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The Latest Breaking News on Real Estate

Surge in London mansion sales as US buyers cash in on 30% currency discount

The strength of the US dollar against the pound has made London property around a third cheaper for American buyers

Evening Standard

Let’s ease property tax burden by fixing tax-increment financing

Ultimately, property taxes are a math problem we must solve if we want the fabric of our neighborhoods to remain intact. TIF reform is a good place to start finding solutions.

Chicago Sun-Times

First-time buyer numbers drops in 2022 as cost of first home rises by 10%

The number of people taking their first step onto the property ladder was estimated to have fallen to 370,287 across the year.

Evening Standard

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Average Scottish house prices rise by £23,000

Kirkcaldy leads the way with a 29% year-on-year increase in average price paid

Insider UK

End Housing Hell: The Mirror is calling for urgent action following the death of Awaab Ishak

Figures released last week found there are 3.4million homes that do not meet the Decent Homes Standard and The Mirror is today calling for urgent action to end the housing hell

Daily Mirror

Gary Speed’s widow Louise loses second husband Quinton Bird to brain cancer, aged 53

Bird and Louise were married in December 2021 in Peckforton Castle in Cheshire

The Independent UK

Ireland house prices: The salary needed to buy a home in each county in 2022

Property website myhome.ie has published its latest Ireland Property Price report. Using its data, you can take a look at what salary you need to earn to buy a home in every county in Ireland.

Irish Mirror

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Nottinghamshire 'chocolate box' village ranked one of poshest in UK

It has been recognised for its desirable location, high house prices and local amenities

Nottingham Post

Adelaide house prices have continued to rise, leaving home ownership out of reach for some

Despite a national fall in house prices over the past 12 months, Adelaide's went in the opposite direction, leaving home ownership out of reach for now for some people.

ABC News

Government 'driving house inflation' as standard Irish home now costs 7.7 times average wage

Sinn Fein's housing spokesman claims that red tape is slowing down the delivery of much needed homes

Dublin Live

First-time buyer numbers fall 9% in 2022, says building society

The number of people taking their first step onto the property ladder was estimated to have fallen to 370,287 across the year.

The Independent UK

Property prices record biggest fall since 2008, ASX sinks to two-month low

The Australian share market wipes out all its gains since early November, despite strong overnight gains across European markets, while property prices suffer their biggest annual fall since the global financial crisis in 2008.

ABC News

The Greater Manchester house on the market for £126,000 with a toilet plonked in a very odd place

The three-bed terrace is much cheaper than the average house in the area, but it comes with a strange feature

Manchester Evening News

House price rise eats into pandemic gains

Steep price drops in Sydney and the Central Coast suggest the Hunter market could have some way to fall in 2023.

Newcastle Herald

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ABC News

Who killed Barry and Honey Sherman? The billionaire couple's son is offering $35 million to catch the killer

Barry and Honey Sherman were discovered by the swimming pool at their luxury Toronto estate, and their murders have confounded detectives for over five years. Could a multi-million-dollar reward now unlock the case? WARNING: Readers might find some details in this story distressing.

ABC News

Hobart house values drop of 7pc a 'cooling' rather than a 'plummet'

Real estate agents say the era of FOMO — or fear of missing out — in the Hobart property market is over, with values dropping 7 per cent in 2022, but nothing like the plummet some predicted because of interest rate rises.

Nottingham Post

Affordable housing call as uncertainty continues for Nottinghamshire's high streets

An East Midlands expert says that business confidence has improved, but that some uncertainties remain going into the new year.

Leeds Live

Leeds' cheapest street where homes sell for as little as £40,000

In stark contrast, a house on the most expensive street in Leeds sold for £2.3m

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news in one place.

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AAP

Earnings, yield to drive returns in 2023

Rising inflation and interest rates have led to upheaval in global share markets and that trend could continue in the new year.

AAP

Housing decline picks up speed again

Rising interest rates continue to shave value off Australia's property market, with Melbourne home prices closing in on pre-pandemic levels.

Edinburgh Live

What Edinburgh's average house price will get you in different areas across the capital

The average house price in Edinburgh has been revealed by Lindsay's, and here is what it could get you in different parts of the capital in 2023.

Liverpool Echo

Channel 4 A Place in the Sun host gets a fright as they 'escape' from loud bang

Ben peeked out of the window before getting a fright

ABC News

Australian housing values were down 5.3 per cent in 2022. Here's what's happening in your area

Australian housing prices were down 5.3 per cent over 2022, marking the first time housing values have fallen over the calendar year since 2018. Here's how your region fared.

The Guardian - AU

Record falls for Sydney and Melbourne housing in 2022 – but prices remain above pre-Covid levels

Rents increased by 10.2% nationally, CoreLogic says, despite the decline in home prices

Nottingham Post

Housing demand in Nottingham 'very strong' despite 'crazy' year and cost of living, estate agents say

Amidst rising mortgage rates and warnings of a recession it has been feared that house prices could drop significantly going into 2023.

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