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The Latest Breaking News on Real Estate

General election: Labour pledges 'Freedom to Buy' mortgage guarantee scheme — but will it work in London?

Extending the mortgage guarantee scheme and taxing foreign property investors to pay planning officers are part of pre-election promises

Evening Standard

UK house prices stabilise as rising wages and consumer confidence steady market

Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688

The Guardian - UK

Average cost of a home ‘little changed’ in recent months, says Halifax

The typical UK house price edged down by around £170 or 0.1% month on month in May, according to Halifax’s index.

The Independent UK

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US dollar rallies as strong jobs report dampens rate cut hopes – as it happened

US economy created many more jobs than expected in May, but unemployment rate has risen to 4%

The Guardian - UK

Demand for London rental properties plunges 28% as first-time buyers escape renting trap

London rent has become so unaffordable that rent rises are finally slowing, reports Zoopla

Evening Standard

Broadmeadow plan great for housing, lousy for transportation

The Broadmeadow strategy provides well for housing, not transportation

Newcastle Herald

Labour makes ‘permanent’ mortgage guarantee pledge to entice first-time buyers

First-time buyers could use the state as a guarantor for their mortgages under a future Labour government, the party has pledged.

The Independent UK

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Victoria is raising minimum rental standards – it’s good news for tenants and the environment

Following the lead of countries like New Zealand and the United Kingdom, Australian states and territories are moving slowly towards improving the basic quality and performance of rental housing.

The Conversation

Build on the green belt to fix London's housing crisis, says think tank

London’s green belt could be replaced with Copenhagen’s ‘green fingers’ model, it was suggested at a summit this week

Evening Standard

A court ruling will allow new student housing at University of California, Berkeley’s People’s Park.

A California Supreme Court ruling will allow student housing at University of California to be built at Berkeley’s historic People’s Park

The Independent UK

Feeling flush: Could an extra bathroom add a whopping £1.2 million to your home's value?

The hottest property luxury for Londoners could be the bragging rights of an extra toilet

Evening Standard

Pressure is on for Bank of England interest rate cut as other central banks act

When will the Bank of England follow?

Evening Standard

Tents, caravans and mobile homes are used after disasters, so why can’t they be solutions to our housing crisis?

There is little doubt Australia is in the midst of a profound housing crisis, one that has been decades in the making.

The Conversation

Warren O'Shea of O'Shea Builders Shares the Top 5 Things to Know Before Starting a Renovation Project

Since establishing the company in 2004, O'Shea has been upholding a standard of excellence, which is why the business earned the title of Maine's Most Awarded Remodeling Contractor.

International Business Times

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Evening Standard

World's richest turn 'risk-on' as they pour cash into property and private equity

The world’s richest are taking a risk-on approach to investing in 2024, new research has found, as high net worth individuals swap safe havens like cash for property and private equity.

The Independent UK

Trump suffers another surprise primary blow as MAGA candidate defeated in New Jersey

Real estate developer Curtis Bashaw is predicted to secure the nomination

Newcastle Herald

Application lodged for 11-storey co-living apartment block

The project received concept approval last year.

Axios

Health insurers take on the affordability crisis — in housing

Insurers are investing hundreds of millions of dollars as government officials also test if housing can improve health.

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Evening Standard

How teens can overcome hurdles to the job market

Facing disadvantages or living with neurodiversity can make taking the next step harder. Julie Henry explores how teenagers with challenges are getting access to work experience, employment and education

Newcastle Herald

Mayfield in demand: properties spend fewer days on market, multiple $1m-plus sales

'We can't keep up with buyer numbers'.

The Guardian - UK

Esure refuses to cover my home after policy expired

I made a small claim for a subsidence problem and now it seems I can’t get insured by any company

Evening Standard

Sadiq Khan is an 'unashamed YIMBY', his housing deputy claims

Deputy mayor Tom Copley chastises ministers for their ‘lack of action’ during a ‘steep nationwide housing downturn’

AAP

'Reckless' move to block housing fix riles NSW premier

A move to stymie the blanket rezoning of land around transport hubs has been branded opposition "NIMBYism" by a premier in the midst of a housing crisis.

The Independent UK

Investigation launched after affordable housing building in $155m project burns to the ground

Pictures taken from the air later showed the large structure completely gutted and still smoking as fire crews remained on the scene

Reason

Federal Supervised Release Is a Wasteful Mess. A Bipartisan Bill in Congress Is Trying To Fix That.

The Safer Supervision Act would create an off-ramp for those with good behavior to petition to have their supervised release sentences terminated early.

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