The Latest Breaking News on Real Estate

PurpleBricks aims to speed up sale process as payment provider withholds funds

Once valued at £1.35 billion, PurpleBricks’ market capitalisation is now £6.7 million

Evening Standard · May 9, 2023

Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – as it happened

UK house prices rose in annual terms by just 0.1% in April, the smallest increase since December 2012, mortgage lender Halifax reports

The Guardian - UK · May 9, 2023

Tenants feel "trapped" in the rental cycle as prices rise for first-time buyers

ONS figures reveal the increase in house prices over the last two years, "trapping" tenants in the rental cycle.

Wales Online · May 9, 2023

Bangkok land price index surges in Q1

The land price index in Greater Bangkok rose in the first quarter of 2023 with a double-digit increase, driven by land price hikes on the outskirts of the capital.

Bangkok Post · May 8, 2023

Victorian government offers to settle class action over towers' COVID-19 lockdown for $5 million

Residents of public housing towers in Flemington and North Melbourne launched a class action against the government over the sudden lockdown in July 2020.

ABC News · May 8, 2023

Australia’s housing crisis is deepening. Here are 10 policies to get us out of it

As Australia’s housing crisis deepens, governments at all levels are being called on to help. The federal budget will be handed down today, and housing will be a key talking point.

The Conversation · May 8, 2023

New JumpStart program to help young Tasmanians without a tenancy history get into rental market

If you don't have a rental history it can be very hard to break into the rental market. A new program for young renters will help them get a foot in the door.

ABC News · May 8, 2023

Airbnbs, short-stay homes not to blame for Noosa housing shortage, affordable housing lobby group says

Two of Queensland's most sought-after regions have an estimated 10,000 properties locked up as short-stay accommodation, but affordable housing advocates say holiday lets are not the driving force behind the rental shortage.

ABC News · May 8, 2023

New South Wales rental crisis could worsen as building approvals slump to record lows, economist warns

ABS data shows total approvals fell in New South Wales by 34 per cent for the first three months of this year, but hardest hit were townhouses, units and high-rises.

ABC News · May 8, 2023

3 REITs Unable to Adapt to the Changing Retail Landscape

The changing retail landscape has put retail REITs under pressure. With online spending growing rapidly, retail REITs could remain under pressure. Amid this backdrop, investors could look to avoid fundamentally weak retail REITs Kite Realty (KRG), NETSTREIT (NTST), and Seritage Growth (SRG). Keep reading.

StockNews.com · May 8, 2023