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The Latest Breaking News on Real Estate

Mortgage prisoners trapped by negative equity are renting out their homes

Home owners struggling with their mortgages who cannot sell because they are in negative equity are starting to turn to the booming rental market to avoid default.

ABC News · Feb 1, 2023

Glasgow Red Road flats and Sighthill abandoned land still without housing a decade later

A Springburn and Robroyston councillor said a brick has still not been laid after he had to leave his flat about 11 years ago.

Glasgow Live · Feb 1, 2023

Leeds City Council 'doing everything possible' to tackle mouldy homes as report set to be published

The council says it is committed to ensuring the 'health and safety' of its tenants

Leeds Live · Feb 1, 2023

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One-bedroom flat near Merchant City bars and restaurants selling for just £50k

The property on Blackfriars Road gives the buyer a chance to snap up a bargain as the average price of a one-bedroom flat in Glasgow's city centre is around £150,000.

Glasgow Live · Feb 1, 2023

Fire escape plan for Bristol council tower blocks could be a 'recipe for disaster', tenant fears

City council housing bosses launch communication plan to dispel residents' myths over sprinklers and alarms

Bristol Post · Feb 1, 2023

Three-week legal battle begins for the future of housing plan on Brislington Meadows

The wildlife haven in south east Bristol could soon see 260 homes built on it

Bristol Post · Feb 1, 2023

Interest rates set to rise again as Bank of England braces for ‘shallow’ recession

Decision on Thursday would be the 10th time in a row that policymakers have opted for an increase

The Independent UK · Feb 1, 2023

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Bristol’s 'most expensive' one-bed flat is on the market for £3,500K a month

Located on the Eastville/Fishponds border this property is stunning - but very pricey

Bristol Post · Feb 1, 2023

US Fed set to slow rate hikes

WASHINGTON: The US Federal Reserve started the second day of its policy meeting on Wednesday, on growing expectations that it will step down to a smaller interest rate hike as red-hot inflation shows signs of cooling.

Bangkok Post · Feb 1, 2023

Edinburgh property: Cosy flat in a peaceful city spot with great DIY potential hits the market

Situated in a tranquil residential area of Abbeyhill, the one-bedroom property might not look like one's ideal home at first glance but has huge potential to become one after some refurbishment work.

Edinburgh Live · Feb 1, 2023

Average UK house price falls again in January

The averge house price dropped by 0.6 per cent in January, Nationwide Building Society says

The Independent UK · Feb 1, 2023

Mum makes £18,000 selling 'dated' Cheshire home on BBC Homes Under the Hammer - despite doing 'nothing' to it

Nikki bought her three-bed semi-detached house for £215,000 at an auction

Manchester Evening News · Feb 1, 2023

Unused Dublin train station finally set to open 14 years after being built

The Kishoge station was initially built in 2009

Irish Mirror · Feb 1, 2023

Mansion snapped up in three days despite being on fire in property listing

A $1.5 million (£1.2 million) mansion in Franklin, Tennessee, America, changed hands in just three days despite burning down in its online property listing, leaving the new homeowner with an extensive list of damages

Daily Mirror · Feb 1, 2023

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Caixin Global · Feb 1, 2023

China’s New Home Sales Get Off to a Weak Start in 2023

The 100 largest Chinese developers sold $52.5 billion worth of new properties in January, down 32.5% from a year earlier

Birmingham Post · Feb 1, 2023

Strong performance for Midlands' industrial property market - report

Occupier appetite for robust spaces continued to increase across the region says Knight Frank

Daily Mirror · Feb 1, 2023

UK house prices fall again - down 3.2% from last year peak, according to Nationwide

Even though this may sound like positive news for buyers, Nationwide says that it is "too early" to tell whether the housing market had started to recover after the infamous "mini budget" last year

Tribune News Service · Feb 1, 2023

Adam Minter: Arizona can't keep growing without finding more water

The 23-year drought that’s parching the Southwest is forcing Arizona to make a bitter choice. Unless developers can find new sources of water, the state’s largest master-planned housing development is going to remain a desert.

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The Guardian - UK · Feb 1, 2023

UK house prices fall for fifth month in a row

Average cost of home now 3.2% below August 2022 peak as mortgage demand slumps

Daily Record · Feb 1, 2023

Dumfries and Galloway council officers believe Kirkcudbright infrastructure won't be overwhelmed by new housing development

Concerns have been raised at the impact 62 new houses at The Merse could have on schools and medical facilities

Evening Standard · Feb 1, 2023

Comment: ‘London housing is completely unaffordable for young people — it doesn’t have to be so’

It’s hard to see a bright future for London’s younger generations — but the shift to increasingly unaffordable housing isn’t as inevitable as we think

The Independent UK · Feb 1, 2023

Average UK house price fell by 0.6% in January

Annual house price growth slowed to 1.1%, from 2.8% in December, Nationwide Building Society said.

The Guardian - UK · Feb 1, 2023

UK house price growth slowest since mid-2020; manufacturing contracts for sixth month in a row – as it happened

UK annual house price growth slows to 1.1%; investors await US Federal Reserve message on whether it will tighten monetary policy further

Evening Standard · Feb 1, 2023

Average UK house prices fall as market continues to cool, says Nationwide

Annual house price growth in January slowed to 1.1%, from 2.8% in December, according to Nationwide

Wales Online · Feb 1, 2023

Average house price falls 0.6% month on month

This left average prices 3.2% lower than their August peak

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