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The Latest Breaking News on Real Estate

These 4 REITs May Be At Risk Of A Dividend Cut

Rising interest rates and sky-high inflation have caused the real estate market to cool rapidly as mortgage rates hover near decade highs.

Benzinga

London property market sees demand for homes almost halved since disastrous mini-Budget

The fall in demand for homes is far greater in London than any other UK region.

Evening Standard

Talking about house prices, for all the wrong reasons

City Voices: The next 18 months are going to be tough for homeowners

Evening Standard

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Thousands of Irish property owners to be hit with new tax unless they urgently contact council

The new tax will target any unused land zoned and serviced for housing, regardless of its size

Irish Mirror

The Rental Crisis Is About To Get Batshit Bananas Bad Despite Already Being Fkn Awful

We can't have an "all-time low" every month... can we?

Pedestrian.tv

Real estate market transitioning from 'seller to buyer' as Tasmania's property sales drop

Rising interest rates combined with growing cost of living expenses and slow wage growth are the main causes of the drop in sales, the Real Estate Institute of Tasmania says.

ABC News

State regulators considering action over real estate websites pressuring rental applicants

Regulators in four states are considering taking action after an ABC investigation into real estate websites that pressure rental applicants to pay for their own background checks.

ABC News

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See how much house prices could drop where you live - full list of areas

House prices could fall by 10% next year, according to experts at estate agents Savills — but how much property values will fall all depends on which region of the UK you live in

Daily Mirror

New Edinburgh property hotspot named as house prices rise by 9.5% in one area

House prices in and around Edinburgh have risen, according to a report by property agency ESPC with the city centre reporting a 9.5 per cent rise and leading to an average selling price of £316,152.

Edinburgh Live

UK renters: what issues are you facing?

We’d like to speak to tenants in the UK about their experiences of renting

The Guardian - UK

ADVICE COLUMN: EK broker helps you navigate the mortgage process

Kevin McCarthy from Mortgage Advice Bureau East Kilbride talks about the timescales when buying a property

Daily Record

The Standard View: Higher interest rates, spending cuts and tax rises leave the economy on the brink

When it rains, it pours. Estate agent Savills predicts that the mainstream London housing market will suffer the most acute fall in prices out of all regions in 2023. That’s despite properties in the city enjoying the more modest end of price growth since the pandemic.

Evening Standard

Real estate Q&A: How can we get an extension on inspection period set in sale contract?

Q: We are under contract to buy a home. We are trying to set up the inspection during the time the contract allows, but the seller did not allow access until the last minute. Now we are up against the deadline, and the seller is not responding to our requests…

Tribune News Service

London to be hit hardest by house price fall — and prices will still be lower in five years

Bleak warning of 12.5 per cent slump for homeowners ahead of interest rate rise from Bank

Evening Standard

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The Independent UK

House prices predicted to fall by 10% next year

The prime housing market is expected to outperform mainstream house price growth, due to a lower reliance on borrowing by prime buyers, Savills said.

The Guardian - AU

Melbourne real estate agency data breach leaves details of renters and landlords exposed

Harcourts says city franchise’s rental property database has been accessed by an ‘unknown third party without authorisation’

Nottingham Post

A Place in the Sun's Jasmine Harman shocked at buyers' 'gamble' admission minutes into show

Jasmine was taken aback at the very beginning of the search

Pedestrian.tv

Landlords Are Trying To Hike Rent Up By 60 Per Cent Their Fall Shall Be Swift And Imminent

A landlord in Brisbane reportedly tried to hike up a tenant’s rent by 60 per cent and I think it’s time we bring in the guillotine rent freezes. Get a real job!!! Stay away from us you predatory grubs!!!!!An anonymous renter in Brissy told The Guardian Australia that he was…

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news in one place.

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Newcastle Herald

Budget buys: What the median house price can buy you in Newcastle and Lake Macquarie

The latest data released from CoreLogic this week revealed the median house price in Newcastle and Lake Macquarie dropped to $841,296 last month.

ABC News

Cloncurry man builds off-grid home in outback Queensland but warns 'it's not for everyone'

The rising cost of living and concern for the environment are driving some people to off-grid life. But for Fred Jeffree, it was the neighbour's dog barking that made him head for the middle of nowhere.

Bangkok Post

Rethinking the office

What is the future of workplace and retail real estate? Let's start by thinking about the occupiers -- for example, the companies that own or lease space for their employees.

Benzinga

The Real Estate Markets Seeing The Biggest Downturns In Home Prices And Property Values

The only bad thing about the best parties is that no matter how good they were, the good times can’t go on forever.

Newcastle Herald

Newcastle tenants forced to take landlords to tribunal for repairs, mould as housing crisis deepens

Newcastle's housing crisis 'especially dire' due to influx of people during pandemic, says Legal Aid

Liverpool Echo

A Place in the Sun buyers spot 'troubling' feature before stepping into Spanish home

Alistair and Jennifer "couldn't get past" the problem

The Guardian - AU

Rental price growth slows from unprecedented highs as tenants hit ‘affordability ceiling’

Experts say Australia is ‘definitely still in a rental crisis’ but there is only so much people can pay

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