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The Latest Breaking News on Real Estate

Ban on no-fault evictions in England unlikely this year

Government ‘fast running out of time’ to pass bill reforming rental market, a cross-party open letter argues

The Guardian - UK · Oct 17, 2023

News Corp should spin off $7bn digital real estate assets, says activist investor

Rupert Murdoch empire could secure windfall by breaking up business, says Starboard Value

The Guardian - UK · Oct 17, 2023

3 Diversified REIT Gems to Explore

With solid economic data reigniting interest rate fears, economic uncertainty, and rising geopolitical instability due to the Israel-Hamas war, the stock market could witness wild swings. Amid an uncertain market backdrop, quality diversified REITs CoreCivic (CXW), Ladder Capital (LADR), and Whitestone REIT (WSR) could be ideal buys for a steady…

StockNews.com · Oct 17, 2023

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Bellway to slash number of homes built in 2024 and average selling price falls

London sales hold up better after the FTSE 250 firm concentrates on the outer zones

Evening Standard · Oct 17, 2023

Big backyards could hold key to solve housing crisis

The humble granny flat could help deliver much-needed housing supply as shortages continue to push rents skyward.

AAP · Oct 17, 2023

TV tonight: an enraging investigation into Britain’s housing crisis

This two-part documentary examines why the UK is one of the worst places in the world to buy a home. Plus, The Real Crown reaches the fateful year of 1997. Here’s what to watch tonight

The Guardian - UK · Oct 17, 2023

'Low tolerance' for slower return to target: RBA

Australia could be galloping towards a Melbourne Cup interest rate rise if progress on inflation proves too slow and the labour market too resilient.

AAP · Oct 17, 2023

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Revealed: the five London postcodes where rents are rising fastest — with a third or more added to the price

Tenants are paying more than £500 extra every month for a typical room in a shared house in one district in the capital, while another has leapfrogged more than 40 others in the price table

Evening Standard · Oct 17, 2023

Social housing complaints probed by ombudsman hit record high

Property condition remained the leading category as to why complaints were being made, followed by complaints handling, and health and safety.

The Independent UK · Oct 16, 2023

4 affordable housing strategies that are working in Canada

Cities like Vienna or Singapore are often referenced in news headlines proposing solutions for Canada’s housing crisis. But the arguments in favour of the strategies employed by these far-away cities often only skim the surface and can be easily dismissed with a response of “this will never work here.”

The Conversation · Oct 16, 2023

Expert: Trump lawyers' stunts risk jail

Trump’s attorneys “engaging in stunts, games, and frivolous tactics in violation of New York State ethics rules"

Salon · Oct 16, 2023

'Thousands of jobs': $225m plan for Mayfield logistics hub a step closer

The company owns several Hunter sites already.

Newcastle Herald · Oct 16, 2023

Granny flats are an untapped resource to relieve Australia’s housing crisis, report says

Research identifies 655,000 suitable homes, including 17.6% of all metro properties in Sydney and 13.2% in Melbourne

The Guardian - AU · Oct 16, 2023

Rent prices dip slightly in Chicago metro area, report finds

The median monthly rental price for the Chicago area stands at $2,389, a decrease of about 2% from September 2022, when that figure reached $2,437, according to a newly released report.

Chicago Sun-Times · Oct 16, 2023

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Evening Standard · Oct 16, 2023

Weakest October for asking price increases since 2008

Across Britain, average new seller asking prices rose by 0.5%, but the long-term average increase for the month of October is 1.4%, Rightmove said.

Evening Standard · Oct 16, 2023

London rental crisis: £1,000pcm room rents now the norm in growing number of postcodes

Exclusive data shows the continued creep of the four-figure housing payment for tenants in the capital’s shared homes, while no neighbourhoods remain with typical costs below £750

The Guardian - UK · Oct 16, 2023

Efforts to avoid ‘Grenfell-scale tragedy’ not taken seriously, says ex-mandarin

Exclusive: Building safety minister demanded ‘do nothing’ option be added to policy paper on collapse risks

The Guardian - UK · Oct 15, 2023

UK house prices rise at slowest post-summer rate since 2008 crash

Rightmove says 0.5% rise is smallest for time of year since financial crisis 15 years ago as higher interest rates hit home

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The Independent UK · Oct 15, 2023

Rightmove records weakest month of October for asking price increases since 2008

Across Britain, average new seller asking prices rose by 0.5%, but the long-term average increase for the month of October is 1.4%, Rightmove said.

The Guardian - UK · Oct 15, 2023

Labour’s housing plans will not solve the affordability crisis

Letters: Martin Walsh, Michael Ball and John Worrall respond to the party’s proposals to address housing issues in the country

WEKU · Oct 15, 2023

A hotel worker's 3-hour commute tells the story of LA's housing crisis and her strike

Long commutes are a key reason why LA hotel workers have been on rolling strikes since early July. And they have a unique solution for hotels to help them.

The Hindu · Oct 14, 2023

Not establishing educational institution on civic amenity site within time frame violates right to education: Karnataka High Court

Karnataka HC: Right to education of children violated due to non-establishment of educational institution on CA site allotted for that purpose. KHB to determine quantum of forfeiture of CA site & refund remaining amount in 4 weeks; DVK to deliver possession of property to KHB. #RightToEducation #KarnatakaHC #CAAllotment

The Hindu · Oct 14, 2023

Registration of flats and properties: Karnataka govt. urged to consider guidance value on date of sale deed

Thousands of homebuyers across Bengaluru are facing the same problem, as the State government hiked the guidance value in the city by an average of 30% to 40%, from October 1, almost five years since the last revision

The Hindu · Oct 14, 2023

I-T raid: Contractor’s son claims money came from land sale; BJP demands CBI probe

Son of contractor whose properties raided by I-T Dept. claims money is his own from land sale deal. BJP demands CBI probe into case, alleging proceeds of corruption. I-T Dept. tight-lipped, son to explain source of money on Oct. 17.

The Independent UK · Oct 13, 2023

Jeff Bezos buys neighbour’s Florida mansion for $79m in exclusive ‘Billionaire Bunker’ island

Not only did Amazon founder scoop up neighbour’s South Florida mansion for $79m, but he previously purchased property next door for $68m

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