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The Latest Breaking News on Real Estate

‘Limits of affordability’: Rental crisis hits grim new milestone as vacancy rates sink again

Australia’s rent crisis has reached a grim new milestone, with new data revealing the national vacancy rate slipped again in February.

The New Daily

Industrial buildings at disused former Gorseinon Business Park to be demolished to make way for homes

More than 30 homes could be developed on the site which has fallen out of use in recent years

Wales Online

New flats built for private sale in Camden may be reallocated to house refugees

Dozens of the flats intended to fund the north London council’s redevelopment schemes could be reallocated to provide more permanent homes to refugees

Evening Standard

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Martin Lewis likens new help for people struggling to pay mortgages to ‘thin sandwich’

The FCA warned those rolling off a fixed-rate mortgage deal could end up paying an extra £340 a month.

Daily Record

Northern Ireland housing market continues higher despite inflationary pressures

Lack of new supply underpins

Birmingham Post

Glasgow west end school redevelopment gets planning permission

The 49-home development will aim to maintain period features of the 120 year-old Napiershall Street building

Insider UK

Fight that killed Gilberton man sparked over 'petty complaint' about a bottle of whisky

South Australia's Supreme Court hears a man who killed his friend of 30 years during a drunken argument is "distraught" that he caused the death of the only father figure in his life.

ABC News

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Grandmum facing homelessness is 'out of her mind' with worry

Paula Byrne Hawes said the Government’s decision to lift the eviction ban has left her with nowhere to go in just three weeks’ time

Dublin Live

Scots OAP vows to chain herself to housing association office in protest over lack of heating

Valdirmere Tchaikovsky, 71, lives in a property in Gowans Terrace owned by Kingdom Housing Association (KHA) but claims she has been without heating for four weeks.

Daily Record

'I strip naked at the weekends to be drawn for serious money'

"I did six jobs this weekend alone and there is really good money potential"

Liverpool Echo

Former Logan mayor spared jail time for corruption

A Queensland judge says former Logan City Council mayor Luke Smith engaged in "obvious criminality" by favouring a developer in return for a luxury boat.

AAP

More homeowners to face mortgage misery by next year, says City regulator

Prediction is less gloomy than previous estimate but 356,000 more households are forecast to be struggling to make payments

Wales Online

Tasmanian government to push ahead with a 2,500-dwelling Skylands housing plan

Tasmania's Planning Minister will attempt to overrule a council's decision to reject a massive housing plan on Hobart's eastern shore — and it could come down to a line on a map — but neighbours say the minister has gone back on his word.

ABC News

California sues Huntington Beach over ban on housing projects

SACRAMENTO, Calif. — Gov. Gavin Newsom and Attorney General Rob Bonta announced Thursday that the state filed a lawsuit against Huntington Beach, alleging that the city’s ban on approving applications for certain types of housing projects is a violation of California law.

Los Angeles Times

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Bangkok Post

Measures sought to stimulate market

The next government should revise loan-to-value (LTV) limits, reduce the minimum land size for low-rise houses and extend the leasehold period to stimulate residential demand amid unfavourable conditions, according to property associations.

The Independent UK

California sues Huntington Beach over affordable housing

California is suing the city of Huntington Beach for not following state housing laws

Belfast Live

Almost three quarters of private tenants in Belfast being charged more than Housing Benefit allowance

This comes after Belfast City Council blocked a proposal to ask for the power to introduce rent controls

Tribune News Service

US household net worth increased in fourth quarter on stock values

U.S. household net worth increased in the fourth quarter as a gain in the value of equity holdings more than offset weakness in real estate.

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Tribune News Service

Home values in South Florida jump 13%, despite the slowing market

FORT LAUDERDALE, Fla. — Homeowners across South Florida saw their homes values rise over the past year, despite the market taking a turn, new data shows.

Liverpool Echo

Police attend address after incident in Toxteth

A number of police vehicles attended the scene

The Guardian - UK

Why access to legal aid is impossible for those who need it most

Letter: Thanks to a terrible piece of legislation passed a decade ago, hundreds of thousands of people do not receive the early legal advice that should be their right, says Willy Bach

Daily Record

Stirling man brandished pole, knife and hammer during disturbance outside city flat

“He was in possession of a large metal pole. He snapped it in half and was using it in a threatening manner towards others," said fiscal depute.

WEKU

Black couple settles lawsuit claiming their home appraisal was lowballed due to bias

Paul Austin and Tenisha Tate-Austin alleged that an appraiser undervalued their home by nearly $500,000. They got a higher appraisal after they removed evidence that a Black family lived in the home.

Edinburgh Live

Angry West Lothian neighbours say new flats will 'destroy their privacy'

Bathgate residents will lose a tree belt and see flats looking down into their gardens if housing plans for a former abattoir site go ahead, say objectors

Dublin Live

Cost of living Ireland: Dublin councillor criticises government's 'perfect storm' response to eviction bans

Labour's Joe Costello explained that current attitudes towards the housing crisis are unhelpful, as the government plans to end the temporary ban on evictions on March 31

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