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The Latest Breaking News on Real Estate

Leading London property chiefs see revival in office investment

Derwent London and Savills chiefs expect to see activity return by the year end

Evening Standard

31% annual jump in homeowner repossessions in second quarter of 2024

While many households remain under pressure, the challenges of higher rates and the cost-of-living have started to ease, UK Finance said.

The Independent UK

Persimmon ups housebuilding forecast amid optimism over Labour plans

Builder also says outlook for house sales improving as consumer confidence returns after interest rate cut

The Guardian - UK

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Windfall for sellers of Belmont coastal renovation documented on Instagram

The owners tripled the price of the property.

Newcastle Herald

Australia needs permanent supportive housing to end homelessness – and it will pay for itself

Australia needs to provide permanent supportive housing for many reasons. The most compelling reason is simple: it permanently ends homelessness for our most marginalised citizens.

The Conversation

Hundreds of new homes slated for Williamtown PFAS contamination zone

New housing earmarked for Williamtown Red Zone at Fullerton Cove.

Newcastle Herald

3 High-Potential REITs for Real Estate Investors

REITs provide investors with the advantages of real estate ownership without the burden of managing properties. It could be wise to explore investments in robust REITs such as American Tower Corp (AMT), Simon Property Group (SPG), and Gaming and Leisure Properties (GLPI) for real estate investors. Keep reading….

StockNews.com

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A Reserve Bank cut is on the cards by the end of the year – but the property price nightmare is set to worsen

It is essentially impossible to repay a home loan if you are an average household

The Guardian - AU

How we buy in London now: Londoners at three price points share their journey on the property ladder

Each property sale has its own story. From terrifying pitfalls to magical endings, three sets of London buyers share their experiences

Evening Standard

UK house prices ‘to rise through rest of year’ after jump in July

Halifax says average property price in July was £291,268 as lower mortgage rates expected to lead growth

The Guardian - UK

Average UK house prices rise more than expected

Annual growth rose to 2.3%, the highest rate since the start of this year

The Independent UK

60 Bad Real Estate Agent Experiences That Got Shared Online

Admittedly, not everyone is cut out to be a realtor. The post 60 Bad Real Estate Agent Experiences That Got Shared Online first appeared on Bored Panda.

Bored Panda

UK recovery ‘will accelerate and force Bank to keep interest rates higher for longer’

Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year

The Guardian - UK

Where To Get the Most and Least Space as a Renter

In Wichita, Kansas, your $1,500 monthly rent unlocks the door to a spacious 1,400-square-foot apartment. In Manhattan, New York, it barely buys you a 200-square-foot micro-unit.

Kiplinger

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AAP

Rising cost of living hammers renters and mortgage belt

Higher rents are weighing heavily on Australians receiving government support payments as all households experience rising living costs.

Evening Standard

'London has become unaffordable' — which postcode has seen rents rise 55%?

A five-year view of London rental figures has revealed the stark reality for the capital’s renters.

The Independent UK

In many regions, it's time to start turning some of the garden over to fall vegetables

In many regions, it’s time to start turning some of the garden over to fall vegetables

The Guardian - UK

UK construction sector grows at fastest pace in more than two years

Strong expansion in July amid optimism that Labour’s shake-up of planning laws will increase activity

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news in one place.

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The Independent UK

Australian state orders public servants to stop remote working after a newspaper campaign against it

Public employees in Australia's most populous state have been told to end remote working in a directive from the premier of New South Wales as he seeks to reverse work-from-home habits established during the pandemic

The Guardian - AU

Philip Ruddock accuses property developers of backing campaign to oust him as Hornsby mayor

Former Howard government minister will lose mayorship after being beaten by Warren Waddell in preselection ballot

The Conversation

Can Australia end homelessness? Yes, we know how, but we must find the will to do it

The ongoing homelessness crisis in Australia is a complex social problem with multiple causes. Such problems are very difficult to resolve. There’s no simple solution – no “silver bullet”.

StockNews.com

3 REITs to Buy for Passive Income

Given the consistent and dependable source of income through dividends that REITs provide, they are appealing to investors who prioritize income. Therefore, it could be wise to explore investments in robust REITs, such as American Tower Corp (AMT), Lamar Advertising (LAMR), and Gaming and Leisure Properties (GLPI), for passive income.…

AAP

Rent-seekers targeted in background-check fee ban

Prospective tenants are pressured to pay for checks on legally dubious databases as technology is installed between tenants and owners in a bid for profits.

AAP

RBA governor warns rate cuts not on near-term agenda

The Reserve Bank of Australia has kept interest rates steady and tempered expectations of imminent cuts, warning inflation remains "too high".

The Guardian - AU

NSW moves to outlaw asking tenants to pay for their own background checks on renter ‘blacklists’

Minns government announces reforms to end practice of rental property platforms soliciting payments from applicants

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Persimmon

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SP Global Market Intelligence

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Niesr

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The Reserve Bank of Australia

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