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The Latest Breaking News on Real Estate

UK house prices fall for fifth month in a row

Average cost of home now 3.2% below August 2022 peak as mortgage demand slumps

The Guardian - UK

Dumfries and Galloway council officers believe Kirkcudbright infrastructure won't be overwhelmed by new housing development

Concerns have been raised at the impact 62 new houses at The Merse could have on schools and medical facilities

Daily Record

Comment: ‘London housing is completely unaffordable for young people — it doesn’t have to be so’

It’s hard to see a bright future for London’s younger generations — but the shift to increasingly unaffordable housing isn’t as inevitable as we think

Evening Standard

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Average UK house price fell by 0.6% in January

Annual house price growth slowed to 1.1%, from 2.8% in December, Nationwide Building Society said.

The Independent UK

UK house price growth slowest since mid-2020; manufacturing contracts for sixth month in a row – as it happened

UK annual house price growth slows to 1.1%; investors await US Federal Reserve message on whether it will tighten monetary policy further

The Guardian - UK

Average UK house prices fall as market continues to cool, says Nationwide

Annual house price growth in January slowed to 1.1%, from 2.8% in December, according to Nationwide

Evening Standard

Average house price falls 0.6% month on month

This left average prices 3.2% lower than their August peak

Wales Online

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Housing association L&Q subjected me and my terminally ill mother to a 15-month ordeal

After the group failed to repair our flat, we were shunted around hotels and serviced apartments

The Guardian - UK

Cost of living sees 35,000 Vic households struggle with rental stress, homelessness and overcrowding

With the cost of living soaring, Brooke is "scrambling" to pay rent, which costs over half her weekly household income. According to a new report, Brooke is one of thousands of Victorians facing the same financial pressure.

ABC News

Reserve Bank expecting up to 800,000 fixed home loan contracts will end this year

As charities report increases in workers needing support amid rising living costs, the Reserve Bank is forecasting household pressures will increase as fixed-term home loans end.

ABC News

Luxe pad to break record

The architecturally-designed home was completed in 2020.

Newcastle Herald

London flat for rent for £1,400 a month with bed tucked away in kitchen cupboard

One TikTok user took to social media to amuse her followers after spotting the bizarre Pimlico apartment that had a bed contained in the kitchen-diner cupboard

Daily Mirror

PulteGroup reports robust growth to finish 2022; net income up 33%

Atlanta-based PulteGroup on Tuesday reported net income of $882 million for the last quarter of 2022, up 33% from the same period a year earlier.

Tribune News Service

Outback Queensland council to auction cheap land to address housing shortage

A Queensland council is preparing to auction off almost 50 cheap blocks of land to address a dire housing shortage – and buyers are flocking to snap up a bargain.

ABC News

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The Guardian - UK

Only 10,000 people in Great Britain have applied for government-issued voter ID

Exclusive: number is just 0.5% of those who could need the document under new scheme

Kiplinger

The Best Closed-End Funds (CEFs) to Buy Now

The best closed-end funds (CEFs) remain highly popular with income-seeking investors even amid the rise of exchange-traded funds (ETFs).

Tribune News Service

US housing market cools with prices down 2.5% from peak in June

The US housing slump stretched into a fifth month, sending a measure of prices down 2.5% from a peak in June.

Glasgow Live

Glasgow's new liveable neighbourhood 'concept designs' released

The Liveable Neighbourhood plans will see streets transformed into safer, more attractive spaces - but questions have been raised over where the funding to maintain these spaces will come from.

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news in one place.

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Liverpool Echo

25 homes proposed on site of iconic Mersyside nightclub

Developers have said the new plans "include a number of significant" benefits that would "greatly outweigh any perceived harm"

WEKU

Nursing home owners drained cash while residents deteriorated, state filings suggest

As the U.S. government debates whether to require higher staffing levels at nursing homes, financial records show some owners routinely push profits to sister companies while residents are neglected.

The Guardian - UK

John Thompson obituary

Founding chair of the Academy of Urbanism determined to involve local people in architectural decisions about their neighbourhoods

AAP

Fuel retailer warns of cost-of-living 'trade-offs'

Ampol says there are trade-offs to be made between living costs, fuel security and the energy transition.

AAP

Home values slide further but regions prove resilient

The property downturn is hitting capital cities harder than regions, suggesting higher demand has become permanent for regional markets.

Edinburgh Live

Edinburgh’s unwanted properties that won’t budge - but could be your dream home

Here in Edinburgh, we’re often told the property market is uber-competitive and people will beat you to the post if you’re not quick - but some of the capital’s homes take their time coming off the market.

The Independent UK

Former fast-food employee who began investing at 19 says she will be a millionaire before she’s 40

By the age of 25, she had $100,000 saved

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