The Latest Breaking News on Real Estate

Economists say rental price caps are a 'viable' short-term solution to the housing crisis, but some fear it could backfire

Despite increased rental assistance measures in Tuesday's budget, calls to cap rents are growing louder, with economists saying that step has been successful overseas, however, analysts warn it may make the housing crisis worse.

ABC News · May 11, 2023

2 REITs Investors Are Avoiding

Retail REITs have been under pressure amid the growth of e-commerce. So, we think Macerich (MAC) and Urban Edge (UE) should be avoided considering their weak fundamentals. Let’s discuss this in detail.

StockNews.com · May 11, 2023

Average long-term US mortgage rate falls to 6.35% this week, lowest level in 5 weeks

The average long-term U.S. mortgage rate fell this week to its lowest level in five weeks, welcome news for house hunters looking for an edge as they navigate a housing market constrained by a near-historic low number of homes for sale

The Independent UK · May 11, 2023

Mumbai housing society office bearers debarred from society elections for five years

MUMBAI: Not submitting audit rectification reports for consecutive five years and alleged illegitimate handling of sinking fund and other financial affairs of the housing society have cost its ex-management committee members dearly.

The Times of India · May 11, 2023

Selling Sunset season 6 release date and cast reveal

We share the Selling Sunset season 6 release date and which members of the cast will be returning.

GoodToKnow · May 11, 2023

Council threatens to flatten woman's porch and charge her for it

Homeowner has so far refused to pull down the unauthorised extension, which has been there for five years

Wales Online · May 11, 2023

Another UK interest rate rise was always nailed on but what happens next?

Bank of England aware that impact of most rates rises has yet to be felt, meaning a pause is now probable

The Guardian - UK · May 11, 2023

Bank of England raises interest rate by 0.25% to highest level since 2008

The Bank’s move - the 12th consecutive rise in the cost of borrowing since December 2021 - lifts its rate to its highest level in more than 14 years

Evening Standard · May 11, 2023

Plans to abolish leasehold system reportedly dropped by government ahead of general election

Labour has accused the housing secretary of losing control of his department

Manchester Evening News · May 11, 2023

More homes coming onto the market in Wales but number of new buyer enquiries fall

But correctly priced properties continue to sell

Birmingham Post · May 11, 2023