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The Latest Breaking News on Real Estate

Central banks must resist pressure for early rate cuts, says IMF head

Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth

The Guardian - UK

UK house prices should return to growth in next year, Rics survey shows

Poll indicates prices stabilised in March as new property listings and buyer interest increased

The Guardian - UK

Sarasota Entrepreneur Dr. Gary Kompothecras: A Legacy Of Business Success And Community Support

Dr. Gary Kompothecras' commitment extends beyond the business world. He is a dedicated philanthropist who has championed autism awareness.

International Business Times

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Collection of GBWSSP charges illegal: Karnataka High Court

In a setback to the Bangalore Water Supply and Sewerage Board (BWSSB), the High Court of Karnataka has declared as illegal the Greater Bengaluru Water Supply and Sewerage Project (GBWSSP) charges and the Beneficiary Capital Contribution (BCC) charges collected from residents and the commercial ventures respectively in areas newly added…

The Hindu

National rents hit new record high of $630 a week

Rents have been growing strongly since the pandemic and found a new gear in the first quarter of 2024, piling more pressure on the stretched cohort.

AAP

Talk of interest rate cuts soon is optimistic – here’s why the RBA may decide doing nothing is safer

Australians are hurting from rate rises more than anyone. But that doesn’t mean the Reserve Bank is about to start cutting

The Guardian - AU

What are golden visas? Time running out for wealthy Brits to relocate to Spain

Time is running out for high-wealth Brits to jump ship for the Spanish sunshine

Evening Standard

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Downs House II inspires West Coast Modern campaign in Vancouver

Downs House II, currently on the market in Vancouver, inspires a West Coast Modern campaign to save the modernist landmark

Wallpaper

99% of Kushner cash from foreign sources

99% of his cash came from foreign sources. "I've never seen anything like it," says economic analyst Steve Rattner

Salon

‘Low skills blight lives’: Richard Parker on his mayoral ambitions

Labour’s West Midlands candidate says it’s time for a fresh start as he vows to create 150,000 new jobs

The Guardian - UK

What is Bengaluru’s new property tax system that aims to fix leakage and rationalise the system

Under the new system, properties are categorized into six clear and unambiguous categories which are residential (self use & tenanted), commercial, industrial, star hotels, exempted and fully vacant lands.

The Hindu

Morning Mail: voters back radical housing policies, ‘sports rorts’ documents revealed, total solar eclipse

Guardian Essential poll sends warning; millions gather in North America to catch glimpse of moon blocking out the sun

The Guardian - AU

Madras High Court quashes DTCP proceedings permitting high rise towers on location meant for clubhouse

Madras High Court quashes DTCP order allowing builder to construct high rise towers on clubhouse location.

The Hindu

Victorian Labor party members to stage revolt over public housing tower redevelopment

Exclusive: Rank and file group wants a doubling of social housing at the 44 tower sites and a guarantee all the land will stay in public hands

The Guardian - AU

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The Guardian - AU

Guardian Essential poll: voters back Coalition’s super for homes and Greens housing policy

Australians want wide-ranging reform of ‘failing’ housing system, poll finds, sending a warning shot to Labor and state governments to do more

Evening Standard

Sadiq Khan pledges 6,000 new rent-controlled homes for key workers — as calls for rent freeze continue

London Renters Union has called on the Mayor to keep pushing for city-wide rent controls

Golf Monthly

Scotty Cameron 2024 Phantom 9 Putter Review

Salon

Trump lawyers may have violated rules

Their failure to disclose a proposal from a billionaire financier may have violated ethics rules

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The Guardian - UK

IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages

Risk of declining consumption, house price falls and defaults as tighter policy finally has impact

AAP

First-home buyers defy affordability squeeze

Higher interest rates may be making it more expensive to service a loan but surging rents are prodding first-time home buyers into action.

AAP

Whistleblower speaks out about defence housing project

A whistleblower has accused Defence Housing Australia of breaching the conditions of a planning permit in an environmentally sensitive area, which it denies.

International Business Times

ECB Tipped To Pause One Last Time Before June Rate Cut

The Frankfurt-based institution has left its key rates unchanged since October 2023, following an unprecedented streak of hikes to tame red-hot inflation.

The Guardian - AU

The future of South East Queensland: how a new plan is supporting a fast-growing region

South East Queensland’s population is expected to grow by 2.2 million people by 2046. The state government, in consultation with communities, industry and other key stakeholders, has created a plan to respond to this growth.

The Guardian - UK

UK rent rises forecast to outpace wage growth for three years

Average 13% increase by 2027 will put millions of households under further pressure, says thinktank

The Guardian - AU

‘Scope for exploitation’: investors eye rooming house conversions amid Melbourne rental crisis

Explosion of interest has advocates worried about vulnerable residents and unregistered dwellings

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