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The Latest Breaking News on Real Estate

Bay Area homes selling below asking price for first time in 10 years

SAN JOSE, California -- Looking to buy a home in the Bay Area? The odds of scoring a deal could be tipping in your favor.

Tribune News Service

Restrictive covenant at New Norfolk housing development blocks use of land for public housing

The use of a "restrictive covenant" — which excludes use of the land for public housing at a new Tasmanian real estate development — has been condemned by housing advocates.

ABC News

Vulnerable tenants being left at the mercy of callous landlords

Letters: Belinda Fowler says she feels like she’s being punished repeatedly for not owning her home. Plus letters from David Thomas and Suzanne Muna

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Bid to convert Midlothian house into flats thrown out amid fears over anti-social behaviour

One objector said they would have to move if the plan went ahead.

Edinburgh Live

Hundreds of teenagers break into luxury $6.5million house in 'mansion rager' party

A viral flyer shared on Snapchat promoted what was branded a "mansion rager" at a riverside property in Austin, Texas, and hundreds of people showed up ready to party

Daily Mirror

Bristol City Council's housing firm defends 'very pessimistic' business plan

Councillors were concerned about a lack of financial figures and dates for house-building

Bristol Post

New insight into the logic behind February rate rise

The Reserve Bank's board minutes will be scoured for fresh insights into the central bank's cash rate decisions and how many more hikes are to come.

AAP

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Families ditch lifestyle homes for affordability

Cost of living pressures are driving demand for homes in school zones in affordable city fringe locations.

AAP

Document shows council's housing company expects delays to almost half of its projects

Fears were released in report that suggests the firm isn't being transparent with developer partners

Bristol Post

Houses boarded up as work begins to demolish Cardiff estate

Work began on Monday after plans were approved in December 2021

Wales Online

Nottingham City Council shares new approach to community buildings

It is hoped the policy will standardise a fair and consistent approach being taken by the council, as it is the first formal policy the council has had which covers all buildings.

Nottingham Post

Mum devastated as developer 'keeps her deposit' and pulls out of house sale

Mum Julie Nicol was devastated when her lawyer told her developer Kingston Residential had withdrawn from the sale of the three-bedroom house she was due to move into

Daily Mirror

Protest art praised for highlighting housing dereliction in Phibsborough

Posters were stuck on the outside of an empty retail unit that advertised local derelict and vacant buildings

Dublin Live

Is London finally rising beyond Brexit?

City Comment: London may finally be recovering its pre-Brexit poise

Evening Standard

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The Guardian - AU

Guardian Essential poll: most think RBA rate hikes an overreaction as shine comes off Albanese

Majority believe government at least partially to blame for rises but don’t assume Coalition would manage them better

Daily Record

Paisley mum lost £9k after developer pulls out of sale but keeps the cash

Julie Nicol has been unable to get the money returned to her after Kingston Residential (KR) said it was in financial difficulty.

Chicago Sun-Times

Design contest invites architects’ best ideas for housing on the South, West sides

The Chicago Architecture Center’s Come Home Initiative aims to build momentum for investments in the South and West sides.

The Times of India

Maharashtra RERA issues show-cause notices to 313 projects for shortcomings

MUMBAI: Following an external auditor's report pointing to several shortcomings, the Maharashtra Real Estate Regulatory Authority on Monday said it has issued show-cause notices to 313 big projects across the state.

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The Texas Tribune

Houston wanted to lead the nation in long-term affordable housing. Now it’s backpedaling.

Houston’s community land trust was once touted as an innovative way to address its housing crisis. But city leaders slashed its funding by half as bureaucracy bogged down the program and enthusiasm dwindled.

Evening Standard

Property millionaires club grows as another 10,000 London homes receive seven-figure valuations last year

Research shows almost one in 10 London homes are now worth £1 million or more, but the number of new property millionaires is growing fastest in other parts of the UK

The Independent UK

Russia sells weapons at Abu Dhabi arms fair amid Ukraine war

Russia is offering weapons for sale ranging from Kalashnikov assault rifles to missile systems despite facing sanctions from the West over its war on Ukraine

Birmingham Post

Housebuilder Cussins bucks market slowdown thanks to demand for rural properties

The Northumberland developer said that only the availability of land was constraining growth

The Guardian - UK

Tesco store workers get 7% pay increase; UK property asking prices stagnating – as it happened

Supermarket chain lifts hourly pay rates again, while UK property asking prices rose by £14 in February

Glasgow Live

Paisley mum raging as developer pulls out of house sale and 'keeps her deposit'

Julie Nicol was told she'd need to stump up an extra £40,000 for the new build home she was due to move into at the end of last year or wait for it to be resold before she can get her cash back.

Manchester Evening News

Awaab's Law latest as damp and mould reported at more than 2,000 RBH homes

The landlord's interim chief has welcomed the planned law changes

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