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The Latest Breaking News on Real Estate

Housing lending down as prices plunge

New loan commitments fell 8.5 per cent in July as a report shows property prices have taken a deep dive.

AAP

Biggest decline in decades

The last time Newcastle had a fall in dwelling values larger than 2.2 per cent was in December 1992, when values fell by 2.4 per cent

Newcastle Herald

KE Holdings Deconstructed by Slumping Real Estate Market

Key Takeaways: KE Holdings swung to the red in the first half of the year on the back of a slumping Chinese real estate market The company is trying to offset anemic property trading income with new businesses that are growing but still account for just a small share of…

Benzinga

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Canberra house values drop 2 per cent as downswing accelerates

While house values a declining fast, units in the territory are yet to experience the same trend.

The Canberra Times

House price plunge spreads with biggest monthly decline in 39 years

Australia's housing market decline spreads across all capital cities and most regional areas, with national prices falling by the most in any month since 1983.

ABC News

Families left furious over state of flats claim they're still paying hundreds in maintenance

Over 50 families in Crossley Court, Coventry, have been left furious and said their flats have been left "desperate" and in "disrepair" as the property management team ignores their pleas for help

Daily Mirror

Greenwich: South London council left tenants at ‘serious’ risk over fire safety failings, says regulator

Greenwich Council failed to tackle ‘high-risk’ safety failings across its housing stock, says regulator

Evening Standard

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Selling up and raising rents: how landlords are cashing in and exacerbating the cost of living crisis

Young people and those from poorer backgrounds are now losing at least 30% of their monthly income to rent, says Ruby Lott-Lavigna of openDemocracy

The Guardian - UK

Dad-of-three nearly bleeds to death after freak accident while decorating new home

WARNING: This story contains very graphic images which some readers may find upsetting.

Daily Record

Mike Davis, California’s ‘prophet of doom’, on activism in a dying world: ‘Despair is useless’

His warnings of ecological and social breakdown have proved accurate. But with months to live, Davis is anything but defeated

The Guardian - US

Five common faults that make your home a hot spot for thieves, according to an ex burglar

Here are ways to stop yourself from being the next victim of burglary

Liverpool Echo

Housing development plans, growth strategies put forward to boost Riverland population

The Riverland's population is lower than it was 20 years ago, but developers, the council and community advocates are doing their best to reverse the trend.

ABC News

Greens want two-year rent freeze in Qld

The Queensland Greens want to freeze rents for all residential properties in the state for two years and cap increases after that.

AAP

Morning mail: MP properties revealed, Dawson verdict explained, Taiwan fires at Chinese drone

Wednesday: MPs and senators own or part-own hundreds of properties, analysis shows. Plus: five things that led to Chris Dawson’s guilty verdict

The Guardian - AU

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The Conversation

More housing supply isn't a cure-all for the housing crisis

Canada needs to build more homes, faster, according to a recent report by the Canada Mortgage and Housing Corporation. The report estimates that British Columbia alone will need 570,000 new units by 2030 to meet a moderate affordability level of 44 per cent.

The Guardian - AU

Home advantage: federal politicians’ hefty property portfolios revealed in register of interests

In addition to residences and investments, dozens of MPs own homes in Canberra for which they can claim a $299 a night travel allowance

Glasgow Live

Developers behind rejected River Kelvin plan to develop 49 flats appeal decision

Glasgow's planning review committee will consider Queensberry Properties' appeal at a meeting next week. More than 750 objections were submitted to the initial application.

Wales Online

'I've lost everything' Man who has lived in sprawling shipping container home for 30 years evicted by council

‘When I first received the letter from the council I thought I was home and dry because I’d lived here so long’

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news in one place.

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Belfast Live

Derry properties for sale for £100,000 or less

Some brilliant properties available for all-buyers across the county

Wales Online

Families unable to move to new housing development and facing huge additional costs due to land dispute

Some families have been waiting many months to move in and have seen their mortgage offers rise substantially

Insider UK

Former Bellahouston Academy site to be turned into 36 new homes

The school's gymnasium and swimming pool facilities will become one and two-bedroom flats

Evening Standard

Commuter homes: 10 properties within an hour of London for the price of an average home in the capital

Looking to move away from the city centre? Strike while the iron is hot.

The Guardian - AU

China’s biggest property developer Country Garden sees profits plunge 96%

The company blames the ‘severe depression’ in the property market and says ‘only the fittest will survive’

Al Jazeera

As China’s property crisis grows, is the global economy at risk?

China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.

ABC News

First look at Cross River Rail underground stations: Roma Street, Albert Street, Woolloongabba, Boggo Road

A new video released by Cross River Rail shows how tunnelling works have created Brisbane's first underground railway network.

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