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The Latest Breaking News on Real Estate

Barcelona plans to shut all holiday apartments by 2028 to cut housing costs

Barcelona will scrap the licences of the 10,101 apartments currently approved as short-term lets

Evening Standard

Barcelona to ban apartment rentals to tourists in bid to cut housing costs

Spanish city is one of Europe’s top destinations but its popularity has made housing increasingly unaffordable for residents

The Guardian - AU

Barcelona reveals plans to scrap holiday rentals by 2028

Over 10,000 apartment owners will be banned from renting to tourists from 2028 under the city’s new plans

The Independent UK

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Stock Market Today: Another Down Day for Nvidia Drags on Stocks

The mega-cap chipmaker shed more than 4% this week, creating headwinds for the S&P 500 and Nasdaq.

Kiplinger

US Existing Home Sales Fall As Prices Hit Record

Existing home sales in the United States edged lower in May as prices reached a record high on continued tight inventory, according to industry data published on Friday.

International Business Times

Threatening ‘arson’ stickers appear in Lake District second home protest

Stickers depicting a house going up in flames have been posted near Lake Windermere

The Independent UK

Hermitage Mews is a net-zero family of homes in London’s Crystal Palace

Hermitage Mews by Gbolade Design Studio is a sustainable residential complex in south London's Crystal Palace, conceived to be green and contextual

Wallpaper

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Promising Investable Areas in Commercial Real Estate

Bright spots still exist in CRE, including data centers and multifamily properties.

Kiplinger

Kensington Palace Gardens reopens to cyclists after safety measures installed

Britain’s most expensive residential street was shut over speeding cyclists

Evening Standard

It's still possible to buy a solid family home for £600k without heading to Zone 6 — here are 10 of the best

Skip over the second-stepper flat and instead size up and enjoy more space with one of these appealing family homes

Evening Standard

Gold bars and Sen. Bob Menendez's curiosity about their price takes central role at bribery trial

Prosecutors have shown jurors at Sen. Bob Menendez's trial multiple instances when he researched the value of gold as he tried to help a New Jersey businessman who authorities say bribed him with gold and cash

The Independent UK

Plucking numbers from the air: Victoria’s big build for housing relies on impossible targets

The Victorian government this week gave the state’s local councils a gargantuan task: solve the housing crisis by accelerating new housing.

The Conversation

Stock Market Today: S&P 500, Nasdaq End Lower as Nvidia Sinks

The Dow Jones Industrial Average, on the other hand, closed higher thanks to strength in Salesforce.

Kiplinger

Scottish Government housing crisis plan 'fatally undermined' by cuts, experts warn

A COALITION of leading housing and anti-poverty organisations have accused the Scottish Government of “proceeding with business as usual” amid a…

The National (Scotland)

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news in one place.

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Evening Standard

Bank of England leaves interest rates on hold at 5.25%

Monetary Policy Committee decision means that there is no chance of a cut in borrowing costs before August

The Independent UK

No fall in interest rates despite inflation hitting 2% target, Bank of England announces

No relief for borrowers as Bank of England base rate to remain at 5.25 per cent at least until August

The Independent UK

Build 90,000 social homes a year to stop homelessness ‘cliff edge’, over 50 charities write

Exclusive: Major parties urged to make ending homelessness a priority in the next government

The Conversation

No-cause evictions have the potential to hurt renters – with little gain for good landlords

Housing security for New Zealand’s 1.7 million renters could be threatened if the Residential Tenancies Amendment Bill becomes law.

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The Guardian - UK

Labour under pressure to be more radical about reforming private renting

Campaigners fear current plans will allow landlords to find new ways to evict tenants if party wins power

Kiplinger

What is Private Mortgage Insurance and How Does It Impact Buying a Home?

It's been hard to avoid private mortgage insurance in an era of rising home prices and higher mortgage rates.

Latin Times

One in four Latino households in Houston earned enough to buy a median-priced home in 2023

According to the Houston Association of Realtors, Latinos rank dead last among all ethnic groups, followed closely by Blacks

AAP

Australian house prices expected to spike again

Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.

StockNews.com

3 Diversified REITs to Boost Your Portfolio Returns

With offerings like a stable income stream, risk mitigation, and potential for capital appreciation, investing in diversified REITs can appeal to different types of investors. Thus, it could be wise to invest in top diversified REITs Lamar Advertising (LAMR), Daito Trust Construction (DIFTY), and Ladder Capital (LADR) to boost your…

International Business Times

US Billionaire Eyes TikTok Takeover To Save Internet From Big Tech

Frank McCourt, a US real estate billionaire, aims to buy TikTok to rescue the internet from the clutches of major platforms that he firmly believes are destroying society and endangering children.

Evening Standard

Average London house prices down 4% annually in April — could cheaper mortgages be ahead?

The house price figures were released as data showed that inflation slowed to 2% in May.

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