The Latest Breaking News on Real Estate

Average house price predicted to be £45,000 higher by 2028

The expectation of a gradual reduction in interest rates suggests a progressive restoration of buying power and recovery in demand, Savills said.

The Independent UK · Nov 8, 2023

‘Bring Chicago Home’ referendum to reduce homelessness through tax on high-end property sales clears City Council

Tuesday’s 32-17 vote is a major political victory for Mayor Brandon Johnson. Next comes a battle between Johnson’s progressive coalition and the business community and real estate industry.

Chicago Sun-Times · Nov 7, 2023

Leasehold reform: 'endless carrot-dangling over desperate leaseholders’ heads wearing thin'

With no sense of timing or detail of promised reforms, leaseholders have been left hanging once again by watered down policies

Evening Standard · Nov 7, 2023

What WeWork filing for bankruptcy in the US means for London's office market

WeWork says London is and always will be, one of the firm's most important markets

Evening Standard · Nov 7, 2023

The Reserve Bank’s 13th interest rate rise is tightening the squeeze. But a pre-Christmas shock looks unlikely

RBA governor Michele Bullock’s debut rate rise as governor looks unlikely to be repeated next month

The Guardian - AU · Nov 7, 2023

Renters will remain in fear of losing their homes, charity says

Housing and homelessness charity Shelter accused the Government of having given in to Conservative backbenchers.

The Independent UK · Nov 7, 2023

House prices rise for the first time in six months, say Halifax - but are still lower than a year ago

A lack of supply has strengthened prices in the short-term, mortgage providers said

The Independent UK · Nov 7, 2023

What is the Renters’ Reform Bill and what are no-fault evictions?

New legislation promises ‘once-in-a-generation overhaul of housing laws’ but both landlords and tenants have expressed scepticism

The Independent UK · Nov 7, 2023

'Victory' for Londoners in leasehold reforms but still much more to do, warn campaigners

Ministers have long-vowed to change the controversial leasehold system

Evening Standard · Nov 7, 2023

Home, studio, a way to sell abandoned items: the many uses of self-storage

Priced out of their homes or unable to rent office space, some people in the US live or work in storage units. A few renters explain what they do with their spaces

The Guardian - US · Nov 7, 2023