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The Latest Breaking News on Real Estate

China's economy softens in August as Beijing continues to grapple with lagging demand

China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand

The Independent UK

Home ownership in Australia has been in retreat for decades. How does it stack up against other countries?

Many OECD countries have experienced similar patterns of declining homeowner numbers – and ageing populations are projected to drive the rate even lower

The Guardian - AU

Anas Sarwar challenged on rent control bill as Labour 'move away from tenant rights'

ANAS Sarwar has been challenged to back the Scottish Government’s plans for rent controls amid concerns that Labour are moving “away from…

The National (Scotland)

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One in 85 London homes listed on holiday let websites as MP warns of capital being 'hollowed out'

London Councils estimates that one in every 85 homes in the capital are currently available for short-term let and are subject to ‘virtually no regulation’

Evening Standard

China Bans PwC For Six Months Over Evergrande Audit

Accountancy giant PwC was banned in China Friday for six months and slapped with a fine of $62.2 million over problems with its audit of beleaguered property company Evergrande.

International Business Times

$11.4m plans for co-living housing with pool and car stacker

The development includes 60 studio rooms.

Newcastle Herald

How to make selling your home less stressful – as a fifth of people compare it to a divorce or break-up

The pressures of house-selling have been likened to a relationship breakdown or even arranging a funeral.

The Independent UK

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Albanese’s $1.9m property listing is a far cry from the housing struggles of ordinary Australians

The chasm between those who can buy and sell real estate at will and those for whom housing is a source of constant anxiety has never been clearer

The Guardian - AU

Superstitious home movers avoid completing on Friday 13, study suggests

Rightmove’s research also suggests that some people moving into a home numbered 13 could be getting a bargain.

The Independent UK

How small-to-medium upgrades could open up thousands of new Hunter homes

The smaller projects are the key to more houses.

Newcastle Herald

'Selling Sunset' Season 9: Everything We Know

Expect more deals, feuds, and a new celebrity-sibling addition to The O Group.

Marie Claire

The winding road that took an Australian F1 prospect to Supercars stardom

James Courtney announced his retirement by accident – on the television news. With his eyes set on a career in real estate, it made sense for the 44-year-old to plug the Gold Coast firm he was joining and talk up his expertise. But in doing so, he also stated that…

Autosport

Time to sell? House prices rise for first time in nearly two years

Housing market sentiment is improving following a modest decline in mortgage rates and growing buyer interest, Rics said.

Evening Standard

Downsizer tax break not ruled out under housing reform

The Property Council argues stamp duty is a major barrier for downsizers, while Victoria's premier did not rule out a one-off exemption to free up family homes.

AAP

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Newcastle Herald

Catherine Hill Bay suburb record smashed by $2.125 million

It topped the previous $2.35 million record.

The Independent UK

House prices rising for first time in two years, survey suggests

After the Bank of England cut the base rate in August, professionals are finally seeing growth in house prices

The Guardian - UK

Bill to ban landlords in England from rental bidding wars

Renters’ rights bill goes further than expected to ensure tenants pay no more than advertised price

Evening Standard

Property completion times in London are six weeks longer than elsewhere in the UK

On average the capital moves at a snail’s pace but how does your borough fare?

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news in one place.

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The Guardian - AU

A terrace house is for sale in Sydney for $22m. The grotesquely unfair capital gains discount is partly to blame

The government is giving property investors a massive tax break instead of building and buying new social and affordable homes

Evening Standard

Outcry over plans to turn part of Dalston's Ridley Road shopping village into 'slum' flats

Proposals put forward by an offshore private developer for seven flats seen as ‘slums of the future’ by locals

Evening Standard

‘Burglar’ falls 20ft from roof during suspected raid on £4m north London enclave

Neighbours hear ‘screams’ as suspected raider plunges to ground in Queen’s Park at 3am

The Independent UK

Landlords warn they could increase rents in response to Labour’s renters’ rights bill

National Residential Landlords Association claims bill could turn rental sector into ‘Airbnb lite’

Kiplinger

Considering a 721 Exchange? Adopt a Buyer Beware Mindset

Having a tax-smart exit strategy for your real estate investment is a great idea, but if a 721 exchange is part of your plan, here's what you need to consider.

Newcastle Herald

High-density housing zones could double to 800m around Hunter train stations

Nine local train stations are on the list.

Evening Standard

Housing minister Matthew Pennycook raps fellow London MP Jas Athwal for state of homes rented out

The rebuke came as the Government announced reforms to protect tenants

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