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The Latest Breaking News on Real Estate

Labor MPs condemn ‘discriminatory’ plan to increase jobseeker only for those over 55 in budget

Concerns growing that any changes to rental assistance will also fall along generational divides

The Guardian - AU

Prominent George Street property set to be 'defurbished'

The transformed offices should provide ‘much-needed’ supply to the capital

Insider UK

UK house prices rise for first time in eight months

Nationwide expert hails ‘tentative signs of a recovery’ as buyers’ confidence improves

The Guardian - UK

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read the most diverse news in one place.

Warning to all first-time buyers after April increase

Rising rents may be encouraging some first-time buyers to make the jump onto the property ladder

Liverpool Echo

UK house prices rise after seven months of falls; Uber revenues jump; eurozone inflation rises to 7% – as it happened

Nationwide reports that UK house prices shows ‘signs of stabilisation’ in April, rising unexpectedly by 0.5%

The Guardian - UK

‘Tentative signs of a recovery’ as house prices rise month on month

Average UK house prices had fallen month on month for seven months in a row before April’s pick-up, Nationwide Building Society said.

The Independent UK

Life on 'developing' Nottinghamshire estate attracting residents from across the country

Many say they chose to live there specifically for its links to Nottingham city centre

Nottingham Post

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‘Why we sold our north London house to rent near Woking — for more than our mortgage’

The Coldrey family sold their semi-detached house in north London, initially to rent near Woking in Surrey

Evening Standard

Reserve Bank hikes interest rates in May despite slowing inflation

The RBA has dashed hopes of another pause in interest rates, resuming hikes in May amid fears inflation - though slowing - is still too high.

The New Daily

Plans underway for old Franklin Street bus station to be redeveloped into apartment towers

The Adelaide City Council has agreed to hand over the former bus station on Franklin Street to the state government so it can be redeveloped into two apartment buildings.

ABC News

Mortgage apathy can cost £160,000

Peter McGahan, chief executive of Cornwall-based Worldwide Financial Planning explains the benefits of interest only mortgages

Birmingham Post

Relaxed restrictions on granny flat rentals pitched to help ease housing crisis

Granny flats are common to suburban backyards but in many states they cannot be privately rented out. There are calls for that to change.

ABC News

California sues Elk Grove over housing project for homeless

California officials are suing a local government for not approving an apartment complex for people experiencing homelessness

The Independent UK

Succession season 4, episode 6 recap and power rankings: Have we reached peak Kendall?

The Roys search for the fountain of youth and a new vision for Waystar's future. But Kendall has a gleam in his eye, which can only mean one thing.

ABC News

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news in one place.

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Newsroom.co.nz

Govt green light for riskier KiwiBuild projects to steady market

Ministers will accept greater risk for potential developments to head off a wider construction crash.

WhatToWatch

Succession season 4 episode 6: Shiv is making movies

Succession season 4 episode 6 features Shiv making moves, Kendall trying to be a power player and Roman going on a firing spree.

The Guardian - AU

Analysts predict RBA will leave cash rate at 3.6% for second consecutive month

But CBA, the nation’s largest mortgage lender, thinks a rise to 3.85% is likely before cuts start in November

The Independent UK

Help to Buy could return as Tories try to woo first-time buyers

Labour accuses ministers of abandoning ‘a whole generation’

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news in one place.

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Daily Mirror

Couple buy dream home and live there for five years - then find out they don't own it

Jess and Jackie Morecroft bought a dream home at auction and after living in it for five years, a court ruled it still belonged to their previous owner on Australia's Gold Coast

Reason

Just How Bad was that New York Times Piece on Supreme Court Justices Teaching at Scalia Law?

This bad: The documents show how Scalia Law has offered the justices a safe space in a polarized Washington — an academic cocoon filled with friends and former clerks, where their legal views are celebrated, they are given top pay and treated to teaching trips abroad, and their personal needs…

Glasgow Live

Wyndford flats to be blown up in controlled explosion as demolition plan unveiled

The demolition of four blocks of flats on Wyndford Road will take two years and involve a 'controlled' explosion to make way for 300 new homes for social and mid-market rent.

Daily Mirror

Ex-Man Utd star Wes Brown went bankrupt after losing millions in car debt and property deals

A string of bad property deals led to former Manchester United defender Wes Brown being declared bankrupt last week after two creditors filed petitions against him

The New Daily

WA pledges $500 million to ease housing shortage

The West Australian government will allocate $511 million to social housing and loan programs in a bid to combat homelessness.

ABC News

Social housing and homeless given $511 million boost in WA budget to allow for 700 new homes

The WA government is committing another $511 million to social housing and homelessness initiatives under the state budget in a fresh bid to offer enough properties for those most in need.

The New Daily

Calls to tackle ‘biggest housing crisis in memory’

More than 40 organisations have signed a letter to the treasurer demanding more investment in social and affordable housing in the upcoming budget.

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