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The Latest Breaking News on Real Estate

Average London home drops £22k in value as interest rate crisis bites

The average London home has lost nearly £23,000 in value over the past year as the impact of far higher interest rates hit property prices.

Evening Standard

Kendra Wilkinson ‘rushed to hospital’ after panic attack

The reality star was rushed to the hospital on Wednesday

The Independent UK

Ken Paxton’s top deputy, the first impeachment witness, describes an attorney general out of control

Jeff Mateer testified that Paxton was so intent on helping Austin real estate investor Nate Paul that he worried the attorney general was being blackmailed.

The Texas Tribune

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Morning Mail: Sydney housing costs beat New York, ‘crumbly’ concrete checks, criminal complaint over World Cup kiss

Only five world cities are more expensive and crisis is hurting the economy, says thinktank

The Guardian - AU

Bank of England governor expects ‘quite marked’ fall in UK inflation

Pound falls as Andrew Bailey’s comments call into question need for further interest rate rise

The Guardian - UK

Only five cities worldwide are more unaffordable than Sydney for housing, thinktank says

Committee for Sydney urges residents to ‘become a yimby’ after finding housing crisis costs economy more than $10bn per year

The Guardian - AU

New York City’s crackdown on Airbnb and short-term rentals goes into effect

New regulations expected to affect tens of thousands of illegal short-term listings

The Guardian - US

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Paxton trial, Sept. 6: Witnesses claim AG was fixated on Nate Paul

On the second day of the impeachment trial, former officials in the attorney general’s office say Ken Paxton’s relationship with real estate investor Nate Paul raised alarms. Defense attorney accused the witnesses of “staging a coup.”

The Texas Tribune

Big Issue takes aim at PM with 'Rishi's Removals' van outside Westminster

THE Big Issue Group has launched a campaign aimed at ensuring millions of low income people living in rented accommodation can stay in their homes.

The National (Scotland)

Housing industry faces difficult months ahead amid weak demand, says Barratt

Housebuilder reports £705m profits but ‘mortgage affordability challenges’ affect purchases

The Guardian - UK

Sadiq Khan urges support for Help to Buy homeowners

The mayor said Help to Buy homeowners are ‘facing growing levels of economic insecurity’

Evening Standard

Howard de Walden hails post Covid recovery, but property portfolio value slips

The Howard de Walden Estate manages a portfolio of over 800 property interests

Evening Standard

Horoscope for Wednesday, September 6, 2023

There are no restrictions to shopping or important decisions. The moon is in Gemini.

Chicago Sun-Times

Battle over density: in Sydney’s east, a rash of developments are housing fewer, richer people

Relatively affordable apartment buildings are being demolished to make way for ‘ultra-luxurious’ homes amid state’s housing crisis

The Guardian - AU

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The Guardian - AU

Documents show how ex-NSW planning head was involved in fast-track rezoning for developer he later worked for

FoI documents show Michael Cassel was on first-name terms with Walker Corp CEO and pushed for meetings on his behalf

The Guardian - US

Impeachment trial of Texas attorney general Ken Paxton begins in Austin

Historic trial in state senate centers on allegedly corrupt relationship with real estate developer Nate Paul

The Guardian - US

Ontario government in turmoil after minister quits over land swap scandal

Premier says officials will review deals to sell protected lands after Steve Clark resigns amid Greenbelt land controversy

The Independent UK

Owner of collapsed Iowa building that killed 3 people files lawsuit blaming engineering company

The owner of an Iowa apartment building that collapsed in May has filed a lawsuit blaming an engineering company for not warning the building was structurally unsound and that residents should be evacuated

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The National (Scotland)

Humza Yousaf pledges tax reform to boost Scottish businesses

BUSINESSES have been promised a new “fair and affordable” rates scheme in Humza Yousaf’s pro-growth economic plans.

The Guardian - AU

The RBA’s interest rate-rising looks done – and a soft landing for the economy could be on

Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock

The National (Scotland)

What today's Programme for Government means for you: The key points

HUMZA Yousaf has unveiled his new Programme for Government, outlining the bills he hopes to introduce in the coming years.

The National (Scotland)

Short-term let campaigners stage Holyrood protest over licensing scheme

The Scottish Government has been accused of “demonising” the operators of short-term letted accommodation, with campaigners against new…

The Independent UK

Thailand's new government takes office as Cabinet members take oath in front of king

Thailand’s new government has officially taken office, almost four months after the country’s general election

The Guardian - UK

Almost 1m people across Europe are homeless on any given night

Report says homelessness is worsening across EU and UK, with only Denmark and Finland making progress

The Texas Tribune

Paxton trial, Sept. 5: Suspended AG pleads not guilty to all impeachment articles, leaves before afternoon proceedings

On the first day of the impeachment trial, senators rejected defense attorneys’ attempts to dismiss all 16 articles of impeachment. Lt. Gov. Dan Patrick also ruled that Ken Paxton couldn’t be forced to testify.

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