The Latest Breaking News on Real Estate

More light and less heat would be appreciated at Philip Lowe’s next grilling on Friday

Lost in the questioning from hostile senators was much insight into why the Reserve Bank wants to keep raising rates

The Guardian - AU · Feb 15, 2023

Bishopton residents set to challenge council over sale of green space

Action group ready to challenge council on green space decision

Daily Record · Feb 15, 2023

Tycoon who arrived as a refugee plans new Museum of Migration in City of London

Museum of Migration could be moved to a new location in Tower Hill, but the wider development faces opposition

Evening Standard · Feb 15, 2023

Average UK house price growth slowed in December

The cost of a home in London remained almost unchanged in the month to December

Evening Standard · Feb 15, 2023

Falkirk plan to improve commercial properties to help bring in more cash

The council's 678 commercial properties bring in around £3.5 million a year, and a new strategy has suggested a focus on improving the standards of the buildings to help increase this figure.

Daily Record · Feb 15, 2023

Abandoned Edinburgh newsagents set to be turned into residential apartments

Supporting the plans, the applicant says that the unit has been derelict for over five years and has been the subject of vandalism. They wish to restore two levels of the four-storey property and add several flats

Edinburgh Live · Feb 15, 2023

Retailers on leading London shopping streets set to see £96m slashed from business rates bill

A number of central London retailers could see a significant decrease in their business rates liability in the West End, according to new research

Evening Standard · Feb 15, 2023

A lot of pain for inflation gains, RBA boss Philip Lowe tells Senate hearing

RBA boss Philip Lowe gave no clues about how many more mortgage bill hikes are coming in his first public remarks of 2023.

The New Daily · Feb 15, 2023

Annual house price growth slowed in December – ONS

The average UK house price in December 2022 was £26,000 higher than a year earlier but lower than an average of £296,000 in November 2022.

The Independent UK · Feb 15, 2023

Chinese provinces spent at least $51.6 billion on COVID curbs in 2022

Chinese provinces spent at least 352 billion yuan ($51.6 billion) on COVID-19 containment in 2022, according to annual budget reports from local governments, adding strains to provincial finances in a year when economic growth slowed.

Reuters · Feb 15, 2023