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The Latest Breaking News on Real Estate

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.

AAP

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

The Independent UK

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China Communist Party policy meeting expected to endorse leader Xi's high-tech vision for economy

China's ruling Communist Party will wrap up a top-level meeting on Thursday that is expected to endorse policies aimed at building the country's technological power and fortifying its national security

The Independent UK

Philippine politician who praised natural gas takes heat for business dealings after AP reporting

An influential Philippine governor is the subject of controversy following an Associated Press investigation into his links to the expanding natural gas industry in his province

The Independent UK

Graduate constructs a new path for life after 12 years of service

'It's like ticking a box to have a new life.'

Newcastle Herald

‘People think they’ll smell but they don’t’: building homes from mushroom waste and weeds

A sustainable project aims to repurpose encroacher bush to create building blocks to solve Namibia’s housing crisis

The Guardian - UK

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The cities where homeowners are most likely to have seen their property value rise or fall

Towns and cities in northern England are particularly likely to have experienced house price gains

The Independent UK

Miami real estate titan dies by suicide during FBI investigation into murder-for-hire scheme to kill wife

Sergio Pino, 67, was accused of poisoning estranged wife Tatiana Pino with fentanyl but not charged with any crime before his death

The Independent UK

The sordid end of Sergio Pino, the Cuban immigrant and top Latino developer who died after his wife accused him of attempted murder

The FBI was preparing to enter the home of the Cuban American businessman when they heard shots coming from inside. They found him dead by alleged suicide

Latin Times

Developers welcome Labour’s intention to liberalise planning regime

Compulsory housing targets revived to spur building of 1.5m homes over five years in England and Wales

The Guardian - UK

When social housing policy leaves children bereaved and homeless

Letters: Readers respond to an article that lays bare how relatives can find themselves evicted after a death in the family

The Guardian - UK

London house prices up 0.2% on average in May — can you guess which borough saw a 5% boost?

One London borough saw home values boosted by over £27,000, but Prime Central London continues to see house prices tumble

Evening Standard

Melbourne public housing towers demolition to go ahead despite residents’ class action

Exclusive: Lawyer says move by state government shows residents being treated ‘as an afterthought’

The Guardian - AU

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USA Today Sports Media Group

2024 British Open merchandise shop: Postage stamps, Claret Jugs and ‘Quiet Please’ among gear that overwhelm the senses

Here's the best gear at Royal Troon.

Evening Standard

Lambeth Council plan to send homeless to Dover and Luton to lower hotel spend

Homeless South London families could be sent to Dover and Luton under a council’s plan to reduce its spend on hotels.

Kiplinger

New Biden Plan Targets Landlord Rent Increases

A proposal to make housing more affordable would involve rent control caps and significant tax changes.

The Independent UK

Reforms aim to tackle ‘injustices’ in leasehold system

The Government said it aims to act quickly to provide homeowners with greater rights, powers and protections over their homes.

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Kiplinger

Unrealized Gains Should Not Be Taxed

Instead of taxing unrealized gains, the government really ought to rein in its spending.

Autosport

Supercars champion Courtney to retire from series after 2025 campaign

One-time Supercars champion James Courtney has announced that next year will be his swansong as a full-time driver in the tin-top series.

The Guardian - UK

Starmer warns ‘no quick fix’ for UK as he faces pressure over child poverty and benefits – as it happened

PM announces taskforce to deal with child poverty, but refuses to commit to scrapping the two-child benefit cap

The Guardian - UK

Housing plans likely to meet opposition from Labour MPs, says government

Officials say consultation to take place in weeks and new mandatory targets expected to be in place by autumn

Newcastle Herald

Three neighbouring homes chase $5 million pay day in Kotara TOD area

A concept plan shows the site could house around 68 apartments.

Evening Standard

Sadiq Khan approves 300 new homes on green belt land

Allowing the homes to go ahead is a rare example of the mayor approving new construction on the green belt

Evening Standard

£100 million down: Why are billionaire buyers snubbing London's mega-mansions for Dubai?

There has been a 12 per cent drop in the value of ultra-prime property deals in the capital this year, reports Beauchamp Estates

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