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The Latest Breaking News on Real Estate

£4,159 fall in average price tag on a home in November

While asking prices for homes are falling, average rents are heading upwards as higher mortgage rates keep people renting for longer, reports suggest.

The Independent UK

The Pandemic Housing Bubble is bursting, says KPMG

"Once you start the process of prices falling nationally, there is a self-fulfilling momentum to it because no one wants to catch a falling knife" says Diane Swonk, chief economist at KPMG.

Fortune

Health, housing rate badly in Hunter: Property Council survey

Health service access and road quality and traffic were rated worse by Hunter residents than anywhere else in the state while housing remains the region's biggest concern, according to a new survey.

Newcastle Herald

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Couple seeking dream home 'laughed at' for decision to take on huge renovation project

Amy Wright and David Lavery were 'laughed at' for their ten-minute decision and offer on a large renovation project - but were determined to buy their dream home

Daily Mirror

The three-bed Lawrence Weston fixer-upper on the property market for £150K

Terraced properties have sold in this Bristol area for an average of £292,750

Bristol Post

Concerns NT government homes not built to last as it surges ahead with Remote Housing Program

The race is on for the NT government to build 2,000 bedrooms in remote desert communities by June. But Aboriginal housing groups worry these new homes aren't sustainable.

ABC News

Gold Coast affordable housing requires rethink, says town planner

There is a "growing generational and economic divide" emerging in the Gold Coast's housing market, says a town planner as the city shapes how it manages a population surge.

ABC News

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It's the worst time to buy a home in a generation, US survey shows

U.S. consumers are seeing home buying conditions at their worst in a generation as mortgage rates soar in response to the Federal Reserve’s aggressive tightening cycle.

Tribune News Service

Edinburgh property: Incredible fixer upper with vast garden and wood-panelled room

The two-bedroom Hawkhill Avenue flat in need of modernisation and upgrading is now up for sale and will become an ideal project for a DIY-loving local.

Edinburgh Live

House hunters could look to border towns

First home buyers in Victoria and Queensland could enter the market sooner by looking over the border after NSW introduced significant property tax changes.

AAP

Channel 4 A Place in the Sun buyers 'speechless' over £115,000 apartment

Mo and Anthony were looking for a holiday home in Torremolinos

Liverpool Echo

London’s house price growth rate beaten by the home counties

Research from Saxo shows house prices in the stockbroker belt are rising faster than inside London

Evening Standard

A Place In The Sun host given 'final chance' by fed up house hunter in prickly exchange

A Place In The Sun host Leah Charles-King was tasked with some hard-to-please home seekers when helping the pair purchase a property in Spain.

Daily Mirror

2 Real Estate Services Stocks to Avoid the Housing Market Pulls Back

Mortgage rates continue to soar amid consecutive federal rate hikes, while consumer confidence in the housing sector has vastly declined. Amid declining homebuyer demand, fundamentally weak real estate services stocks Opendoor Technologies (OPEN) and Fathom Holdings (FTHM) could be best avoided. Keep reading….

StockNews.com

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Evening Standard

London Zone 2 homes for sale: 10 properties for less than the £630,000 travel zone price average

Dream of living more centrally? If you dig and delve, there are inner London flats, maisonettes and houses to be found for less than you might expect.

Birmingham Post

South West warehouse demand fuelled by ESG and chronic shortage

Analysis by Avison Young has found a ‘a wall of occupiers’ in Bristol unable to find what they require

Birmingham Post

Latest survey underlines Northern Ireland housing market jitters despite price gains

On balance, agents expect the market to soften in the coming quarter

Liverpool Echo

Life in one of Merseyside's trendiest up and coming areas

'It's a traditional Victorian village - it hasn't changed at all in essence'

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Tribune News Service

Atlanta home sales and prices down as mortgage rates bite

No doubt now, the brakes are engaged: the metro Atlanta housing market has continued to slow, as higher mortgage rates depress prices and sales.

Tribune News Service

Higher interest rates will chill D-FW apartment starts and sales in ‘23

With high interest rates taking a bite out of project profits, apartment builders and investors are expecting a slowdown in their business next year.

The Canberra Times

'Consumed by anguish': Tenants sue ACT govt over evictions

The tenants have lived in their homes between 27 to 41 years.

The Conversation

England's housing strategy carries a high carbon cost – unless politicians are willing to change plans

England’s housing sector accounts for 20% of the country’s emissions. Its stock is outdated and efforts to improve the energy efficiency of England’s homes are limited.

Newcastle Herald

Landlords get wrong end of a smoking hot property market too

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Daily Mirror

'I quit school at 16 and was a teen mum, now I own four houses - without any help'

A woman who quit school at 16 and earned £100 a week as an estate agent is now the proud owner of four properties - and bids her success on a crucial money-saving tip

Tribune News Service

Sacramento is No. 1 for homebuyers looking to leave bigger cities, analysis finds

SACRAMENTO, Calif. — Sacramento is the top destination for people looking to move out of larger cities, according to a new Redfin analysis.

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