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The Latest Breaking News on Real Estate

As California Embraces Development, San Francisco Mayor Vetoes Fake Housing Reform Bill

The proposed policy was offensive to property rights and disincentivized construction. The mayor's rejection of it shows the state's increasing interest in allowing more building.

Reason

Victorian 'castle' that dates back to 1870 split into elegant, luxury apartments

The current owner is letting the new buyer pick their own kitchen

Liverpool Echo

Commercial real estate looking up in city: Report

‘Most locations abutting ORR have recorded an average of 15%-25% growth in land values’ over the last six months

The Hindu

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Rate hikes could help home buyers: RBA

Rising interest rates are a double-edged sword for home buyers as they reduce borrowing capacity but also drive prices down, the RBA says.

AAP

Houses to be hit harder than flats by price falls, RBA says

Head of domestic markets says rate rises will depress commercial and residential property prices but wider risks appear contained

The Guardian - AU

Biden adviser says Fed hikes are helping to cool housing prices

The U.S. Federal Reserve, which meets this week to decide on interest rates, has helped to cool the overheated housing market even though inflation across the country is still “uncomfortably high,” White House economic adviser Jared Bernstein said.

Tribune News Service

Queensland shows the way by moving against cross-border land tax minimisers

Queensland is making amends for abandoning death duties with a plan to rationally calculate and collect land tax on a national basis.

The New Daily

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The councils pushing back on housing density rules

Christchurch is saying 'no' to the government's new housing density rules. Has the whole thing backfired?

Newsroom.co.nz

Where I Live: “I bought a two-bed cottage in Lancashire for £135,000 - it’s full of character and personality”

Christina, 33, bought her beloved 1860s property four years ago as a solo first-time buyer

Manchester Evening News

Country home for sale after family renovate it for 44 years

The home sits on more than five acres of land

Liverpool Echo

Long-awaited public buyout vote set to take place in Outer Hebrides

ISLANDERS seeking to expand community land ownership in the Outer Hebrides are hoping the results of a long-awaited vote this week will bring a major

The National (Scotland)

Vested interests can’t be allowed to dictate Queensland’s response to the housing crisis

Developers are being touted as saviours to the state’s housing woes but greenfield development won’t affect affordability

The Guardian - AU

After an autumn flurry, is the UK housing market going to fall at last?

Estate agents are reporting a surge in activity – which may be explained by the interest rate rises looming this year

The Guardian - UK

Landlords 'discriminating' against families on benefits

It's only getting worse with the rising cost of living

Liverpool Echo

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Dublin Live

Sneak peek inside Ireland AM star Muireann O’Connell's rented Dublin home

Muireann dreams to own a house of her own one day but here's where she's living in the meantime

Wales Online

One of Wales’ most eerie abandoned houses is due to be demolished as plot goes up for sale for £750k

The abandoned dilapidated home had a vintage MG sports car hiding in the garage

Wales Online

Wales' Home of the Year: Winning property owner didn't know if he'd live to see it finished

Winner Luke Thomas says the project to restore his 'baby' kept him alive

The Canberra Times

Having a house means having a future for this Canberra dad

"I want to breathe for a couple of months and just get used to my home," Mr Juratowitch said.

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Tribune News Service

Adjustable-rate mortgages are on the rise as interest rates soar

As interest rates shoot up, some buyers are turning to a different, and slightly more risky type of mortgage.

Belfast Live

Properties Derry for under £85,000 just waiting to be transformed

If you've ever dreamed of fixing up your dream home then these could be perfect for you

Daily Mirror

National Trust shortage of volunteers sees iconic period homes close their doors

National Trust shortage of volunteers could see iconic period homes close including filming locations for the likes of Brideshead Revisited and Jane Eyre

Daily Mirror

A Place In The Sun viewers stunned at buyer's confession on Channel 4 show

A Place in the Sun viewers were taken aback by one couple's admission on a recently-aired episode of the Channel 4 show, as they admitted they had a specific requirement for their dream holiday home

Evening Standard

Pound slump leaves elite London neighbourhoods at huge discount for overseas property buyers

Knight Frank study predicts Prime Central London market will outperform rest of UK

Chronicle Live

Developer seeks to expand proposed Kibblseworth housing project to 270 properties

KIbblesworth could be home to 270 new properties if councillors approve the expansion to Taylor Wimpey's plans

Irish Mirror

French embassy issues warning about Ireland's 'severe' housing crisis

The embassy warned of scams on various ad sites and called for 'great vigilance' when looking for accommodation

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