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The Latest Breaking News on Real Estate

Chennai’s office space absorption witnesses good momentum

Chennai office space absorption and residential sales show strong growth in Q1 2024, driven by various sectors.

The Hindu

The Guardian view on the Tories and rough sleepers: the 200-year-old Vagrancy Act must be axed

Editorial: New penalties for homeless people at a time of rising destitution would be the ugliest politics. The repealers must prevail

The Guardian - UK

Plans revealed for ten 'Tesco Towers' up to 13 storeys high in Harrow

Plans for 10 new towerblocks, dubbed Tesco Towers by critics, have been met with fierce opposition from some neighbours

Evening Standard

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3 Real Estate Stocks with Sky-High Profit Potential

The real estate services sector looks poised to grow due to the rising availability of housing inventory, slower price increases, active sellers, lower mortgage rates, and the start of the spring buying season. Given their solid profit potential, investors could consider buying fundamentally strong real estate stocks: CBRE Group (CBRE),…

StockNews.com

UK failure to build social homes ‘shocking’, says author of 2004 report

Kate Barker, speaking on anniversary of landmark review, says overcrowding and temporary accommodation even worse today

The Guardian - UK

Top 3 REITs Fueling Market Gains

Population growth and urbanization trends are fueling the need for retail properties. Moreover, the central bank’s anticipated interest rate cuts this year could amplify growth opportunities for REITs. To that end, quality REIT stocks Gaming and Leisure Properties (GLPI), Saul Centers (BFS), and Alexander's, Inc. (ALX) could be solid buys…

StockNews.com

Australian market bounces back after midweek dip

The ASX200 closed up 0.45 per following a slump on Wednesday that came after previous record highs, with industries boosted by the rising price of oil and gold.

AAP

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New Zealand's YIMBY Success—And How We Can Learn From it

New Zealand alleviated a severe housing shortage by liberalizing regulations that had previously blocked most new construction.

Reason

London mayoral election: What has Sadiq Khan done to tackle the housing crisis?

As the mayoral election approaches on May 2, the Standard continues its audit into Sadiq Khan’s record. Business Editor Jonathan Prynn examines housing

Evening Standard

Newcastle's first A-grade strata office development closer to completion

Businesses set to move into the building include Sherwood Coffee.

Newcastle Herald

Bondi listing: $1,250 a week for flat with construction noise and works spilling into living area

‘Oversized’ apartment is footsteps away from surf – but renters warned of noise from 7am to 5pm weekdays and 8am to 1pm Saturdays

The Guardian - AU

Brock got the news the day he asked for repairs – one of 30,000 NSW renters evicted without a reason each year

Some states have banned or restricted no-grounds evictions, but advocates say they continue to magnify the power imbalance in the rental market

The Guardian - AU

Despite Rising Latino Homeownership Rates, National House Affordability Issues Persist

The average income that Americans must make has sharply increased in the past four years. However, Latino homeownership rate remains at an all-time high.

Latin Times

4 Mortgage REITs Generating Solid Returns

Despite facing challenges from rising interest rates, a potential rate cut this year should provide a favorable outlook for the mortgage real estate sector. So, fundamentally solid mortgage REITs KKR Real Estate Finance (KREF), BrightSpire Capital (BRSP), Lument Finance (LFT), and Rithm Capital (RITM) might be ideal buys for solid…

StockNews.com

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The Hindu

Double taxation rampant on properties in Hyderabad

Hyderabad professional faces double property tax due to multiple PTIN generation, highlighting issues in GHMC's tax regime.

Top News

Kyle Richards And Mauricio Umansky Take Break From Couples Therapy

Kyle Richards and Mauricio Umansky take a break from couples therapy amidst ongoing marital issues. Despite separation, they focus on co-parenting.

Evening Standard

Average London house prices spring up 1.2% in March, reports Nationwide

The average price for a house in the capital is currently £519,505

Evening Standard

London house prices pull ahead in reversal of ‘race for space’

London now has the fastest rising property prices in the south of England

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AAP

Rate hike talk ditched as RBA keeps options wide open

Minutes from the last Reserve Bank of Australia board meeting suggest everything is going according to plan - for now.

Newcastle Herald

Hunter group launches to put politicians under pressure

'This is about a fair go for the Hunter.'

The Hindu

HC grants breather to police officer-turned-realtor in Telangana

Telangana High Court directs Hyderabad police not to take coercive steps against former officer in land grabbing case.

Radio France Internationale

France's winter housing 'truce' ends, advocates warn of record evictions

Housing advocates in France are sounding the alarm over what they say is a worrying increase in the number of people who could end up kicked out of their housing as the yearly winter eviction moratorium comes to an end. People who are unable to pay rent are once facing…

The Guardian - AU

Australian house prices hit record high for fifth consecutive month

CoreLogic data shows prices rose 0.6% in March while separate index from PropTrack produces similar results

The Guardian - UK

‘Life-critical’ cladding problems affect 2,000 social housing blocks in England

Flammable material found in more than one in 10 blocks over 11 metres tall, and action is urged on smaller buildings, government figures show

The Guardian - UK

Tenants are trapped in a collapsing housing system

Letters: Social housing tenants are suffering just as much as those in the private rented sector, writes Suzanne Muna. Plus letters from Derrick Joad, Rosemary Walker and Bob Colenutt

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