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The Latest Breaking News on Real Estate

City blesses plans to add apartments to two Loop office buildings

The proposals to revitalize the LaSalle Street corridor represent investments of $320 million and would add about 600 housing units to the Loop, almost half “affordable” under city rules.

Chicago Sun-Times

Negotiations over Biden administration claim that City Hall engaged in environmental racism are down to the wire

Mayor Lori Lightfoot and HUD are trying to work out a settlement before she leaves office. The agency found that Chicago relocates polluting businesses from white communities to Black and Latino neighborhoods.

Chicago Sun-Times

Armed police swoop on estate and man is arrested on suspicion of attempted murder

Police said the incident was "isolated" and confirmed they were not looking for anyone else in relation to it

Wales Online

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read the most diverse news in one place.

Jim Chalmers promises cost-of-living relief for all ages as speculation on surplus intensifies

Housing affordability, clean energy and ‘place-based’ responses to poverty major priorities in Albanese government’s budget

The Guardian - AU

Parents spark debate for flying first class while children and nanny sit in economy

‘I fail to see what lesson this will teach them,’ one critic says of plane seating arrangements

The Independent UK

Landowner 'aggrieved' by East Lothian planners refusal to let him build new house

The original plans to rebuild an old schoolmasters house on the land was approved by Scottish Ministers but when the landowner submitted new designs relocating the house to a different part of the site it was rejected by planners

Edinburgh Live

Former Catholic church in Bedminster goes up for sale

The listing forbids any new plans for the building from "sordid use"

Bristol Post

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‘World’s coolest neighbourhood’ threatened by Danish ghetto law

Government accused of racism for forcing sale of social housing in Copenhagen’s Mjølnerparken estate

The Guardian - UK

Plans to transform part of Cardiff Bay with new homes, offices and hotels

Cardiff Council is asking developers to submit expressions of interest to transform Atlantic Wharf

Wales Online

New flats planned for Gloucester Road spark fears of increased parking problems

Planners are set to give their approval next week

Bristol Post

Gray Posts Q1 Loss Amid Production Facility Charges

Core ad revenue down 2%

Broadcasting & Cable

‘Owning a home a dream’: Housing crisis hits Turks ahead of polls

Turkey is going through an immense housing crisis ahead of key elections amid hyperinflation and economic downturn.

Al Jazeera

Bona Mugabe’s $8m home, assets exposed in divorce angers Zimbabwe

Revelations about multiple assets linked to the Mugabe family have triggered outrage weeks after an Al Jazeera exposé.

Al Jazeera

Jim Chalmers attacks ‘coalition of weirdos’ as Labor pushes Senate to vote on housing fund next week

Treasurer says budget will include ‘additional measures’ to help renters as Greens launch last-ditch bid to restart negotiations

The Guardian - AU

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Nottingham Post

DWP warns Universal Credit claimants to act over expected rent increases

Many are expecting rent increases as we head into the new financial year

Wales Online

First-time buyers need £200 a month more for mortgage than they did a year ago

Across the UK, the average asking price for a first-time buyer type property currently sits at a record of £224,963

The Guardian - UK

Mortgages for new UK first-time buyers up ‘nearly £200 a month’ on a year ago

Rightmove says rise is due to combination of higher home loan rates and record asking prices for properties

ABC News

Silk, mulberry trees and the WA 'get-rich' scheme that was tainted by 'scandals'

In the 1800s, the WA government invested in the lucrative silk trade, taking it to the "world stage". But in less than a decade its opportunistic silk ambitions "fell through".

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news in one place.

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The Guardian - AU

Inflation will decline faster than previously forecast as Australian economy slows, RBA says

The Reserve Bank’s quarterly statement on monetary policy predicts that the underlying inflation rate will end the year at 4%

The Independent UK

First-time buyers face £200 more a month on mortgage than last year, data shows

Rightmove said those with a 15% deposit may now pay an average of £1,056 per month.

Evening Standard

London first-time buyer monthly mortgage payments up £363 in a year despite falling asking prices

New research reveals the true impact of rising interest rates on those looking to join the property ladder in the capital

ABC News

As the WA government commits $2.6 billion to social housing, here's how many homes that gets

Western Australia is going through what the government says is its biggest ever spend on social housing, at a cost of $2.6 billion. Here's what's being done, and why the question of whether it's value for money is complicated.

Bangkok Post

Home building costs up 3.5%

Sanitaryware price hikes led to a 3.5% increase in the standard home construction price index in the first quarter of 2023 amid higher fuel costs, according to the Real Estate Information Center (REIC).

The New Daily

Michael Pascoe: Higher education rates also key to generational gap on home ownership

Generational factors are more to blame for the housing crisis than hipsters’ love of expensive smashed avo on toast.

WEKU

Financier buys Jeffrey Epstein's private islands, with plans to create a resort

Financier Stephen Deckoff paid $60 million for Great St. James and Little St. James. He hopes to open a resort on the islands by sometime in 2025.

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