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The Latest Breaking News on Real Estate

More social housing as cost-of-living crisis hits hard

Homelessness organisations have painted a dire picture of the crisis facing Queensland as the government announces more social housing but admits it takes time.

AAP

Housing revolt erupts over NSW plan to ramp up building

A battle over housing is underway between the NSW government and local councils, which claims communities are being kept in the dark about zoning changes.

AAP

Yellen Says US Commercial Property Concerns 'Manageable'

US Treasury Secretary Janet Yellen expressed concern Tuesday about the commercial real estate sector in the current environment of higher interest rates -- but added that the overall situation should be "manageable."

International Business Times

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Yellen confident in economic recovery despite real estate concerns

Treasury Secretary Janet Yellen expresses confidence in the strong US economy, citing low unemployment and robust job creation, despite concerns about infl...

Top News

Thrifty December cures sales-fuelled debt hangover

Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures.

AAP

Premature deaths of hundreds of homeless Australians ‘completely unacceptable’, housing minister says

Comments from Julie Collins come in response to Guardian Australia investigation and as advocates push for new ways to monitor crisis

The Guardian - AU

Thought we were on track for a rate cut? For now, the RBA says it’s time to come back to earth

RBA governor Michele Bullock wants to make Australian inflation is truly under control before releasing the handbrake on interest rates

The Guardian - AU

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'Worst could be behind' construction sector, influential survey suggests, amid rate-cut hopes

But figures showed the sector was still in decline in January

Evening Standard

Confidence grows in Newcastle property market amid predictions of rate cut

'A lot of buyer and sellers were sitting on their hands'.

Newcastle Herald

RBA leaves official interest rate on hold fuelling hopes mortgage repayment pain has peaked

Reserve Bank leaves cash rate at 4.35% at its first board meeting of 2024 in a move that was widely anticipated by economists as inflation eases

The Guardian - AU

Beecher Terrace low-income housing tax credit program faces criticism

The article discusses the flaws and inefficiencies of the Low-Income Housing Tax Credit (LIHTC) program in the US and suggests alternative solutions.

Top News

DLR extension: TfL launch consultation to extend light railway to Thamesmead

TfL has said that the proposed route to Thamesmead could potentially be extended to Belvedere and beyond

Evening Standard

This stacked monitor is a game changer for my home setup — here’s why

The Geminos T stacked monitor system started life as a Kickstarter project back in 2022

Tom’s Guide

It's rubbish: TikTok MP trashes 'lazy' youth cliche

One of Australia's most-followed MPs on TikTok says older generations are too lazy and careless to show up on the platforms youth use.

AAP

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Evening Standard

London leaver: 'my mortgage in Cheshire is just £400 a month compared to £1,200 on rent in Finsbury Park'

Luke McDowell had no money left over after rent living in London, but with his £175k house near Manchester he has plenty of disposable income

Newcastle Herald

Highfields auction results in suburb record $1.53m sale

There were 37 auctions scheduled in Newcastle and Lake Macquarie.

Evening Standard

Where to buy in Hampshire: five of the best cities, towns and country villages for commuting to London

From the charming Cathedral city of Winchester to the village of Hartley Witney complete with its own duck pond, these Hampshire homes are still close to London

USA Today Sports Media Group

Titans’ Ryan Stonehouse starting 2nd career as real-estate agent

Titans punter Ryan Stonehouse revealed he is starting a second career in real estate.

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news in one place.

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AAP

Developer discounts to help address housing supply woes

Apartment block developers will not have to pay $350 million in state government charges if they build medium density homes that help fix housing supply issues.

The Guardian - AU

Australian housing approvals sink to lowest level in 12 years amid rising costs and planning delays

NAB survey finds construction costs and interest rates primary concern among borrowers, while developers cite lengthy approvals process

Caixin Global

China Monthly New Property Sales Plunge to Five-Year Low

The country’s 100 biggest developers took in $33 billion in January, down 34.2%, as the ailing sector continues to grapple with a liquidity crisis

Top News

Trump CFO Allen Weisselberg potentially pleading guilty to perjury charge

Allen Weisselberg, former CFO of the Trump Organization, is reportedly in talks to plead guilty to perjury charges in relation to Trump's civil fraud trial...

Top News

Trump Organization CFO in talks to potentially plead guilty to perjury

Get the latest update on the ongoing investigation into the Trump Organization as the Chief Financial Officer, Alan Weisselberg, may potentially plead guil...

International Business Times

China Economic Slowdown To Persist Through 2028: IMF

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.

AAP

Premier admits mistake over homelessness appointment

Appointing a former director-general to undertake a review of Queensland's response to homelessness was "not a good look", an apologetic premier says.

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