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The Latest Breaking News on Real Estate

Grenfell Tower to be demolished over two-year period

The June 2017 disaster claimed the lives of 72 people.

Evening Standard

UK house prices jump to new high as stamp duty rise looms, says Halifax

Average property price increases by 0.7% in January to record £299,138 as market starts year ‘on positive note’

The Guardian - UK

Average UK house price hit new record high of almost £300,000 in January

Affordability is still a challenge for many would-be buyers

The Independent UK

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Best state at addressing housing crisis revealed

Planning reforms, streamlined development approvals and a strong focus on land releases are helping South Australia solve the state's housing shortage.

AAP

World media lambasts Trump’s Gaza proposal, but News Corp praises idea as ‘worth a try’

Plan called ‘mad’, ‘ethnic cleansing’, and a possible crime against humanity in most outlets – but The Australian says it reflects Trump’s ‘inherently benign’ worldview. Plus: Mr Murdoch goes to Washington

The Guardian - AU

Delay to ‘Awaab’s law’ risks lives of social housing tenants in England, Shelter says

Government criticised for giving landlords until 2027 before having to fix all dangerous hazards quickly

The Guardian - UK

Angela Rayner was 'escorted out of Grenfell meeting' amid shock and anger at demolition announcement

Families of victims have criticised Government decision - but feelings about the move in the wider community are more mixed

Evening Standard

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Workers' marathon commutes spur calls for tourist tax

Essential workers are being forced to live hours from their jobs as their representatives call for taxes on tourists.

AAP

London council ‘at fault’ after leaving single mum and child in mouldy temporary accommodation for 19 months

Watchdog rules that Kensington and Chelsea Council was slow to act to help woman

Evening Standard

Jimmy Kimmel on Trump: ‘It’s like our country is being run by the maniac from Saw’

Late-night hosts roundly decry Donald Trump’s proposal to take ownership of the Gaza Strip and turn it into the ‘Riviera of the Middle East’

The Guardian - US

Exes make good competition on HGTV's 'The Flip Off' with the El Moussas, Christina Haack

Exes and TV personalities Tarek El Moussa and Christina Haack are reuniting for a new reality competition show on HGTV

The Independent UK

No room for reality as Yvette Cooper takes Nick Ferrari’s phone-in in her stride

Neither home secretary nor presenter seemed willing to admit we live in an imperfect world we can’t fully control

The Guardian - UK

How the nonprofit Change Reaction gets money to LA households impacted by wildfires so fast

As Angelenos reel from the devastating wildfires that destroyed thousands of homes and businesses and killed at least 29 people, an LA-based nonprofit is giving some of those impacted fast, unrestricted help by handing out cash payments of as much as $5,000

The Independent UK

Bank of England cuts interest rates to 4.5%

A London homeowner with a £300,000 tracker mortgage will see monthly repayments fall around £43 from £1,710 to £1,667.

Evening Standard

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The Guardian - UK

What does the Bank of England interest rate cut mean for mortgages and savings?

Decision will lead to lower borrowing costs for those on trackers – but fixed-rate deals will stay the same

The Independent UK

UK construction activity contracts as ‘full impact’ of Budget sets in

The latest S&P Global construction purchasing managers’ index showed a reading of 48.1 in January, down sharply from 53.3 in December.

The Independent UK

What the latest interest rates vote means for your mortgage, savings and bills

The Bank of England has held the base rate to 3.75 per cent, the lowest level in three years

The Independent UK

Home repossessions increase but mortgage arrears on ‘downward trend’

While pressures remain, the challenges of higher interest rates and cost-of-living increases have started to ease, UK Finance said.

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The Guardian - US

Which Trump family members and in-laws have conflicts of interest?

Jared Kushner, Trump’s son-in-law who floated idea to take over Gaza, is just one member of president’s clan who has business ties that pose conflicts

The Guardian - US

Trump’s Gaza remarks are no surprise: ethnic cleansing was always the plan

If Trump executes his plans, it’s because the media helped pave the way. It’s beyond time for more of my colleagues to speak up

The Independent UK

Denver hotel that sold for $9m months ago is now on the market for just $10

A covenant requires the buyer to use the building for income-restricted housing for 99 years

The Guardian - UK

UN chief warns against ‘ethnic cleansing’ after Trump’s Gaza proposal

President’s plan for US to take over Gaza Strip and move Palestinians out also rejected by allies Saudi Arabia and Jordan

The Guardian - UK

The Guardian view on Trump’s foreign policy: an alarming new order takes shape

Editorial: The US’s former allies must not normalise or legitimise the president’s lawless concept of international deal-making

The Guardian - UK

‘Waterfront property’: what are Trump’s real estate interests in Palestine?

Many of US president’s allies support settler projects, and plans to effectively colonise Gaza are an expansion on ideas from first term

The Guardian - UK

Trump’s plan to own Gaza a throwback to 19th-century imperialism

It does not seem to occur to US administration that to the rest of the world they seem to be advocating a second Nakba

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