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The Latest Breaking News on Real Estate

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

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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

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

The Guardian - UK

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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.

Kiplinger

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.

Tribune News Service

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.

Glasgow Live

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"

Liverpool Echo

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.

WEKU

John Thompson obituary

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

The Guardian - UK

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

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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

Glasgow Live

Glasgow's cheapest flat with 80s style carpets in need of a refurb on sale for £40k

The flat on Paisley Road West is one of the most affordable in the city, with offers over £40,000 being accepted, however, it is a property that needs rejuvenated.

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news in one place.

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The Times of India

Karnataka HC directs fact-finding survey of two constructions in vicinity of Cubbon Park area of Bengaluru city

BENGALURU: The Karnataka high court has issued direction to the state government to ascertain through the Assistant Director of Land Records (ADLR), City Survey Department by conducting a survey on February 4,2023, as to whether the Hopcoms building constructed by Krishik Samaj ( near Hudson circle) is within or outside…

Evening Standard

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

Wales Online

Landlord ordered to pay £25,000 for problems at flats he rented out

Sohail Baig was convicted of 18 offences including damaged work surfaces and an insecure toilet

Evening Standard

Mortgage borrowing slumps by more than £1 billion as the fallout from the mini-Budget drags on

Mortgage approvals dropped to 35,600 in December, the lowest since May 2020.

France 24

French city of Marseille struggles to provide decent housing to residents

In France, between 450,000 and 600,000 people live in accommodation that is deemed not fit for purpose. The southern city of Marseille is particularly affected. Our reporters Julia Guggenheim and Jonathan Walsh met local residents, four years on from the tragedy in Marseille's central rue d'Aubagne, where eight people died…

Manchester Evening News

CCTV appeal after Volkswagen van, bikes and computer stolen in burglary

Police said there has been a 'spike in related offences' in the area

The Independent UK

Mortgage approvals for house purchase drop to lowest levels since May 2020

Some 35,600 mortgages were approved for house purchase, which was the lowest total since May 2020, according to Bank of England figures.

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