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The Latest Breaking News on Real Estate

Think Selling Your Home 'As Is' Means You'll Have No Worries? Think Again

There are significant risks and legal obligations involved in selling a home 'as is' and by yourself, without a real estate agent.

Kiplinger

Dodgers star Shohei Ohtani and agent sued over $240M luxury housing project

Baseball star Shohei Ohtani signed a record 10-year, $700-million contract with the Dodgers before last season

The Independent UK

Should You Buy a Second Home When You Retire?

Buying a second home in retirement, especially with sufficient savings, can enhance your lifestyle or serve as a smart investment. But it requires careful planning.

Kiplinger

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Average private rent in Great Britain falls for first time in five years

Lower mortgage rates have helped cool rental sector after years of above-inflation increases in rent, data shows

The Guardian - UK

Hopes RBA won't repeat shock rates hold as board meets

The "Trumpification" of the US Federal Reserve provides an unsettling backdrop to the Reserve Bank's August meeting, where it is expected to cut interest rates.

AAP

Experts convinced RBA will cut interest rates despite bank shrugging off similar peer pressure in July

Latest consumer figures support third rate cut for 2025, analysts say, but ultimate decision is up to the board

The Guardian - AU

My First $1 Million: General Manager in Construction/Home Services, 46, Indiana

Ever wonder how someone who's made a million dollars or more did it? Kiplinger's My First $1 Million series uncovers the answers.

Kiplinger

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Nine enters a cashed-up new era after selling Domain. What will Australia’s biggest media company do next?

Some analysts say it should diversify with an outdoor media acquisition. Others want it to invest in content for Stan and digitising its mastheads

The Guardian - AU

Four Labour cabinet ministers earn rental income, analysis finds

Housing campaigners say government look like hypocrites, with Rachel Reeves among those renting out properties

The Guardian - UK

Labour's eviction scandal beggars belief

IT is hard to find adequate words to express just how outrageous the scandal about Labour’s now former homelessness minister Rushanara Ali is. But…

The National (Scotland)

Vivian’s new Sydney apartment caps rent at 30% of her income. Is this the way to tackle Australia’s housing crisis?

Boronia Apartments have been purpose-built for people in need of discounted rent including low-income workers in care professions

The Guardian - AU

UK housebuilders in focus as construction woes cloud outlook

Experts said Persimmon was among the builders fighting issues ‘outside of its control’ in the wider property sector.

The Independent UK

Palmer claims $30 million fraud in bid to freeze funds

Businessman Clive Palmer's solicitor allegedly defrauded his companies of $30 million and invested some of the money in real estate, a judge has heard.

AAP

Rushanara Ali broke no laws or rules in tenancy row, minister says

Rushanara Ali resigned from Government following reports she raised rent on a property just weeks after the previous tenants left.

Evening Standard

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AAP

'Project-by-project' moves toward lofty housing target

Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.

The Guardian - AU

Sydney and Toronto had equivalent home prices, then Canada’s crashed. Could Australia see a similar slump?

Canadian property prices fell by C$150,000 over three years as Australia’s rose by about A$85,000

Evening Standard

Who is Rushanara Ali? The homelessness minister forced to quit over London rent scandal

The Labour MP is said to have hiked the rent on the home near the Olympic Village by £700-a-month shortly after telling four tenants they had to move out

The Guardian - UK

July yields fastest rate of UK house price rises this year, says lender

Cheaper mortgage rates and rising wages helped to push monthly growth to 0.4%, according to Halifax

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Evening Standard

Landlord who packed 18 people into east London house is fined £33,000

The house had been converted into 11 bedrooms and was being sub-divided into even more rooms when the landlord was finally prosecuted

The Independent UK

Interest rates cut to 4% as UK inflation picks up

The cut came after the Bank’s rate-setting committee was forced to take a second vote for the first time in its history.

The Guardian - UK

UK interest rate cut: what does it mean for mortgages and savings?

Base rate reduction to 4% will hit some savers, but people with tracker home loans will see immediate benefit

The Guardian - UK

UK homelessness minister resigns after tenant eviction claims

Rushanara Ali was accused of hypocrisy after claims she removed tenants before rent rise of almost £700 a month

Evening Standard

Homelessness minister faces criticism over hiking rent after removing tenants

Rushanara Ali’s east London property was re-listed with a £700 rent increase after tenants moved out at the end of their contract.

Evening Standard

London council loses High Court battle to stop affordable housing in Marylebone being redeveloped

Westminster City Council had sought an order to keep the flats as affordable housing

Evening Standard

Sadiq Khan claims London house-building success but critics say it's 'smoke and mirrors'

Critics have said that Sir Sadiq Khan is proud of meeting an eigth of his target

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