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The Latest Breaking News on Real Estate

Chinese Property Giant Evergrande Fined $576 Mn For 'Fraud'

Evergrande was once China's biggest real estate firm, a powerhouse in a sector that helped propel the country's rapid economic growth during recent decades.

International Business Times

Coast or countryside? 15 appealing family homes for sale in commuter hotspots — all £500k or less

If you have around half a million to spend, these character homes offer new horizons in a crop of commuter hotspots

Evening Standard

Nationwide sees higher wages give a small Spring boost to property market

Prices rose at a higher annual rate of 1.3% in May says lender

Evening Standard

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Fast track for applications in race to build new homes

Planning approvals for social and affordable housing will be prioritised as NSW struggles towards meeting its nationally agreed home-building goal.

AAP

Housing tower residents given more time to reframe case

A Supreme Court judge has given public housing residents another month to reformulate their case against the Victorian government.

AAP

WeWork eliminates $4bn in debt after judge approves bankruptcy plan

Days after co-founder dropped buying bid, the company claims it is set for ‘sustainable, profitable growth’ and to re-emerge next month

The Guardian - US

Strategic Asset Allocation: Building Wealth With Precision

Certain mindsets are beneficial as you work toward creating wealth that allows the lifestyle you envision.

Kiplinger

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Mortgage crisis deepens as one in four face missing payments this year

An estimated 1.6 million households face spiralling debts as they are hit by huge hikes in interest rates

The Independent UK

Graceland Targeted for Deed Theft by Cons Disguised as Lenders

A fraudulent foreclosure of Graceland was attempted using forged loan documents.

Kiplinger

London homes for sale rebounds — so how much is the total value of housing for sale in the capital?

Zoopla reports that the total value of homes for sale in the capital is up 30 per cent in a year

Evening Standard

Selling Sunset star Chrishell Stause joins Neighbours cast

Actor and real estate agent is going back to her soap opera roots

The Independent UK

Sanction threat for slow councils in NSW housing push

NSW councils have been promised more infrastructure funding for exceeding housing targets, but they could also face sanctions for poor performance.

AAP

‘No fault’ evictions in London surge 52% in a year as Sadiq Khan slams failure to ban them as 'huge betrayal'

The Government had promised to ban no fault evictions before the next general election

Evening Standard

Building approvals muted and to stay subdued all year

Home building remains in the slow lane but the level of activity has likely stabilised as interest rates stay on hold.

AAP

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The Guardian - AU

Migration has been blamed for the housing crisis, but it’s not that simple

Cutting permanent migration and capping student numbers won’t help much – but experts say it could hurt a whole lot

Marie Claire

Buying London fans are just realising that one agent was married to Rachel Stevens

This is blowing our minds

Woman & Home

Buying London on Netflix: Is it real and is it scripted?

You might be wondering if Netflix's Buying London is real as speculation about the authenticity of certain plotlines continues to circulate

Evening Standard

Comment: 'Housing policy is for life, not just a general election'

General election gaffes already and Gove’s gone. Can we hold out much hope for sensible housing policies in the manifestos?

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The Independent UK

IMF upgrades its forecast for China's economy, but says reforms are needed to support growth

The International Monetary Fund has upgraded its forecast for China's economy, while warning that reforms are needed to sustain growth

Newcastle Herald

Councillors demand work stop on controversial housing development

Councillors say the project disregards likely community impacts.

Newcastle Herald

At least 350 trees wiped to make way for Mount Hutton housing estate

Lake Macquarie council approved the development this week.

Newcastle Herald

The fringe suburbs tipped to boom with planned overhaul of Broadmeadow

The Broadmeadow Place Strategy includes up to 20,000 new homes.

International Business Times

IMF Lifts China Growth Forecast But Warns On Industrial Policy

The International Monetary Fund on Wednesday raised its yearly growth forecast for China, but warned that Beijing's industrial policy risks a "misallocation" of resources and could harm trade.

The Independent UK

Hawaii governor signs housing legislation aimed at helping local residents stay in islands

Hawaii Gov. Josh Green has signed legislation meant to jumpstart the construction of more dwellings to address an acute housing shortage that is pushing residents to move to states where the cost of living is less

The Independent UK

Home Alone star reveals he racked up huge bar bill on Donald Trump’s tab during filming

Daniel Stern played the hapless criminal Marv in ‘Home Alone’ and ‘Home Alone 2: Lost in New York’

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