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The Latest Breaking News on Real Estate

UT-Austin Students Can’t Afford the Rent

Rising prices in West Campus leave learners scrambling for affordable housing options, with some paying up to $2000 a month per room.

Texas Observer

Pricey low-rise sector grows

Demand for high-priced low-rise houses continued to grow for two consecutive quarters, with market value in the third quarter soaring by 58% from the second, while developers launched new supply in this segment.

Bangkok Post

Pilsen residents press for affordable housing, toy giveaways spark holiday joy and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

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NSW rural property prices remain at historic highs despite interest rate rises

New South Wales farmland prices have risen despite an interest rate hike causing pain in the residential market.

ABC News

Universities and colleges want to enrol more students. But where are they supposed to live?

The Toronto Star reported recently that American real estate giant Blackstone Inc., with a global real estate portfolio worth about US$514 billion, plans to expand its Canadian operations, including via student housing.

The Conversation

UK's most expensive cities to buy a house outside of London - top 20 full list

The dynamics that have shaped the housing market over the last five years are shifting, property specialists Zoopla says as Cambridge and Oxford catch up with London's £524,400 house average

Daily Mirror

Residents outrage as ‘Grinch-like’ council bans Christmas wreaths

Residents living in apartments on Whiteford Drive in Kettering, Northamptonshire, were stunned when they received a knock on the door

The Independent UK

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Apartment buyers warned over defect cover

Four years since the mass evacuation of a defective apartment tower in Sydney, homebuyers are being warned to not engage with developers lacking a star rating.

AAP

Demand for homelessness support soars

Thousands more Australians face homelessness as rising rents and cost of living pressure take their toll.

AAP

Claim Ayrshire is 'less desirable' than the rest of Scotland is rejected

Place portfolio holder Scott Davidson defends Ayrshire from Tory jibes

Daily Record

New Midlothian primary school site included in housing estate plans

Details of the new housing estate on the edge of Auchendinny have been lodged with planners and reveal a new school site and plans to introduce shared surface streets which should slow traffic down

Edinburgh Live

Glasgow ‘fixer-upper’ flat hits the market for just £45k in the Southside

A ‘fixer-upper’ one bedroom flat in the Ibrox area has hit the market, with potential to convert into a two bed, for just £45k - with an estimated rental value of £500 per calendar month.

Glasgow Live

A retrofit-first approach for Edinburgh’s offices 'will be key' in 2023

Supply of city centre space remains critically low, while volume of lease renewals hits record highs

Insider UK

Zoopla's new House Price Index shows Bristol property cost compared to UK cities

Zoopla has just released new figures for the UK’s housing markets

Bristol Post

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Asharq Al-Awsat

Kuwait Solves Housing Crisis by Establishing Real Estate Development Companies

Kuwait’s National Assembly on Wednesday approved the proposal to amend the Public Authority for Housing Welfare Law in its first reading with 48 votes in favor and one against. The bill mandates the authority to establish shareholding companies that will implement housing projects in partnership with private and huge international…

Nottingham Post

Ben Hillman pleads 'no' as buyers 'unexpectedly' halt search during A Place in the Sun episode

Ben Hillman admitted he didn't expect the reaction during the £480,000 property hunt

The Independent UK

California county passes law stopping landlords from conducting criminal background checks on renters

Law prohibits landlords in private and public housing from using criminal records when considering prospective tenants

Chronicle Live

Affordable home development approved for derelict land in Saltwell

Five parcels of long derelict land in Saltwell have been approved for a 100% affordable housing development.

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Dublin Live

Planning permission sought for construction of 850 Oscar Traynor Road homes

The plans have split opinion about how much housing is being offered for social and affordable accommodation

The National (Scotland)

Worsening housing crisis could see Edinburgh become 'playground of super rich'

"WHO will be able to afford to live, let alone live well, with such prices?"

The Independent UK

Average house price has increased by around £17,500 this year – Zoopla

Affordability and value for money will be key to the housing market outlook for 2023, the property website said.

Chicago Sun-Times

In battle against gentrification, Pilsen residents press for affordable housing

A lot at 18th and Peoria streets, vacant for more than 20 years, has long been the focus of affordable housing advocates. A new round of developer proposals will be sought next year.

Dublin Live

Resident 'spat on' and 'intimidated' by neighbours for two years

One unit in the north Dublin apartment complex has led to anti social behaviour and "abusive" littering

Dublin Live

Housing activists outraged after eviction of 'homeless camp' in Dublin 8

The incident happened at 7:30am on Tuesday at School Street in Dublin 8

Newsroom.co.nz

Kāinga Ora's radical Auckland density wishlist

Deep in the pile of submissions to Auckland Council over the new residential planning zones, Kāinga Ora shows its hand. Bruce Morris finds some contentious stuff among the hundreds of pages.

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