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The Latest Breaking News on Real Estate

Foreign condo purchases projected to dip 20% this year

Kasikorn Research Center (K-Research) forecasts foreign purchases of condo units will decline by 20% this year, marking the first annual contraction since the pandemic.

Bangkok Post

Morning Mail: Iran launches missiles against Israel, homebuyers squeezed, Alexander Zverev wins French Open

Housing market cools off after reforms; Israel intercepts missiles fired from Iran

The Guardian - AU

Vulnerable families illegally ‘dumped’ hundreds of miles away by London councils

Exclusive: Practice that includes women fleeing abuse is ‘ripping at social fabric’ of towns in poorest parts of England

The Guardian - UK

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read the most diverse news in one place.

Australia’s housing market is cooling – but a Sydney flat with a broken shower still costs nearly $1m

Linly and Lena needed steady incomes, Linly’s parents’ help, the federal 5% deposit scheme and NSW’s stamp duty discount to buy a two-bedroom flat in Ashfield

The Guardian - AU

Social housing lists ‘would take 119 years to clear at current building rate’

Research shows generations of children in England will grow up homeless unless government addresses council housing debt, charity says

The Guardian - UK

Personal loans booming as cost of living drives Australians to borrow record amounts

National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March

The Guardian - AU

Vacant Scottish high street shop could become home to 107 students

A LARGE vacant shop on Falkirk High Street could become home to 107 students now that planning permission has been granted

The National (Scotland)

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'Generational shift': record housing spend touted as ACT budget centrepiece

Major community housing player welcomes 'transformational' investment.

The Canberra Times

Australian housing was already cooling before the budget – but how cold it gets depends on two key factors

Most economists believe the chronic undersupply of homes will eventually push prices higher once interest rates ease and the tax changes are priced in

The Guardian - AU

He feared he couldn't compete with AI: Indian family dumps American Dream, leaves US after tragedy

A mother with her two children decided to return to India, leaving their property in Texas after a massive tragedy struck them last year. The story of Priya Narayanaswamy, who came to India this April, emerged in a report by Bloomberg on the real estate crisis that the US is…

The Times of India

What National Audit Office report reveals about royals’ property affairs

King footing bill for Beatrice and Eugenie, and Duke and Duchess of Edinburgh subletting among findings

The Guardian - UK

Ask the Tax Editor, June 5: Tax Rules for Landlords

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions for landlords who own residential rental property.

Kiplinger

Andrew Mountbatten-Windsor pictured with huge bruise on face

DISGRACED former prince Andrew Mountbatten Windsor was photographed with a huge purple bruise on his face just before it was revealed he could have…

The National (Scotland)

Former Prince Andrew made money subletting cottages on his rent-free estate, report shows

A report by Britain's public spending watchdog shows that the former Prince Andrew made money by subletting cottages on the estate where he lived rent-free for two decades

The Independent UK

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The National (Scotland)

Hope for abandoned Scottish housing development as developer signals interest

An abandoned housing development could be transformed as plans have emerged to restart construction on the site after the project faltered four…

Newcastle Herald

Work set to start on the Hunter's newest housing estate

Construction of the first homes at a new estate is due to start in October.

The Guardian - UK

UK house prices fall for third successive month amid Iran war uncertainty

Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender Halifax

The Guardian - UK

Andrew sublet three cottages while paying ‘peppercorn rent’ to crown estate

Report into royal property affairs reveals disgraced ex-prince generated private income from Windsor Royal Lodge

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The National (Scotland)

'Outrageous': Andrew made 'potentially millions' from subletting royal properties

REVELATIONS that Andrew Mountbatten-Windsor could have made “potentially millions” from subletting properties on the Royal Lodge estate have…

AAP

'Trainwreck': One Nation forced to clarify housing plan

One Nation's most prominent figures have scrambled to clarify details of the party's housing policy after a senator stumbled through a "trainwreck" interview.

Bangkok Post

Resale homes take larger market share

Second-hand homes have become more popular among Thai homebuyers since the pandemic, with their share of both transaction volume and value increasing as new home transfers declined, reflecting weaker purchasing power amid a slowing economy.

The Times of India

Miami real estate agent, ex-partner and two daughters found dead in murder-suicide; were in ‘toxic’ relationship for years

A Miami real estate agent, her two young daughters and their estranged father have been found dead in an apparent murder-suicide inside a family home in Florida.

Evening Standard

UK construction output declines at fastest rate since pandemic, survey finds

Worries about the Iran war as well as political uncertainty in the UK were weighing on demand for building work last month.

Newsroom.co.nz

Your house failing to sell at auction could come with a financial sting in the tail

Properties that pass at auction face a 1.3 percent price penalty as buyer psychology shifts from competition to caution.

The Independent UK

This US city is paying Americans up to $70k to become first-time homeowners

The $21 million program will begin accepting applications June 8 and is expected to assist 300 to 400 first-time homebuyers

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