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The Latest Breaking News on Real Estate

London council faces £5m shortfall as ministers fail to provide funds to house 3,000 asylum seekers, says MP

Commentary: Over the centuries, different groups have made London their home – making London the vibrant city that it is today

Evening Standard

Hundreds of east London homes 'went without basic fire safety checks', claims whistleblower

A former employee of Populo Living claims a string of safety checks being missed was potentially putting people’s lives at risk

Evening Standard

Average home prices hit $1m with more growth to come

The average price of a home in Australia has hit $1 million after a decade of growth, though experts say a return to the explosive COVID-era boom is unlikely.

AAP

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Silent Success: Private Listings and Luxury Big Island's Model Now Validated by NAR's New Marketing Flexibility Rules

The National Association of REALTORS® (NAR) has announced a significant policy change that formally introduces "delayed marketing exempt listings" to the Multiple Listing Service (MLS) framework.

International Business Times

Labour rebel forces Commons vote amid fears of housebuilding reforms ‘wreckage’

Housing minister Matthew Pennycook said the ‘status quo’ for the environment and development was not working.

Evening Standard

Glasgow’s new skyscraper guidelines spark split over city’s skyline future

A NEW guide which has identified areas in Glasgow suitable for skyscrapers has split opinion with some claiming it is a “pencil pushing…

The National (Scotland)

We need a better planning bill than this

Letters: Leading wildlife and environmental groups say the government’s proposed planning legislation leaves a lot to be desired

The Guardian - UK

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Lifetime's latest thriller Seduced by His Lies premieres tonight

In Seduced by His Lies, real estate fraud turns into a real-deal nightmare when a woman discovers a strange man living in the townhouse she just purchased

WhatToWatch

‘Freemen on the land’: YouTube videos tell homeowners they aren’t bound by mortgages

FCA has sounded alarm over growing conspiracy theory that uses arguments dating back to Magna Carta

The Guardian - UK

Protests after death of baby boy who lived in ‘mouldy and damp’ north London flat

Akram Mohammed’s parents claim ‘no one’ from Notting Hill Genesis helped depite repeated requests for repairs

Evening Standard

Monaco ex-police officers stand trial over residence permit corruption scandal

A former police commissioner and two former officers are among those being tried over a scheme to grant residency in Monaco to a wealthy Belgian businessman and his relatives.

Radio France Internationale

Can Pope Leo XIV solve the Vatican funding crisis? Here’s how the Holy See manages money

The Vatican doesn’t tax its residents or issue bonds, and it's got a big budget problem

The Independent UK

Pablo Escobar's Cocaine Pilot Reveals He Originally Turned Him Down, Until He Offered Him Tens of Millions a Month

Pablo Escobar's former pilot says he turned down the cartel leader until being offered $20 million a month, leading to a lavish rise and eventual fall captured in a new podcast.

Latin Times

721 UPREIT DSTs: Real Estate Investing Expert Explores the Hidden Risks

Potential investors need to understand the crucial distinction between a REIT's option to buy a Delaware statutory trust's property and its obligation.

Kiplinger

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The Guardian - UK

UK house prices fall by more than expected amid economic uncertainty

Average property price drops 0.4% month on month in May to £296,648, Halifax says

The Guardian - UK

Donald Trump calls for big cut to US interest rates after jobs report shows hiring slowdown – as it happened

US economy added slightly more jobs than expected in May, but March and April’s data was revised lower

Evening Standard

FTSE 100 Live 06 June: House prices dip, HSBC boss lands new role

Weaker defence stocks and caution ahead of a key report on the US labour market today slowed the advance of the FTSE 100 index towards record territory.

Latin Times

Khadiyah Lewis Dead at 44: Former 'Love & Hip Hop Atlanta' Family Is Planning a Public Funeral

Her death was confirmed by her brother Jamaal Lewis in a heartfelt statement to The Shade Room. The passing Khadiyah Lewis has left the family devastated. She was part of 'Love & Hip Hop Atlanta' season 4

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The Guardian - US

Trump’s crypto ventures may be his most dangerous moneymaking scheme

The US president is leveraging his position for personal gain by exploiting an industry known for lack of transparency and fraud

The Guardian - UK

Housing bosses press Rachel Reeves to unlock more funds for affordable homes

Housing associations want chancellor to class social housing as critical infrastructure to allow for extra spending

The Guardian - UK

Labour MPs poised to rebel over planning bill amid concerns for nature

Ministers understood to be drawing up amendments to bill to try to head off threatened rebellion by two dozen MPs

Evening Standard

Paragon's virtues shine as lender boosts first half profits to £140 million

Professional landlords riding out the extra costs and regulation in the sector

Evening Standard

Residents in Grenfell Tower estate to receive compensation after 'living on a building site' for eight years

One resident said the compensation payments were "nowhere near enough”

The National (Scotland)

Residents of new Scottish town face two-year wait for shops

Hundreds of residents in a new East Lothian town face a wait of two years before they have their own shops, developers have revealed

The Guardian - AU

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it

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