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The Latest Breaking News on Real Estate

WASHINGTON: The US Federal Reserve started the second day of its policy meeting on Wednesday, on growing expectations that it will step down to a smaller interest rate hike as red-hot inflation shows signs of cooling.

Bangkok Post

Edinburgh property: Cosy flat in a peaceful city spot with great DIY potential hits the market

Situated in a tranquil residential area of Abbeyhill, the one-bedroom property might not look like one's ideal home at first glance but has huge potential to become one after some refurbishment work.

Edinburgh Live

Average UK house price falls again in January

The averge house price dropped by 0.6 per cent in January, Nationwide Building Society says

The Independent UK

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Mum makes £18,000 selling 'dated' Cheshire home on BBC Homes Under the Hammer - despite doing 'nothing' to it

Nikki bought her three-bed semi-detached house for £215,000 at an auction

Manchester Evening News

Unused Dublin train station finally set to open 14 years after being built

The Kishoge station was initially built in 2009

Irish Mirror

Mansion snapped up in three days despite being on fire in property listing

A $1.5 million (£1.2 million) mansion in Franklin, Tennessee, America, changed hands in just three days despite burning down in its online property listing, leaving the new homeowner with an extensive list of damages

Daily Mirror

China’s New Home Sales Get Off to a Weak Start in 2023

The 100 largest Chinese developers sold $52.5 billion worth of new properties in January, down 32.5% from a year earlier

Caixin Global

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Strong performance for Midlands' industrial property market - report

Occupier appetite for robust spaces continued to increase across the region says Knight Frank

Birmingham Post

UK house prices fall again - down 3.2% from last year peak, according to Nationwide

Even though this may sound like positive news for buyers, Nationwide says that it is "too early" to tell whether the housing market had started to recover after the infamous "mini budget" last year

Daily Mirror

Adam Minter: Arizona can't keep growing without finding more water

The 23-year drought that’s parching the Southwest is forcing Arizona to make a bitter choice. Unless developers can find new sources of water, the state’s largest master-planned housing development is going to remain a desert.

Tribune News Service

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

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

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The Guardian - 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

Evening Standard

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

Wales Online

Average house price falls 0.6% month on month

This left average prices 3.2% lower than their August peak

The Guardian - UK

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

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ABC News

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.

Newcastle Herald

Luxe pad to break record

The architecturally-designed home was completed in 2020.

Daily Mirror

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

Tribune News Service

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.

ABC News

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.

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

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