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The Latest Breaking News on Real Estate

Why Sydney property prices could be about to rise again

The RBA's decision to keep the cash rate at 3.6 per cent will have an immediate impact on the nation's most expensive housing market, according to one expert, who's expecting buyers, and sellers, in Sydney to spring into action.

ABC News

These 3 REITs Are on the Top of Every Investors List

With market uncertainty weighing on investor sentiment, one looking for opportunities could consider investing in top Real Estate Investment Trusts (REITs), Gaming and Leisure Properties (GLPI), Ladder Capital (LADR), and Whitestone REIT (WSR), which pay stable dividends. Read more….

StockNews.com

Reserve Bank interest rate pause welcomed by mortgage borrowers as Lifeline prepares to meet with governor Philip Lowe

After 10 consecutive rises, the Reserve Bank has pumped the brakes on interest rates — much to the relief of mortgage borrowers and Lifeline, which has seen more first-time home owners suffering financial distress.

ABC News

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Rental squeeze getting worse as vacancy rates tighten

New data shows fewer rental homes are available for tenants with prices rising nationally in the first three months of the year.

AAP

Bank of England interest rate-setter warns inflation may get too low

Silvana Tenreyro has been one of the Monetary Policy Committee’s most consistently dovish members

Evening Standard

National Children's Hospital facing 'chronic shortage' of nurses and staff due to housing crisis

The issue is being seen across all sectors and could lead to further delays to the hospital opening

Dublin Live

Deaths, black mould, failing staff: social housing doesn’t have to be this way

When I joined the board of an English housing association I saw the pressures facing landlords under this government, says writer and broadcaster Anne Perkins

The Guardian - UK

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The cheapest areas to rent in UK in 2023 - with two places a short commute from Greater Manchester

Property site Zoopla has compiled a list of 10 areas with the lowest rent costs

Manchester Evening News

Northumberland family firm Cussins to build on success after £14m funding deal

The Alnwick developer is using the funds to to grow faster and increase the number of North East properties it builds per year

Birmingham Post

Canadian PM’s residence shut down over dead mice in walls, documents say

Officials decided to shut down decrepit building last year amid concerns that the air in the mansion was no longer safe to breathe

The Guardian - US

'Tsunami of misery' coming after eviction ban lifted, Fr Peter McVerry warns

More than 7,000 households are facing homelessness with eviction dates set in the coming weeks and months

Dublin Live

Plans for new Edinburgh homes and offices near railway opposed by locals

A submission has been made to Edinburgh Council, proposing eight flats as well as an office unit and landscaping at Meadowbank - with objections from locals already made.

Edinburgh Live

The RBA has paused its record run of interest rate hikes. Relief may only be temporary

Rising rents and energy prices, as well as stagnant wages, lead many economists to predict the rate is yet to peak

The Guardian - AU

Australian tenants spending $2,700 extra on rent on average over past year amid record low supply

Rents increase by 2.5% nationally in the latest quarter, according to CoreLogic, with Sydney the most expensive capital city

The Guardian - AU

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Edinburgh Live

West Lothian housebuilder urged to build bungalows to protect neighbours privacy

Objectors say new two storey homes would give them no privacy, while there is a shortage of housing suitable for wheelchair users

Wales Online

Neighbours in private road fume over mansion 'blocking out sunlight'

Plans for the property include a basement, library, drawing room and a conservatory

The New Daily

‘Pause doesn’t mean peak’: The RBA has stopped hiking rates – but will the mortgage reprieve last?

Millions of Australian homeowners were spared another increase in their mortgage bills on Tuesday when the RBA paused interest rates.

Edinburgh Live

Plans for new Edinburgh housing estate met with objections from locals

Plans for 36 new homes in Lochend have been submitted by Ema Architecture and Design, on a site that is the former location of the sales complex for the neighbouring Lochend Butterfly and Urban Eden developments.

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Daily Record

West Lothian homes plan rejected over fears road would become 'death trap'

There were 43 objections to the detailed plans

Al Jazeera

What New Yorkers think about Trump’s arraignment in the city

Al Jazeera speaks to New Yorkers as the former US president returns to his hometown to appear in court.

Irish Mirror

Peter McVerry sticks by claim Taoiseach overruled O'Brien on eviction ban

Spokespeople for Leo Varadkar and Housing Minister Darragh O'Brien both issued statements to the Irish Mirror denying suggestions from Fr Peter McVerry that the Taoiseach overruled the Minister on extending the eviction ban

Chronicle Live

Property expert issues key questions that everyone should ask when viewing a house

From how long the house has been on the market to what the neighbours are like, there are several vital things you should find out before putting in an offer

Evening Standard

First quarter London office sales slump as mini-budget continues to hurt property market

Property agent JLL forecasts £2.1 billion was transacted in the first quarter of 2023 across the Central London office market

Tribune News Service

South Florida set to receive millions in funding to tackle housing crisis, following state’s $711 million plan

South Florida stands to see a multimillion-dollar infusion from the state to make housing more affordable as part of a new effort to tackle the affordability crisis that’s stretching many paychecks thin.

Daily Record

Councillors approve 103 new homes in Blairgowrie with 71 per cent affordable housing

Councillors supported the new affordable housing but some raised concern they were not being integrated into the wider development

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