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The Latest Breaking News on Real Estate

Australian property market may soon cool as rate hikes shrink borrowing capacity

Surge in population and faltering supply of new housing had held up Australia’s property market, but rising interest rates expected to cool prices

The Guardian - AU

The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

The Independent UK

Donald Trump’s lawyers ask judge to end civil fraud trial, seeking verdict in ex-president’s favor

Donald Trump’s lawyers are urging a judge to put an immediate end to the New York civil fraud trial that threatens his real estate empire

The Independent UK

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Judge Moves Forward With Trump Fraud Case With Cover From Facebook Fact Checker

An attorney accused the presiding Judge Arthur Engoron of undervaluing the Trump properties in current fraud case.

Zenger

How to check my council tax band in Scotland

Here is how council tax works in Scotland and how you can find your valuation band amid proposed second home reforms.

The National (Scotland)

Australia’s rental vacancy falls to record low as Sydney and Melbourne feel squeeze

Advocates push for limit on rent rises as PropTrack report finds vacancy rate slipped to 1.02% in October

The Guardian - AU

No-fault evictions hit seven-year high amid government delays to ban

Ban on no-fault evictions was missed out of King’s Speech

The Independent UK

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No-fault evictions in England ‘soaring out of control’, say campaigners

Ministry of Justice figures show use of section 21 notices has jumped 38% in a year as promised ban stalls

The Guardian - UK

‘Who’s she?’: Key moments from Ivanka Trump’s testimony

Unlike her father – who gave evidence two days earlier – Ivanka Trump’s remarks on the stand were not infused with fiery rhetoric, grandiose statements or back-chat to judge Arthur Engoron

The Independent UK

‘Action needed’ as no-fault eviction court proceedings hit seven-year high

Housing charities have repeated calls for a firm timetable on when Section 21 will be abolished.

The Independent UK

Developers call for government to make cities more welcoming to women and girls

Developers are speaking out a national planning policy meeting included just one gender-related question

Evening Standard

Property giants join campaign for Hunt to restore VAT-shopping

While the number of visitors from the Gulf to Bond Street, Regent’s Street and Oxford Street is up 1% compared with 2022 their spending is down 17%

Evening Standard

Mortgage arrears jump as homeowners and landlords feel pressure from rate hikes

Some 87,930 homeowner mortgages were in arrears in the third quarter of 2023, 7% more than the previous quarter, UK Finance said.

The Independent UK

New mortgage deal falls below 5% in ‘watershed moment’ for UK homeowners

Nationwide’s two-year fixed rate deal offered at 4.99% as lenders jostle for customers

The Guardian - UK

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Newcastle Herald

Developers circling Charlestown site owned by Central Leagues Club

The site collectively spans 1800 square metres.

Evening Standard

60,000 London renters could become homeless by 2030 if housing benefit stays frozen, analysis finds

The figure comes amid warnings that homelessness in London is already 'increasing unmanageable'

The Independent UK

House price decline may stabilise as end of year approaches

Royal Institution of Charted Surveyors’ latest findings suggest the overall pace of price declines has levelled off in recent weeks

The Independent UK

Katy Perry and Orlando Bloom’s Montecito house lawsuit reaches verdict

Man who sold singer the home later tried to back out of the deal, claiming he had been mentally incapacitated

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news in one place.

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The Independent UK

‘I don’t recall’: Key moments from Ivanka Trump’s testimony

Unlike her father – who gave evidence two days earlier – Ivanka Trump’s remarks on the stand were not infused with fiery rhetoric, grandiose statements or back-chat to judge Arthur Engoron

The Independent UK

Pace of house price falls ‘showing signs of steadying as end of year approaches’

The Royal Institution of Charted Surveyors said its latest findings suggest the overall pace of price declines has levelled-off in recent weeks.

Cinemablend

Bre Tiesi Admits It's Her Fault Her Michael B. Jordan Hookup Comment Went Viral After Airing, But Nick Cannon Is Supportive

As Bre Tiesi clears the air on her Michael B. Jordan comment, the father of her child, Nick Cannon, shared a supportive take.

Marie Claire

'Selling Sunset' Season 8: Everything We Know

Here's what we know about the next installment of the Netflix reality hit.

Salon

Trump floats 127 defense witnesses in NY

“There is no way,” attorney says, accusing Trump of playing “cat-and-mouse game” to derail NY AG’s preparations

Zenger

Trump Is Even More Rich Than When He Left The White House Despite Lawsuits

Former President Donald Trump‘s net worth is on the rise despite court appearances and political image.

The Independent UK

Santa Fe voters approve tax on mansions as housing prices soar

Voters have approved a tax on mansions to pay for affordable housing initiatives in the state capital city of Santa Fe

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