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The Latest Breaking News on Real Estate

The value of condos transferred to foreigners nationwide in last year's fourth quarter reached the highest level in five years, with the number of units sold during the period being the second highest, according to the Real Estate Information Center (REIC)

Bangkok Post

Advocates call for National Rental Affordability Scheme extension amid soaring rents and cost of living

Pensioner Dennis Hayes is among thousands of Australians who are set to fall off the government rental scheme. Advocates say it must be extended, to avoid pushing people into homelessness.

ABC News

'Successful' homelessness service Together Home facing uncertain future after NSW election

It's helped 1,000 rough-sleepers into housing since the COVID-19 pandemic, but community housing advocates say neither major party has committed to making Together Home permanent ahead of this weekend's NSW election.

ABC News

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400 homes approved to grow 'new community' in Mansfield

Up to 400 houses can now be built on land off Abbott Road, Mansfield, after Mansfield District Council's planning committee gave the green light on March 13.

Nottingham Post

Elderly, chronically ill residents prepare to sleep in their cars as NRAS ends

Stolen Generation survivor Christine Anderson is accustomed to being "let down" by the government. Last week, she was told her rent will no longer be subsidised, leaving her searching for a new home.

ABC News

The 10 Best Cities for New Home Seekers

New home data from Realtor.com shows an unconventional blend of cities leads the U.S. in home construction permits, promising ample future supply.

Kiplinger

US new-home sales unexpectedly rise, showing some stabilization

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year.

Tribune News Service

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Glasgow needs more powers to tackle empty buildings in city centre

The council is set to write to both Scottish and UK Governments to call for more support in chasing down absentee property owners to help bring hundreds of buildings back into use.

Glasgow Live

Glasgow West End flats plan facing objections over blocking daylight

An appeal hearing is to take place next week.

Glasgow Live

Plans revealed to create 80 apartments in Ouseburn development

Developers Modo Bloc want to re-develop the former Grieveson's Yard site on Byker Bank

Chronicle Live

The historic derelict manor in the middle of one of Cardiff's newest housing developments

The building has a plaque dated 1649 but has been boarded up for several years

Wales Online

Council sells off former Ministry of Defence site for housing

The sale was approved by councillors with plans for 249 homes

Liverpool Echo

Neighbours face being taken to court by council over height of their fences

Four have now received enforcement notices and some of them have said they are committed to going to court over the “farcical” situation

Wales Online

Mortgage payers 'hammered' as Bank of England hikes interest rates

INTEREST rates have been pushed up for the eleventh time in a row to 4.25 per cent, the highest rate for 14 years.

The National (Scotland)

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The Guardian - AU

Early career essential workers unable to afford house prices anywhere in Sydney and Melbourne

Study shows workers forced to commute huge distances, live in overcrowded housing or suffer rental or mortgage stress

Manchester Evening News

Expert warns Bank of England interest rate rise will affect more than a million homeowners

It's the 11th consecutive time that interest rates have been increased - and it's bad news for the property market

The Money Edit

Interest rates rise to 4.25% - what does it mean for your money?

The Bank of England has increased the base rate for the 11th time in a row. We look at whether rates could rise further this year, and what the latest hike means for your mortgage and savings

The Guardian - UK

UK interest rate rise: what it means for you

How the new base rate of 4.25% might affect mortgages, house prices and credit cards

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Evening Standard

Interest rates hiked to 4.25% but Bank of England ‘hopeful’

The quarter-point rise comes amid growing talk in the City that rates are now near their peak

Daily Mirror

Interest rates hiked to 4.25% in more misery for borrowers - what it means for your money

The latest interest rates decision was decided today by the Monetary Policy Committee (MPC) and comes off the back of inflation unexpectedly jumping to 10.4%

Evening Standard

Dangerous levels of damp and mould reported in hundreds of privately rented homes across London

Research reveals the huge volume of complaints made to London councils over the presence of damp and mould in rented homes

Evening Standard

Transport strikes hit rebound in London office occupancy levels

Hybrid working has become very popular post-pandemic

Wales Online

Residents up in arms about plans for 'wellbeing village’ with 265 homes planned for site of former Cardiff secondary school

A planning application hasn't been submitted yet, but residents have been shown the plans by developers

The Independent UK

Heavily indebted Chinese developer proposes restructuring

China Evergrande, a real estate developer whose struggle to manage more than $300 billion in debt rattled global financial markets has announced a long-awaited plan to restructure what it owes to foreign bondholders

Kiplinger

3% Mortgage Rates: Gift of a Lifetime or Low-Rate House Arrest?

A homeowner planning to relocate or downsize might find the higher costs related to higher mortgage rates too much of a hurdle to clear. What are their options?

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