The Latest Breaking News on Real Estate

New garden cities and suburbs are a solution to the housing crisis

Green belts can be built on and still retain their traditional purpose as well as serving as carbon sinks for emissions

The Guardian - UK · May 28, 2023

RBA chief Philip Lowe in the hot seat at Senate hearing as interest-rate decision looms

Philip Lowe will field questions from senators six days before the Reserve Bank of Australia announces its next decision on interest rates

The New Daily · May 28, 2023

What does Australia’s median rent of $600 a week get you in each capital city?

From a ‘charming’ two-bedroom house in Brisbane’s West End to a ‘neat and tidy’ house in Hobart’s Lindisfarne. Which city is the best value for renters?

The Guardian - AU · May 27, 2023

Detached homes account for nearly a third of home-mover purchases, says Halifax

Homes which were detached accounted for 32% of property purchases in the 12 months to March among existing homeowners with a mortgage, Halifax said.

The Independent UK · May 26, 2023

Renters and landlords reveal what they think of Western Australia's rental law shake-up

The relationship between WA renters and landlords is set for its biggest shake-up in years, but not everyone is convinced the government's cautious response goes far enough.

ABC News · May 26, 2023

Hundreds of real estate agents abandon industry as state's booming market continues to cool

After years of booming market conditions, hundreds if not thousands of Queensland real estate agents are leaving the industry.

ABC News · May 26, 2023

Realtors are leaving the housing market in droves

Tens of thousands of realtors are giving up on the profession after their ranks swelled earlier in the pandemic when the housing market was soaring.

Axios · May 26, 2023

Couple’s Dream Move To $1.9 Million Manor Turns Into A Nightmare

The inside was barely recognizable. Doors, panels, bathrooms, kitchens and floors had been torn out. 

Zenger · May 26, 2023

Banks to be stuck with 'mortgage prisoners' as those who can refinance their home loan search for a better interest rate

Around half of fixed rate borrowers whose low-rate home loans are expiring over the next two years are planning to leave their current lender, but it's those customers who can't that might prove a bigger problem for the banks, new research finds.

ABC News · May 26, 2023

A look at the 20 articles of impeachment against Texas Attorney General Ken Paxton

Texas’ Republican-controlled House has issued 20 articles of impeachment against GOP Attorney General Ken Paxton, ranging from bribery to abuse of public trust

The Independent UK · May 26, 2023