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The Latest Breaking News on Real Estate

Central banks across the world have simultaneously hiked interest rates to tame runaway inflation in 2022. Yet the trajectory of interest-rate increases and other policy actions may not be sufficient to bring global inflation back down to levels seen before the pandemic.

Bangkok Post

The Pandemic Was a Disaster for Housing Affordability. 2023 Might Be a Little Better.

Rents and home prices skyrocketed almost everywhere over the past two years. There's some hope new supply will bring costs down in the new year.

Reason

Here’s how much buyers are saving on monthly payments as mortgage rates decline

After months of record highs, mortgage rates are showing signs of easing, sending some relief to potential homebuyers’ budgets.

Tribune News Service

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Did Trump break the law with his taxes? How he got away with paying so little

Ex-president hits out after personal and business returns published by House committee revealing he pursued strategies to pay as little as possible between 2015 and 2020

The Independent UK

House of horrors where man killed pregnant mum and three children to be demolished

Damien Bendall, 32, was earlier this month given a whole life sentence for the murders of Terri Harris, her children and another child at the home in Killamarsh, Derbyshire

Daily Mirror

Huge 15ft sinkhole opens up in street forcing terrified families to flee their homes

A collapsed sewer has been blamed for the gaping hole that emerged at the end of November outside the block of flats in Dudley, West Midlands

Daily Mirror

LOCALIZE IT: Urban areas become rural with criteria change

EDITORS/NEWS DIRECTORS:

The Independent UK

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Average incomes not enough to buy a home

Unless you live in Perth, middle income earners fall well short of the borrowing power needed to buy a standard house.

AAP

Taoiseach Leo Varadkar admits he can be 'too blunt' and recent comments could have been phrased better

'There have been examples in the past where I would have said things that are factually true, but sometimes the way you say them can come across wrong or can come across as though you don't understand or you don't care'

Irish Mirror

More than 3,000 unclaimed estates in London - full list of surnames

Government records released on December 28 reveals a list of surnames of property owners who died without leaving a will in 2022

Evening Standard

Ex-burglars explain New Year's Eve robbing strategies and what they look for

Homes sitting empty on Hogmanay are apparently rife for the taking.

Daily Record

Canada bans foreigners from buying homes in bid to make property more affordable

The ban will be in place from New Year's Day for two years and follows in the footsteps of New Zealand who also banned ex-pats from owning residential properties in 2018

Daily Mirror

Donald Trump's tax returns he tried to keep secret released by US House committee

Donald Trump's tax returns have been released after the Democratic-controlled House Ways and Means Committee voted last week to release the returns following a lengthy legal battle

Daily Mirror

Trump’s tax returns will be released today after his years-long battle to keep them under wraps

A House committee is set to release six years of Donald Trump’s tax returns on Friday, pulling back the curtain on financial records that the former president fought for years to keep secret

The Independent UK

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Liverpool Echo

Average UK house price continues to drop

The average home in the UK sold for 2.8% more in December 2022 compared to December 2021.

Daily Record

Property Scots prices booming as Johnstone is second-fastest growing town for housing market

The figures have been revealed as part of a report by the Bank of Scotland.

Tribune News Service

Commentary: Los Angeles ballot measure raises hope for housing solution

Los Angeles voters approved a ballot measure in November to address the city’s housing crisis, which has left tens of thousands of people with no place to live, many others priced out of the area, and prompted recently elected mayor, Karen Bass, to declare a state of emergency. The measure,…

Dublin Live

Four mistakes that make your house a target for thieves, according to ex-burglar

"There's crazy people out there, very desperate people, especially with the cost of living"

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The Independent UK

House prices continue losing streak, but falls ease in December, says Nationwide

The average home in the UK sold for just 2.8% more in December than it had a year earlier

Evening Standard

London property market slowing less rapidly than rest of UK says Nationwide

The capital is no longer the weakest performing region in the UK according to Nationwide

Manchester Evening News

The big plans that could change the face of Stockport in 2023 and beyond

Developers continue to table plans for schemes that both catch the eye and promise to bring new homes to the borough.

Liverpool Echo

'Tall buildings policy is how we protect Liverpool's skyline'

Sarah Doyle Liverpool City Council's cabinet member for development and housing said protecting the city's skyline is on the 2023 agenda

Nottingham Post

Plans submitted for more than 150 homes in Radcliffe-on-Trent

A total of 152 more homes would be built off Shelford Road in Radcliffe-on-Trent, if the planning application is approved by Rushcliffe Borough Council. Other homes at the site have already been built.

Bristol Post

Bristol house prices among most increased in UK in 2022

Bristol shares the number nine spot with Cambridge

The Independent UK

Trump’s tax returns to be released Friday after long fight

A House committee is set to release six years of Donald Trump’s tax returns on Friday, pulling back the curtain on financial records that the former president fought for years to keep secret

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