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The Latest Breaking News on Real Estate

Massive Wallsend seniors living complex back on the table

The development includes 237 units and a childcare centre.

Newcastle Herald

Mayor Brandon Johnson establishes city’s first chief homelessness officer

The move comes a day before a public hearing before the City Council on the mayor’s proposal to raise the real estate transfer tax on high-end home sales to create dedicated funding to combat homelessness.

Chicago Sun-Times

More investment in social housing could save £1.5bn annually – study

A report led by researchers from University College London also calls for an end to right-to-buy in England for all future social housing.

The Independent UK

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read the most diverse news in one place.

Inflated rents, high interest rates and lack of supply create European housing crisis

Soaring costs across the EU are pricing out renters, deterring prospective buyers and preventing new homes from being built. As Europe’s housing crisis grows, so do homelessness rates across the bloc. What are the solutions to Europe’s housing crisis?

France 24

Florence bans new Airbnbs and other holiday lets to free up housing for locals

Airbnb listings in the Tuscan capital have reportedly soared by more than 140 per cent in seven years

Evening Standard

What Is a Living Trust?

A living trust lets you decide how your assets should be managed, both in your lifetime and after you're gone. Do you need one?

Kiplinger

Thank AOC for Trump's fraud case

Progressive firebrand's first big win: Exposing Trump's fraud so Letitia James could bring down his company

Salon

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Housing association apologises after delay in dealing with damp and mice

The ombudsman’s investigations have prompted a review by the A2Dominion Group of 5,000 past cases.

The Independent UK

Tax on empty homes and vacant land to free up housing

A little-known tax will be broadened to push Victorian landowners to build on or sell empty blocks as the government seeks to boost housing supply.

AAP

Lending to buy homes lifts as prices continue comeback

More investors and owner-occupiers took out new housing loans while dwelling approvals also improved a little in August.

AAP

Victoria to expand vacant residential land tax across state in bid to increase housing supply

The surprise announcement came on the first day of parliament since Jacinta Allan became premier

The Guardian - AU

China Evergrande soars after property developer's stocks resume trading

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

The Independent UK

RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

New RBA governor, Michele Bullock, warns Australia isn’t out of the inflation woods and further interest rate rises remain on the cards

The Guardian - AU

Key takeaways from the first day of Donald Trump’s civil fraud trial

Testimony in Manhattan court begins, with Donald Bender, longtime accountant for Trump, as the state’s first witness.

Al Jazeera

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news in one place.

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Zenger

Trump Faces Civil Fraud Trial As Legal Troubles Mount

Former President appears in court for business dealings as he campaigns for 2024 election

The Guardian - UK

Is HS2 destined for the rubbish heap or could its northern leg be saved?

Furious city mayors make a plea for the project north of Birmingham amid ugly scenes at Tory conference

Salon

Witness list spells trouble for Trump

"Both men would be able to recount any alleged wrongdoing from a firsthand perspective," attorney says

Zenger

U.S. Housing Boom Benefits Downsizers As Market Soars

Appreciation in property values creates windfall for homeowners looking to downsize, says Zillow economist.

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news in one place.

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The Guardian - US

As Trump’s presidential chances get better, his legal and financial woes get worse

Trump and his adult sons could lose business licenses and face up to $250m in penalties – even as he rises in the polls

StockNews.com

2 Top-Rated Retail REIT to Buy, and 1 to Watch

Amid the uncertain macroeconomic conditions, investing in REITs could help stabilize one’s portfolio through steady dividend income. Therefore, buying top-rated retail REIT Alexander’s (ALX) could be wise. On the other hand, investors could continue to watch retail REITs EPR Properties (EPR) and Saul Centers (BFS) for appropriate entry points. Read…

The Independent UK

Where are the homes? Glaring need for housing construction underlined by Century 21 CEO

The highest mortgage rates in more than two decades are keeping many prospective homebuyers out of the market and discouraging homeowners who locked in ultra-low rates from listing their home for sale

StockNews.com

3 Homebuilder Stocks Priced Under $50 to Buy Today

Despite turbulent market conditions and escalating interest rates, the long-term outlook for the housing market remains bright. Hence, it could be wise to scoop up the homebuilder stocks Five Point Holdings (FPH), Taylor Morrison Home Corporation (TMHC), and Sekisui House (SKHSY), trading under $50. Read more….

Evening Standard

London house prices fall over £20k on average as mortgage rates bite but full crash ‘unlikely’ say experts

House prices have fallen 3.8 per cent since interest rate hikes began, but demand for homes still outweighs supply

The Guardian - UK

Millions in poor housing in England suffer ill-health due to legal delays, says Shelter

Exclusive: Campaigners concerned that opposition from Tory MPs is delaying legal protections for renters

The Guardian - US

Letitia James: the fearless attorney general threatening Trump’s business

New York top prosecutor will take on her biggest case yet – a fraud trial that risks the foundation of Trump’s real estate holdings

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