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The Latest Breaking News on Real Estate

Queensland government tells landlords to name their price for homes about to lose rental subsidies

Homes bought by state after exiting National Rental Affordability Scheme will become social or affordable housing

The Guardian - AU

Donald Trump returns to his New York fraud trial after two gag orders

The former president lashes out in the courthouse and online as he hears more testimony against him

The Independent UK

Trump returns to his civil fraud trial, hears an employee and an appraiser testify against him

Former President Donald Trump has returned to the New York civil fraud trial that imperils his real estate empire

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Social, affordable housing plan for Honeysuckle waterfront site

The NSW government has changed course on a key redevelopment project.

Newcastle Herald

Ban on no-fault evictions in England unlikely this year

Government ‘fast running out of time’ to pass bill reforming rental market, a cross-party open letter argues

The Guardian - UK

News Corp should spin off $7bn digital real estate assets, says activist investor

Rupert Murdoch empire could secure windfall by breaking up business, says Starboard Value

The Guardian - UK

3 Diversified REIT Gems to Explore

With solid economic data reigniting interest rate fears, economic uncertainty, and rising geopolitical instability due to the Israel-Hamas war, the stock market could witness wild swings. Amid an uncertain market backdrop, quality diversified REITs CoreCivic (CXW), Ladder Capital (LADR), and Whitestone REIT (WSR) could be ideal buys for a steady…

StockNews.com

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Bellway to slash number of homes built in 2024 and average selling price falls

London sales hold up better after the FTSE 250 firm concentrates on the outer zones

Evening Standard

Big backyards could hold key to solve housing crisis

The humble granny flat could help deliver much-needed housing supply as shortages continue to push rents skyward.

AAP

TV tonight: an enraging investigation into Britain’s housing crisis

This two-part documentary examines why the UK is one of the worst places in the world to buy a home. Plus, The Real Crown reaches the fateful year of 1997. Here’s what to watch tonight

The Guardian - UK

'Low tolerance' for slower return to target: RBA

Australia could be galloping towards a Melbourne Cup interest rate rise if progress on inflation proves too slow and the labour market too resilient.

AAP

Revealed: the five London postcodes where rents are rising fastest — with a third or more added to the price

Tenants are paying more than £500 extra every month for a typical room in a shared house in one district in the capital, while another has leapfrogged more than 40 others in the price table

Evening Standard

Social housing complaints probed by ombudsman hit record high

Property condition remained the leading category as to why complaints were being made, followed by complaints handling, and health and safety.

The Independent UK

4 affordable housing strategies that are working in Canada

Cities like Vienna or Singapore are often referenced in news headlines proposing solutions for Canada’s housing crisis. But the arguments in favour of the strategies employed by these far-away cities often only skim the surface and can be easily dismissed with a response of “this will never work here.”

The Conversation

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Salon

Expert: Trump lawyers' stunts risk jail

Trump’s attorneys “engaging in stunts, games, and frivolous tactics in violation of New York State ethics rules"

Newcastle Herald

'Thousands of jobs': $225m plan for Mayfield logistics hub a step closer

The company owns several Hunter sites already.

The Guardian - AU

Granny flats are an untapped resource to relieve Australia’s housing crisis, report says

Research identifies 655,000 suitable homes, including 17.6% of all metro properties in Sydney and 13.2% in Melbourne

Chicago Sun-Times

Rent prices dip slightly in Chicago metro area, report finds

The median monthly rental price for the Chicago area stands at $2,389, a decrease of about 2% from September 2022, when that figure reached $2,437, according to a newly released report.

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news in one place.

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Evening Standard

Weakest October for asking price increases since 2008

Across Britain, average new seller asking prices rose by 0.5%, but the long-term average increase for the month of October is 1.4%, Rightmove said.

Evening Standard

London rental crisis: £1,000pcm room rents now the norm in growing number of postcodes

Exclusive data shows the continued creep of the four-figure housing payment for tenants in the capital’s shared homes, while no neighbourhoods remain with typical costs below £750

The Guardian - UK

Efforts to avoid ‘Grenfell-scale tragedy’ not taken seriously, says ex-mandarin

Exclusive: Building safety minister demanded ‘do nothing’ option be added to policy paper on collapse risks

The Guardian - UK

UK house prices rise at slowest post-summer rate since 2008 crash

Rightmove says 0.5% rise is smallest for time of year since financial crisis 15 years ago as higher interest rates hit home

The Independent UK

Rightmove records weakest month of October for asking price increases since 2008

Across Britain, average new seller asking prices rose by 0.5%, but the long-term average increase for the month of October is 1.4%, Rightmove said.

Newsroom.co.nz

Back-channels shift sands on which National’s property and tax package is built

The luxury housing market is gearing up for National to lift the foreign buyer ban for properties over $2 million, but Christopher Luxon faces staunch opposition from NZ First. Jonathan Milne reports.

The Guardian - UK

Labour’s housing plans will not solve the affordability crisis

Letters: Martin Walsh, Michael Ball and John Worrall respond to the party’s proposals to address housing issues in the country

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