The Latest Breaking News on Real Estate

50-acre Edinburgh plot for sale with 500-home planning permission

The New Brunstane site to the east of the city has been brought to market for the first time

Insider UK · Feb 10, 2023

Do Michael Gove’s proposed rent reforms need a rethink? Cross-party committee identifies several issues in bill

From ‘backdoor no-fault evictions’ to price-hike confusion, a cross-party committee has outlined where the government’s vision could leave the tenants it aims to help

Evening Standard · Feb 10, 2023

Turkey's lax policing of building codes flagged before quake

Turkey has for years tempted fate by not enforcing modern construction codes while allowing — and in some cases, encouraging — a real estate boom in earthquake-prone areas, experts say

The Independent UK · Feb 10, 2023

Bristol area leading housing revolution that sees tiny homes being built in back gardens

"No one’s ever tried to do this before. We’ve made it happen in Knowle West."

Bristol Post · Feb 10, 2023

Hong Kong's Lee faces stern test over $3.4 billion bid to ease housing shortage

A flagship $3.4 billion plan by Hong Kong to build temporary housing to ease a massive shortage is facing fierce criticism over its high cost and the absence of a longer-term solution in one of the world's most unaffordable property markets.

Reuters · Feb 10, 2023

The RBA’s latest inflation and wage predictions help explain why Australia’s interest rate nightmare isn’t over

The main worry is workers might demand more pay, employers will pass that on to prices, and a wage-price spiral will take off

The Guardian - AU · Feb 10, 2023

Developer Jean Nassif declines to front inquiry into 'impropriety' claims in Sydney's north-west

Sydney property developer Jean Nassif has declined to appear before a NSW parliamentary inquiry into the Hills Shire Council before the state election, saying he will be in a remote part of Lebanon at the time.

ABC News · Feb 10, 2023

The Reserve Bank will keep raising interest rates, but don't expect more supersized jumps

The Reserve Bank confirms that Australians can expect to see at least two more rate rises, but appears to favour a slow and steady approach over any more supersized hikes.

ABC News · Feb 10, 2023

Housing advocates call for rent limits in Qld

Queensland housing advocates are calling for the state government to limit the amount and size of rent rises allowed each year to protect renters.

AAP · Feb 9, 2023

Lower interest rates, prices bring buyers back to the housing market

As mortgage rates rose at a brisk pace last year while prices in North Texas were still at record highs, Harshal Bauskar’s family had to put a pause on their home search last summer.

Tribune News Service · Feb 9, 2023