The Latest Breaking News on Real Estate

Brits are poorer than Americans because we spend more on worse homes, Social Market Foundation think tank says

The Social Market Foundation blamed “dysfunction in the UK housing market” for the difference

Evening Standard · Aug 9, 2023

Bellway cuts jobs in anticipation of UK property market slowdown

Prospect of higher mortgage rates and end of help to buy scheme leads housebuilder to shut two divisions

The Guardian - UK · Aug 9, 2023

In previous downturns the world turned to China as an engine of growth – this time that driver may not be there

What might Chinese deflation mean for interest rates, commodity prices and even EV exports outside China?

The Guardian - AU · Aug 9, 2023

Mortgage Payments Spike Nearly 20% From a Year Ago

High interest rates and expensive home prices are hurting potential homebuyers, as mortgage payments jump from a year ago. Payments are up almost 20% from last year.

Kiplinger · Aug 8, 2023

Where Inflation is Causing Property Taxes to Increase the Most

Inflation is partially to blame for property taxes increasing the most in these places. Is your city on the list?

Kiplinger · Aug 8, 2023

The death of the nightclub: what Britain will lose when the dancing stops

More than a third of Britain’s nightclubs have closed since June 2020. Yet they boost mental health and artistic innovation - and bring in billions for the economy

The Guardian - UK · Aug 8, 2023

Bibby Stockholm: Home Office threatens asylum seekers with homelessness for refusing to move onto barge

Government accused of targeting asylum seekers who have been unable to secure legal representation, as more people move on board

The Independent UK · Aug 8, 2023

Govt. acting like a real estate broker, says Eatala Rajender

Eatala Rajender questions govt. for "gloating" over high real estate prices, while forcing farmers & Dalits to give up lands for pittance. He criticizes CM KCR for lack of respect for democratic practices & constitutional norms, & for not discussing recent floods & losses.

The Hindu · Aug 8, 2023

WFH Impact on Commercial Real Estate Market: Kiplinger Economic Forecasts

Commercial real estate continues to struggle. Office vacancies hit 18.9% in the second quarter of 2023.

Kiplinger · Aug 8, 2023

West London home available for just £160,000 — but it only has one window

Close to the Elizabeth Line, in a grand Victorian townhouse, this property is 80 per cent below the average price on its street but you’ll soon see why.

Evening Standard · Aug 8, 2023