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The Latest Breaking News on Real Estate

Sydney’s first dedicated affordable housing for transgender women to be built in Darlinghurst

Exclusive: City of Sydney-owned properties to be sold at ‘significant discount’ under council’s excess land program to enable project

The Guardian - AU

Bank of England votes 8 to 1 to leave rates on hold at 16-year high of 5.25%

City markets are now pricing in a rate cut in June

Evening Standard

Coalition looks to expand super for housing policy to include mortgage offset, Andrew Bragg says

Shadow home ownership spokesman dismisses claims policy would inflate house prices as ‘rubbish’, and says opposition will consider how to ‘coerce’ development

The Guardian - AU

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Bank Of England To Hold Rate Despite Slowing Inflation

The Bank of England is widely expected to keep its main interest rate at a 16-year high Thursday, rejecting a cut as inflation remains well above target despite recent slowing.

International Business Times

Morning Mail: the ‘impossible’ housing dream, gas supply warning, oil bosses scorn renewables ‘fantasy’

Data shows affordable housing is a thing of the past in Australia’s eastern capitals; states could face gas shortages as production switches to exports

The Guardian - AU

Denser suburbs leads to better housing affordability

Housing affordability could be worse without the reduction of land sizes across Australian capital cities, new research shows.

AAP

Trump "panic mode" over Chubb rejection

Trump “increasingly concerned about the optics" Monday's fraud bond deadline will create, CNN reports

Salon

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4 Home Improvement Stocks for Sustainable Growth

The home improvement industry promises long-term growth due to rising home starts, growing disposable incomes, falling mortgage rates, and increasing interest in remodeling projects. Given their solid growth prospects, investors could consider buying fundamentally strong home improvement stocks: Mohawk Industries (MHK), Lifetime Brands (LCUT), Alarm.com (ALRM), and Hamilton Beach Brands…

StockNews.com

NSW failed to monitor offsets while endangered ecosystems were cleared for western Sydney homes

Environment department spokesperson says offset program for the area has continued despite failure to file reports for three years

The Guardian - AU

How Quitclaim Deeds Can Cause Estate Planning Catastrophes

A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child.

Kiplinger

Interview: 'The Future Looks Bright' as Latinos See Largest Increase in Homeownership During 2023

NAHREP argues that Hispanics disproportionately drive homeownership growth

Latin Times

Jains Westminster evacuation | Madras High Court constitutes committee to find rental accommodation for flat owners

Madras High Court forms committee to evacuate unsafe flat owners in Chennai, ensuring temporary rental accommodation.

The Hindu

Rate peak to buoy confidence and possibly home prices

Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.

AAP

RBA’s Michele Bullock sticks to narrow path as she plots course to a soft landing

The central bank’s governor warned Australians will get sick of her repeating that she won’t rule anything in or out as she tries to tame inflation

The Guardian - AU

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Golf Monthly

Ping i530 Iron Review

Joe Ferguson takes the new Ping i530 iron out on the course to see how it stacks up versus the competition

The Guardian - UK

The end of landlords: the surprisingly simple solution to the UK housing crisis

Mass-scale housebuilding isn’t necessary – there is already enough housing stock. But we need to learn the wisdom of the last century when it comes to landlordism

Kiplinger

Read This Before You Sign a Letter of Intent

An older couple received a letter of intent, or LOI, about land a solar company wanted to lease, but it exhibited some valuable-to-know red flags.

WEKU

Rents are high and housing vouchers are hard to get. So Philly is giving renters cash

The pilot program chose people on the city's long waitlist for housing vouchers to test how much direct cash payments can help. HUD, the federal housing agency, is interested in the possibility.

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news in one place.

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The Guardian - AU

Afternoon Update: interest rates hold steady; Rowland defends ABC independence; and how the democracy sausage is made

RBA keeps cash rate at 4.35% but Michele Bullock says she is still ‘worried about inflation’ and will not rule out further rises

The Guardian - AU

RBA holds interest rate but Michele Bullock warns war on inflation ‘isn’t yet won’

Governor says Australia is ‘making progress’ but too early to say when Reserve Bank will end tightening

Newcastle Herald

Developers eye church site in New Lambton listed with $2 million-plus guide

The property spans 1,763 square metres across three lots.

Evening Standard

Keir Starmer shies away from some of Sadiq Khan's key policies but backs mayor for a third term

The Labour leader refused to explicitly endorse the mayor’s Ulez expansion, and suggested that he would not allow rent controls in London

Newcastle Herald

$13.5m affordable housing plan floated for bustling Brunker Road

The building would house 25 units.

Bored Panda

Eight-Year-Old Australian Girl Shatters Records By Buying $440k Home

Instead of buying toys, Ruby McLellan’s father encouraged her to allocate her pocket money towards a pricier investment. The post Eight-Year-Old Australian Girl Shatters Records By Buying $440k Home first appeared on Bored Panda.

The Guardian - AU

Reserve Bank tipped to hold interest rate but economists split on when cuts will start

Pundits and investors expect the RBA to leave its cash rate unchanged at 4.35% when the board meets on Tuesday

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