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The Latest Breaking News on Real Estate

June US Home Sales Slower Than Expected, Prices Hit Fresh High

US existing home sales dropped more than expected in June, according to industry data released Tuesday, while the median price hit a new high.

International Business Times

Britain’s biggest building society reintroduces sub-4% fixed mortgage rates

Comes amid expectations that the Bank of England base rate will start to be cut soon

The Independent UK

Two die and 13 injured in walkway collapse at Naples ‘Gomorrah’ housing complex

Remaining 800 residents evacuated from last block still standing at Le Vele di Scampia, setting for hit TV series

The Guardian - UK

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Tokyo Swindlers: release date, cast, plot, trailer and everything we know

Tokyo Swindlers is a new crime thriller on Netflix...

WhatToWatch

New home registrations fell by 23% annually in second quarter of 2024

The National House Building Council said its new-build home registration figures show ‘there is a mountain to climb’.

The Independent UK

Renting scandal deepens as prices hit record high while almost half live in unfit homes

Almost half of private renters in England are living in homes that are cold, damp or mouldy, even in the summer

The Independent UK

Don't rush CFMEU administrator process, minister urges

Due processes need to be followed in appointing an administrator to the CFMEU following allegations of criminal elements in the union, a senior minister says.

AAP

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3 Healthcare REITs With Strong Growth Prospects

The healthcare REIT industry is poised for robust growth amid aging population, changing healthcare system and services, and government initiatives. Thus, it could be wise to invest in top healthcare REITs Welltower (WELL), CareTrust REIT (CTRE), and Sabra Health Care REIT (SBRA) to boost your portfolio returns. Continue reading.

StockNews.com

Number of new UK buy-to-let mortgages halves in just over a year

Sector shrinks in size for first time since launch of products in 1996 as higher costs drive out investors

The Guardian - UK

Homicide Los Angeles: Who is Bruce Koklich and where is he now?

Homicide Los Angeles on Netflix has got viewers keen to know more about Bruce Koklich

Woman & Home

‘Economic violence’: Birmingham residents decry plan to raze 1,900 homes

People on Ladywood estate fear being priced out of the city council’s £2.2bn redevelopment project

The Guardian - UK

Hammerson sells £1.5bn stake in Bicester Village owner to private equity firm

Property company will use some of proceeds with LVMH-backed investor L Catterton to pay down debt

The Guardian - UK

Mogul's $17M Debt and Wife's Lavish Spending Exposed After His Tragic Suicide: 'They Were Spending Way Beyond Their Means'

Wealthy Hamptons developer Brandon Miller's suicide was linked to financial strain and pressure to maintain a lavish lifestyle.

International Business Times UK

China Central Bank Cuts Two Key Rates To Support Flagging Economy

China's central bank on Monday cut two benchmark interest rates in a bid to boost lending and kickstart growth in the world's second-largest economy.

International Business Times

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AAP

Pre-fab homes built up as state fix for housing crisis

Chronically unaffordable property in NSW has prompted a trial of modular housing and calls to appoint a top bureaucrat to overcome planning obstacles.

Kiplinger

Avoid These Tax Surprises When Selling a Vacation Home

How to avoid certain tax surprises when you sell a vacation home.

USA Today Sports Media Group

This 8-bedroom home on the ocean and a KFT course in the Bahamas is on sale for $12M

The Abaco Club in the Bahamas has hosted a Korn Ferry Tour event since 2017.

The Guardian - AU

Putting design first: six social housing projects from around the world

Australia’s commitment to social housing is far outstripped by rising demand. With greater opportunity, architects could deliver world class designs

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news in one place.

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StockNews.com

3 Construction Stocks Building for the Future

As falling mortgage rates and population growth boost housing demand, driving growth for the construction sector, investors might consider buying fundamentally strong construction stocks like NVR (NVR), Toll Brothers (TOL), and PulteGroup (PHM). Read more.

The National (Scotland)

Community company completes multiple affordable homes on Scottish island

A COMMUNITY development company has announced the completion of six new houses on a Scottish island and is set to hand the homes over later this…

Reason

Zoning Police and NIMBYs Want To Keep People Homeless

Vineyard owners face $120,000 in fines for letting an employee and his family live on their 60-acre property without a permit.

Evening Standard

What's in store for the green belt? Plus ten of the best homes for sale in some of its prettiest villages

Loosened planning laws could free up pockets of land on London’s green periphery. These characterful family homes are winners either way

AAP

Rates uncertainty takes sting out of home price growth

The temperature in the housing market appears to be coming down as interest rate uncertainty keeps more buyers on the sidelines.

The Independent UK

Homes with a south-facing garden ‘command typical £16,000 price premium’

On average, homes with a south-facing garden sell nine days faster than those without, Rightmove said.

The Independent UK

US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump

Sales of U.S. homes to foreign nationals have fallen to the lowest level in more than a decade, hampered by a strong dollar and many of the hurdles that have kept the housing market in a deep sales slump for over two years

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