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The Latest Breaking News on Real Estate

Dodgy builder 'nightmares' spark protections shake-up

Victims of dodgy builders have been promised easier access to a state-operated insurance scheme to fix shoddy work under a consumer law shake-up.

AAP

RBA minutes suggest another interest rate cut isn’t imminent with board expressing ‘caution’

Reserve Bank board members say February cut does ‘not commit them to further reductions in the cash rate target at subsequent meetings’

The Guardian - AU

Why Asian logistics operators are leasing more US warehouses

Logistics operators based in Asia have been leasing more warehouses in the U.S. in response to changes in e-commerce, global trade and manufacturing

The Independent UK

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Midwestern cities fear fallout of Trump revoking Haitian residents’ status

Looming end of TPS could wreak havoc in Ohio urban areas revitalised by immigrants from the Caribbean country

The Guardian - US

What’s rental fraud and what are the signs?

As demand for properties soars, so does the risk of falling victim to rental fraud.

The Independent UK

New leasehold flats to be banned – what will it mean for home buyers?

The move promises to dismantle a system long criticised for its archaic practices

The Independent UK

Centuries-old leasehold system to be abolished in England and Wales

Exclusive: Housing minister says overhaul of feudal-era system would take place before end of this parliament

The Guardian - UK

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Rental fraud warning issued to young adults preparing to move home this spring

Home Office ministers are urging people to avoid being rushed into a quick decision or handing over cash without viewing a property first.

The Independent UK

Tenant hopes for change in law after losing tribunal case

A TENANT who took his landlord to a tribunal after being kicked out of his flat is hoping his case will lead to an improvement in tenants’ rights…

The National (Scotland)

‘There’s no way I can pay’: London residents despair of steep costs and forced use of ‘poor door’

‘Affordable housing’ home owners complain of paying high charges for facilities mainly used by better-off residents

The Guardian - UK

Residents trapped with service charges of up to £8,000 a year threaten legal action against government

Owners of homes marketed by housing associations as ‘affordable’ are planning a challenge as service costs spiral

The Guardian - UK

‘It’s packed with dealers. Look around you’: life amid the cocaine cartels of the French Riviera

Nice may be at the heart of France’s upmarket Mediterranean coast, but violent drug gangs making €1.5m a month are colonising part of it

The Guardian - UK

The moment I knew: I was snot-crying through a Disney film when he placed his head on my shoulder

Watching a kids’ movie about self-acceptance reduced Will Hopkins to a blubbering mess. But Herschel’s reaction made him feel safe and free from judgment

The Guardian - AU

Listed: Three Homes for Retiring in Portland, Maine

Three real estate listings in Portland, Maine.

Kiplinger

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The Independent UK

Trump administration to slash funding for enforcement of fair housing laws

The Associated Press obtained information that says President Donald Trump’s administration has begun terminating federal grants to organizations that enforce the federal Fair Housing Act's anti-discrimination laws

The Guardian - AU

When politicians resort to personal jabs and point-scoring, Australians stop listening

Negative campaigning such as attacks on politicians’ wealth can feel tone-deaf when people are grappling with financial hardship

The Guardian - UK

Bank of England must proceed with caution over future rate cuts, says deputy governor

Dave Ramsden said a gradual and careful approach was needed to balance inflation risks and interest rate cuts

The Guardian - UK

UK house prices rise for sixth straight month despite ‘affordability challenges’

Average price of property increased by 0.4% to £270,493 in February, Nationwide says

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The Independent UK

Sixth month-on-month house price rise in a row recorded by index

Nationwide Building Society predicted a house sales jump in March, followed by a period of weakness following stamp duty changes.

AAP

Regional shake up to accommodate population boom

Regional centres are set to expand to cope with a looming population boom, with a development focus on areas beyond at least one of the nation's largest cities.

The Conversation

Shuttered car factories in Australia could be repurposed to make houses faster and cheaper

Australia is in the grip of a severe housing shortage. Many people are finding it extremely difficult to find a place to live in the face of rising rents and property price surges. Homelessness is rising sharply. Tent cities are becoming more common.

The Guardian - UK

Calls for Labour peer to be investigated over cash-for-access claims

Campaigners raise concerns about Lord Evans of Watford’s conduct, while leader of Lords says he should ‘not be a member’ if rules were broken

The Independent UK

Pending US home sales slide to all-time low in January on rates, prices, maybe weather

Pending home sales in the United States slid to an all-time low in January as high mortgage rates, record-high home prices, and possibly the terrible weather last month hindered those seeking to buy

Evening Standard

Derwent sees strong demand for office space in "pretty busy" central London

Growth in rental values doubled to 4.3%, the highest since 2016

The Guardian - AU

Affluent suburbs targeted in Victorian government move to seize planning controls to build more homes

South Yarra and Windsor among 25 new ‘activity centres’ identified by Labor for higher-density housing

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