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The Latest Breaking News on Real Estate

Restaurant plan for Vogue's former Mayfair headquarters revealed as office revelopment set for approval

Plans revealed for ‘deep retrofit’ of famous building in Hanover Square

Evening Standard

Cory Mills Apartment Scandal: Why Is GOP Congressman Getting Evicted?

Congressman Cory Mills is being sued for eviction after allegedly missing £65K in rent. He claims a broken payment portal caused the non-payment.

International Business Times UK

Immigration agents demand tenant information from landlords, stirring questions and confusion

Immigration authorities are pressuring landlords to share tenant information, including leases and IDs

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Homelessness is a driver of poor health in Australia – so why not make housing part of healthcare?

Programs to address homelessness have the potential to practically pay for themselves through government savings on health and justice spending

The Guardian - AU

Trump Calls Gaza 'One Of The Worst Real Estate Deals Ever Made': 'They Gave Up Oceanfront Property'

President Donald Trump called Gaza "one of the worst real estate deals ever made," adding that Israel "gave up oceanfront property" when it left the enclave in 2005

Latin Times

Voices: If interest rates fall, could the 3 per cent mortgage make a comeback?

COMMENT : The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution

The Independent UK

How mortgage market changes could help first-time buyers onto the property ladder

Stress test rules and lending limits being changed are positives - but a balance still needs to be struck

The Independent UK

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I was on New York’s rent board. Zohran Mamdani’s ideas aren’t pie in the sky

The Democratic mayoral candidate has faced controversy over his calls for a rent freeze. But the plan has plenty of precedent

The Guardian - US

The cosmetics billionaire, the rock star, and a series of very mysterious property deals in prime Palm Beach

An ultra-wealthy buyer is using LLCs to hide while purchasing multi-million dollar properties just miles away from Donald Trump’s home at Mar-a-Lago

The Independent UK

Pound drops after Bank of England says it could further cut interest rates if jobs market slows

‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey

The Guardian - UK

Afternoon Update: Treasury’s dire housing warning; German backpacker speaks after WA ordeal; and Cook Islands considers its future

Treasurer downplayed advice from department officials saying current policy settings would not deliver 1.2m new homes target

The Guardian - AU

Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – as it happened

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.

The Guardian - UK

How a wealth tax on Scotland's luxury properties and estates could work

SCOTLAND could raise hundreds of millions of pounds by introducing a wealth tax on properties, Common Weal’s head of policy has said ...

The National (Scotland)

Home truths on housing target in leaked Treasury advice

Leaked advice on the government's new home target has failed to ruffle the treasurer, who says having an ambitious goal is better than building too few homes.

AAP

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The Guardian - UK

Sales of UK country houses rise as buyers tempted out by lower prices

Deals for homes worth more than £750,000 are up 7% in June over last year with more properties on market

The Independent UK

Champagne problem for NYC Whole Foods as Studio 54-founder’s venture causes headaches: suit

The lawsuit alleges that lines of people waiting for access to The Roof – an exclusive rooftop bar at Public Hotel – are blocking delivery access for the store

Benzinga

Gen Z Doomed To Pay Rent Forever? Number Of First-Time Buyers Shrink As Average House Tops $422,000

Buying a starter home has rarely looked tougher. New National Association of Realtors data show just 1.14 million Americans bought their first house in 2024, barely a third of the 3.2 million who did so two decades ago and roughly half the historical norm.

The Guardian - US

Why is the number of first-time US homebuyers at a generational low?

Young Americans are holding off on buying a home, with the average age in 2024 being a record high of 38

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news in one place.

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International Business Times

Trump's Dealmaker Name On The Line In High Stakes Tariff Talks

President Donald Trump set out early in his second term to fulfill a decades-long desire of reshaping US trade with the world, but the main outcomes so far have been discord and uncertainty.

The Guardian - AU

Great job, good education, no home: is Australia’s bloated property market destroying the middle class?

A fresh cycle of interest rate cuts have propelled house prices in capital cities to peak levels – locking new buyers out of the market

The Independent UK

Court overturns ex-state attorney's mortgage fraud conviction but upholds perjury convictions

A federal appeals court has upheld the perjury convictions of former Baltimore State’s Attorney Marilyn Mosby, but the court overturned a mortgage fraud conviction and the resulting forfeiture of a Florida property

Benzinga

Mortgage Rates Inch Up To 6.72% After 5 Weeks Of Decline, But Experts See Stability Ahead

The average long-term U.S. mortgage rate has risen, marking the end of a five-week downward trend. Despite this increase, experts predict that mortgage rates will remain relatively stable in the coming months.

The Guardian - UK

Black people in England four times as likely to face homelessness, study finds

Latin Times

Ken Paxton's Wife Files for Divorce on 'Biblical Grounds,' Cites 'Recent Discoveries' Behind Decision

Texas State Senator Angela Paxton has filed for divorce from Attorney General Ken Paxton after 38 years of marriage. She cited "biblical grounds" to back her decision.

The National (Scotland)

Four ways Mairi McAllan can fix Scotland's housing crisis

Good evening! This week's edition of the In Common newsletter comes from Dr Craig Dalzell, head of policy and research at Common Weal.

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