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The Latest Breaking News on Real Estate

Palmer claims $30 million fraud in bid to freeze funds

Businessman Clive Palmer's solicitor allegedly defrauded his companies of $30 million and invested some of the money in real estate, a judge has heard.

AAP

Rushanara Ali broke no laws or rules in tenancy row, minister says

Rushanara Ali resigned from Government following reports she raised rent on a property just weeks after the previous tenants left.

Evening Standard

'Project-by-project' moves toward lofty housing target

Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.

AAP

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Sydney and Toronto had equivalent home prices, then Canada’s crashed. Could Australia see a similar slump?

Canadian property prices fell by C$150,000 over three years as Australia’s rose by about A$85,000

The Guardian - AU

Who is Rushanara Ali? The homelessness minister forced to quit over London rent scandal

The Labour MP is said to have hiked the rent on the home near the Olympic Village by £700-a-month shortly after telling four tenants they had to move out

Evening Standard

July yields fastest rate of UK house price rises this year, says lender

Cheaper mortgage rates and rising wages helped to push monthly growth to 0.4%, according to Halifax

The Guardian - UK

Landlord who packed 18 people into east London house is fined £33,000

The house had been converted into 11 bedrooms and was being sub-divided into even more rooms when the landlord was finally prosecuted

Evening Standard

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Interest rates cut to 4% as UK inflation picks up

The cut came after the Bank’s rate-setting committee was forced to take a second vote for the first time in its history.

The Independent UK

UK interest rate cut: what does it mean for mortgages and savings?

Base rate reduction to 4% will hit some savers, but people with tracker home loans will see immediate benefit

The Guardian - UK

UK homelessness minister resigns after tenant eviction claims

Rushanara Ali was accused of hypocrisy after claims she removed tenants before rent rise of almost £700 a month

The Guardian - UK

Homelessness minister faces criticism over hiking rent after removing tenants

Rushanara Ali’s east London property was re-listed with a £700 rent increase after tenants moved out at the end of their contract.

Evening Standard

London council loses High Court battle to stop affordable housing in Marylebone being redeveloped

Westminster City Council had sought an order to keep the flats as affordable housing

Evening Standard

Sadiq Khan claims London house-building success but critics say it's 'smoke and mirrors'

Critics have said that Sir Sadiq Khan is proud of meeting an eigth of his target

Evening Standard

Russia fights edict Canberra embassy a security threat

Diplomatic tensions between Australia and Russia are playing out in the High Court after a new embassy in Canberra was denied by the federal government.

AAP

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The Guardian - AU

Engineer who helped build Melbourne’s public housing towers condemns plan to demolish ‘icons’

Victorian government defends redevelopment, saying towers are outdated and unsafe as inquiry continues

The Independent UK

This is where house prices are dropping the most across the country, new study shows

The national median list price in July was $439,990, according to the new report

The Guardian - AU

News Corp’s Australian newspaper revenue falls as CEO warns Trump of AI’s ‘art of the steal’

Advertising revenue at division that includes the Australian, Daily Telegraph and Herald Sun down 5%

Cinemablend

A Bunch Of HGTV Stars Have Had To Speak Out As Fans Worried More Shows Were Getting Canceled

Here's what's going on with some HGTV faves now...

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Kiplinger

Think Twice Before Co-Signing or Guaranteeing a Lease for Your Kids

If you co-sign or guarantee a lease for your kids, make sure you understand the risks.

The Guardian - UK

Jeremy Corbyn warns rules on council asset sales threaten allotments

Sales of eight allotment sites approved since Labour took power as councils seek to fund day-to-day spending

Evening Standard

Wandsworth unveils 'growth plan' which could see 14,000 new homes in next decade

The scheme includes plans for 8,400 new homes in Nine Elms, 3,000 more homes in Clapham Junction and 3,000 extra homes in Wandsworth Town

International Business Times

US Trade Advisor Says Trump Tariff Rates Unlikely To Change

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil.

The Independent UK

More American citizens are trying to migrate to these Caribbean islands this year. Here’s how to join them

Travelers racing to access ‘citizenship by investment’ schemes in wake of pandemic and 2024 U.S. election

AAP

Prefab house ferried to island by night wins top award

A house built in a factory and ferried to one of the nation's favourite holiday islands has won Australian House of the Year at the 2025 Houses Awards.

The Texas Tribune

Lawmakers advance bill to protect Texans from real estate fraudsters

Senate Bill 15 seeks to prevent the use of fraudulent deeds to sell someone else’s property or take out loans. Gov. Greg Abbott vetoed a previous version of the bill.

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