate rises spook buyers

Work on residential building sites slips in May to weakest level since 2009

The Guardian - UK

Edinburgh garage near Leith Walk set to be demolished to make way for 112 student flats

Two local community councils have objected to the plans.

Edinburgh Live

Climate risks have made California uninsurable. When will we wake up?

State Farm will almost entirely stop issuing new policies in California – with climate-exacerbated wildfires and bad public policy a large reason why

The Guardian - US

Buying a House Could Be the Best Investment You Ever Make

Homeownership is the largest source of wealth for many. If you're facing home-buying hurdles, real estate agents who are Realtors and certified housing counselors can help you get there.

Kiplinger

Interest rate fears drive housebuilding down at pace only seen during pandemic and financial crisis

The data “will send a chill down the spine of the UK economy”, economist Dr John Glen said

Evening Standard

Uninsurable America: Climate change hits the insurance industry

The threat of climate change-related disasters is a large factor driving up consumer costs and putting insurers out of business.

Axios

What’s the Caribbean without its beaches? But the people are losing access to them

Barring public access to beaches and other sites is not a model for development. Transparency and engagement are needed

The Guardian - UK

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news in one place.

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ABC News

Frasers Property Australia apologises, promises to fix defects in Shell Cove homes on NSW south coast

Frasers Property Australia says 12 remedial teams are fixing "design issues" in some of the 3,500 homes being built in Shellharbour, but some residents are critical of the slow pace.

ABC News

Torquay business owner takes on second job as interest rates rise again

Mia De Rauch says she has "no more time to give" as she runs a video production business and works hospitality shifts to keep up with increasing mortgage repayments and bills.

The New Daily

Interest rates hiked in June: RBA moves to 4.1 per cent amid fears about inflation plan

The Reserve Bank raised interest rates another 0.25 percentage points in June and has signaled more could be on the horizon.

The Guardian - AU

RBA interest rates: Reserve Bank increases cash rate by 25 basis points in attempt to quash inflation

RBA decision to raise Australia’s cash rate by another 25 basis points brings the official rate to 4.1%, its highest level in 11 years

Get all your
news in one place.

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The Conversation

How India's 'slum-free' redevelopment fails residents by ignoring their design insights and needs

I’m in Ahmedabad, India, standing where families once built their homes under the shade of large trees. Today, those houses are a flattened dust bowl at the edge of a construction site. Apartment buildings are replacing the low-rise, high-density settlement called Ramapir No Tekro, the city’s biggest informal settlement.

The Conversation

Housing and heritage aren’t mutually exclusive – a few basic rules can help get the balance right

Anyone trying to follow the latest political debate over housing, urban intensification and development can be forgiven for feeling confused.

The Guardian - US

Home Depot is selling tiny homes you can build yourself for less than $50,000

The homes are advertised as ‘resilient to extreme weather’ and also keep out insects and rodents, according to manufacturer Plus 1

Liverpool Echo

Neighbours told to 'use blinds' to block view of house to be built 'too close'

Planning officers said building the house too close to a neighbour's study would not be "unacceptable"

ABC News

What are your rights to natural light in your home as a tenant or property owner?

Evidence is growing about the importance of being exposed to enough natural light, but what rights do residents have to protect their access to it?

ABC News

How did the construction industry enter an insolvency crisis, and how can it get out?

The construction industry insolvency crisis is sweeping the nation, and it's devastating for both consumers and builders. So what can be done about it?

Newcastle Herald

Land values could come into play in recommended council rates overhaul

IPART says a broader review could consider rates based on improved land value.

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