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The Latest Breaking News on Real Estate

Reserve Bank of Australia raises interest rates to 11-year high, opens the door to a pause

The Reserve Bank of Australia (RBA) raises interest rates for the 10th consecutive meeting, taking the cash rate target to 3.6 per cent.

ABC News · Mar 7, 2023

A TikToker Has Called Out A Luxe Queensland Rental For Simply Massive Levels Of Misdirection

What in fresh hell is this?

Pedestrian.tv · Mar 7, 2023

A New Report Looks Into How Many Aussie Rentals Are Going For Below $400 The Stats Are Dire

The amount of affordable rentals across Australia has dropped by almost 50%, and it's just as fucked when broken down by city.

Pedestrian.tv · Mar 7, 2023

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Droughty Point development close to Hobart CBD that could house 2,500 homes knocked back by council

A housing development on Hobart's eastern shore, described by council as "likely the most significant development in Australia", has hit a major hurdle but could still proceed with help from the state's planning minister.

ABC News · Mar 7, 2023

Asia's very complicated pause in interest rates

Interest-rate pauses aren't exactly in trouble, but things are beginning to look awkward for officials eyeing a decent break. World growth isn't falling off a cliff and inflation has failed to ease up quite as expected in some big economies. The more fortitude the expansion shows, the greater the risk…

Bangkok Post · Mar 6, 2023

Edinburgh fixer-upper home hits the market just minutes from Murrayfield Stadium

A two-bed home in the Roseburn area has joined the market, offering a buyer the opportunity to put ‘their own stamp’ on the accommodation and currently priced at £225,000.

Edinburgh Live · Mar 6, 2023

Evictions ban to end at the end of the month after tense Cabinet meeting

Ban that could have seen spike in homelessness is due to end on March 31st

Irish Mirror · Mar 6, 2023

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London council left tenants at ‘potential risk’ with health and safety failings, watchdog finds

Probe finds thousands of Haringey Council properties did not meet minimum ‘decent homes’ standards

Evening Standard · Mar 6, 2023

Another rate hike expected to fight stubborn inflation

The Reserve Bank is tipped to hike interest rates for the 10th time in succession and inflict further pain on already-stretched Australian households. The

The New Daily · Mar 6, 2023

The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments

Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.

ABC News · Mar 6, 2023

OPINION - The Leader podcast: Tackling social housing ‘rogue landlords’

Social housing tenants are being urged to complain about shoddy and dangerous housing in a major new Government advertising campaign.

Evening Standard · Mar 6, 2023

Awaab's Law: Social housing tenants 'empowered to make complaints'

“Too many social housing tenants are being let down and ignored"

Manchester Evening News · Mar 6, 2023

£1m plan to tackle rising homelessness in Sefton

Sefton Council's spending on temporary accommodation has soared in recent years

Liverpool Echo · Mar 6, 2023

Wyoming to vote in 2024 on amendment concerning residential property taxes

In 2024, voters in Wyoming will decide on a constitutional amendment to add residential real property as a fourth, separate, class of property for property tax purposes. Under the amendment, the legislature would be authorized to create a subclass of residential property for owner-occupied primary residences, which could be assessed…

Ballotpedia · Mar 6, 2023

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Tribune News Service · Mar 6, 2023

California has nearly 100 new housing laws. Are they fixing the affordability crisis?

Facing a massive affordable-housing crisis pushing Californians out of their hometowns and some onto the street, state legislators passed law after law to boost housing production. Now, Sacramento is asking itself the million-dollar question: Is it working?

The Independent UK · Mar 6, 2023

Cramped and grotty rooms go on display at Ikea to highlight plight of homeless

The so-called Real Life Roomsets have gone on display at Ikea’s Birmingham, Warrington, Bristol and Hammersmith stores.

Wales Online · Mar 6, 2023

Plans for more than 400 houses in RCT look set for final approval

The application for 460 houses off the A4119 at Cefn yr Hendy is going back before the council's planning committee

Edinburgh Live · Mar 6, 2023

Midlothian home owner praised for not demolishing house in conservation village

The owners bought the house with planning permission for an extension but found the plans lacked head space on the stairs and attic so lodged a fresh application which was refused

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Manchester Evening News · Mar 6, 2023

Residents' big chance to voice opinions on major Trafford Waters development

Feedback wanted on plan for 208 new homes

The Independent UK · Mar 6, 2023

Government should not be within ‘ivory tower in Edinburgh’ – Yousaf

The SNP leadership contender said he would commit £25 million to turning empty homes into new housing.

AAP · Mar 6, 2023

Australia returns trade surplus of $11.6 billion

Australia has reported another trade surplus ahead of the RBA's March cash rate decision, which is broadly expected to result in another hike.

Manchester Evening News · Mar 6, 2023

Billionaire Issa brothers agree $1.5bn 'sale and leaseback' deal for EG Group in USA

EG Group said it will use the net proceeds to help repay debt

AAP · Mar 6, 2023

Rentals under $400 disappearing as prices surge

Affordable rentals are becoming increasingly hard to find as strong demand for rental accommodation continues to outstrip supply.

Chronicle Live · Mar 6, 2023

Site of blaze-damaged Whitley Bay church could be turned into 12 new homes

A planning application for 12 homes will now be considered on the site, six years after the church was burnt to the ground

Tribune News Service · Mar 6, 2023

Alexis Leondis: Mortgage lenders are selling homebuyers a lie

“Marry the house, date the rate.” That’s the advice realtors and mortgage lenders are giving worried homebuyers as mortgage rates reapproach the two-decade high of 7% reached in November. In other words, don’t be afraid to commit to the house you love, because you can just refinance when rates come…

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