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The Latest Breaking News on Real Estate

'Gone backwards': Hopes fund can revive home-building

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

AAP

Want to slash social housing waitlists? We should allow tenants to swap homes

There are 184,100 people on social housing waiting lists around the country, reflecting the impact of declining homeownership and escalating private rents.

The Conversation

Scottish council declares 'affordable housing emergency' amid land loss claims

Councillors in East Lothian have declared an ‘affordable housing emergency’ amid claims they are just ‘days away’ from losing promised land…

The National (Scotland)

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Prince Andrew May Have Saved His Home But it Reportedly Needs More Than $300k in Restoration Work

Royal Lodge is allegedly moldy and falling apart.

Marie Claire

Wife of celebrity house flipper smashed phone with hammer to hide evidence of Ponzi scheme, feds say

Exclusive: Jennifer Iturralde Pina, whose husband, DJ Envy associate Cesar Pina is fighting wire fraud charges, smashed her cell phone to bits with a hammer as the FBI waited outside her front door to seize it

The Independent UK

The Guardian view on China’s growth limits: shifting to a post-industrial economy is tough

Editorial: Beijing’s model is hitting roadblocks. It needs to move toward more home-grown spending – even if one-party politics makes that hard

The Guardian - UK

Scottish Government announces new planning hub to speed up housebuilding

SCOTLAND'S public finance minister has pledged changes to the planning system to help it play a “full part” in tackling the country’s housing…

The National (Scotland)

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McDonald accuses parties of treating Sinn Fein voters as ‘second-class citizens’

Her comments came amid increasing focus on coalition permutations after the General Election in Ireland.

Evening Standard

3 Real Estate Stocks Poised for Growth Amid Housing Recovery

As the housing market recovers, key trends such as interest rate cuts, modernized office spaces, and increasing demand for senior housing are creating promising growth opportunities in the real estate sector. Hence, fundamentally sound real estate stocks AvalonBay Communities (AVB), RE/MAX (RMAX), and Equity Residential (EQR) might be wise picks.…

StockNews.com

Developers appeal over Woolwich tower block plans that were rejected due to 19th century chimney

A developer has appealed Greenwich Council’s decision to refuse its plan to build a block of flats beside a 19th century chimney.

Evening Standard

Our flat’s rising ground rent is going to ruin our move

Our buyer’s lender has pulled out because the charge rises with the property’s rising value. Now the delay risks collapsing the whole chain

The Guardian - UK

China Planning To Cut Taxes On Home Buying: Report

China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday.

International Business Times

Architect delivers a big home truth on Aussie housing

An architectural labyrinth has been installed at the National Gallery of Victoria - and its footprint is the size of the average newly-built Australian house.

AAP

Morning Mail: Australia could ‘flip’ to renting nation, gender health gap increasing, Rebel Wilson accused

Research shows three out of five renters will never become owners

The Guardian - AU

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Newcastle Herald

'Modest surplus' as Newcastle council balances its books

Ratepayers forked out $219 million in rates and charges, an increase of $10.6 million.

The National (Scotland)

Planning system is failing to tackle Scotland’s housing emergency, say experts

NEW statistics highlight a service which is “under-resourced” and “ill-equipped" to deal with Scotland’s escalating housing emergency,…

Evening Standard

Canary Wharf skyline set for new 46-storey, 912-bedroom tower just for students

Plans to build a huge, 46-storey student accommodation tower block in Canary Wharf have been tipped for approval.

Evening Standard

Plans for 31-storey student tower on top of a Victorian warehouse in Deptford approved

Plans to build a 31-storey student tower on top of a Victorian warehouse in Deptford have been approved by councillors.

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Latin Times

Canadian Immigration Lawyers Set Up Special Website to Handle Flood of Requests from American 'Refugees' Looking to Leave US After Trump Win

Since Donald Trump's re-election, Canadian immigration lawyers have seen a surge in inquiries that inspired a website dedicated to American "Trumpugees."

Evening Standard

West End wars: Who will win the new battle for the soul of Soho?

Soho business leader John James calls out what he describes as Westminster’s “obvious bias” against operators

The Guardian - AU

LJ Hooker branch used AI to generate real estate listing with non-existent schools

Agency apologises after an ad said a house in Farley, NSW, was close to two ‘excellent’ schools even though there are none in the town

The National (Scotland)

Plans lodged for more than 600 homes and 'new neighbourhood' near Scottish town

PLANS for more than 600 homes near a town in North Lanarkshire have been proposed as part of a bid to address the need for affordable housing...

Evening Standard

Housebuilding in London 'as bad as during 2008 global banking crisis', says Sadiq Khan

Inability of Londoners to get on housing ladder isn’t because they spend too much on ‘flat whites or Netflix’, says mayor

The Guardian - UK

Leading UK estate agent cuts its longer-term house price growth forecast

Hamptons says ‘modest’ rises can be expected amid ‘dampening effect’ of higher interest rates overall

Evening Standard

Kingston Council criticised for failing to help woman fleeing domestic abuse with housing

Watchdog finds council delayed support for five months, leaving woman at risk and in distress

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