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The Latest Breaking News on Real Estate

Why are US homes getting bigger while households shrink?

American single-family homes are 20% larger today than they were in 1990 — but households are the smallest they've been in eight decades.

USAFacts

Rental vacancy rate plummets to record low as Australia’s housing crisis deepens

Advocates say the crisis will only become even more severe without government intervention

The Guardian - AU

Johannesburg fire: there was a plan to fix derelict buildings and provide good accommodation - how to move forward

Thousands of Johannesburg inner-city residents occupy buildings in conditions like those that led to the fire at 80 Albert Street that killed at least 77 people. They are living in derelict multi-storey buildings, former office blocks, sectional title buildings, tenements, warehouses and factories.

The Conversation

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

Second-home owners in Scotland set to see council tax doubled

Local authorities could be given the power to double council tax rates for second homes from April, under new proposals to be put before Holyrood.

The National (Scotland)

House prices fall at fastest pace since 2009 – and more pain expected

High interest rates and the customary summer slump have been blamed after UK house prices suffered their sharpest annual drop in 14 years.

The Week

Chicago’s Asian Americans and Pacific Islanders need affordable housing solutions

History has shown that AAPI communities have undeniably been left out of these discussions. Building a stronger, more equitable Chicago requires every community’s voice.

Chicago Sun-Times

5 Ways to Shop for a Low Mortgage Rate

Mortgage rates are high this year, but you can still find an affordable loan with these tips.

Kiplinger

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How to keep your home cool and sleep easy in a heatwave as report warns of meltdown in the capital

From banishing tech to using reflective paint, an expert reveals the best ways to reduce the overheating blighting many homes in the capital this week and beyond

Evening Standard

Amazon and other companies invested in affordable housing. Did it work?

Technology firms, healthcare groups and banks have thrown money at affordable housing, but even billions in short-term private capital can’t solve the crisis

The Guardian - US

Scottish Government will not back down on short term lets licensing, says Neil Gray

WELLBEING Economy Secretary Neil Gray has insisted that the Scottish Government will not back down on pushing ahead with the short term lets…

The National (Scotland)

Knock down a few, build one: in NSW that counts as a gain for councils’ housing targets

Exclusive: Metrics reflect gross addition to supply, even as unit blocks in affluent Sydney suburbs are being replaced by luxury single properties

The Guardian - AU

California lawmakers vote to fast-track low-income housing on churches' lands

California lawmakers have voted to fast-track low-income housing on surplus land owned by nonprofit colleges and religious institutions

The Independent UK

Mapped: UK house prices falling at fastest annual rate since 2009

Data from Halifax showed that house prices dropped by 4.6% in August

The Independent UK

Crumbling concrete crisis spreads to housing, shops and offices as major landlord orders checks

Major shopping centre owner orders survey, as housing associations also begin to investigate problem

The Independent UK

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StockNews.com

Top 3 Stocks “Right at Home” in Building Boom

On Wall Street a market that is hitting on all cylinders, with no storm clouds on the horizon, is known as a Goldilocks market. Both the home and infrastructure building markets, due to a perfect storm of short supply on the one hand and government spending on the other, have…

The Independent UK

Why are house prices falling?

With house prices dropping at the fastest rate since 2009, here is a look at what is behind the latest market trends and what could be on the horizon.

The Texas Tribune

Paxton trial, Sept. 7: During new testimony, former AG deputy tears up responding to “rogue” allegations

Former attorney general officials testified that Ken Paxton pushed to release confidential FBI records to friend and donor Nate Paul. They also denied defense attorneys’ assertions that they staged a “mutiny.”

The Guardian - UK

UK house prices suffer sharpest fall in 14 years

Halifax says prices fell by 4.6% as high interest rates dent homebuyer demand

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news in one place.

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Al Jazeera

China’s exports, imports fall as weak global demand clouds recovery

Exports slumped 8.8 percent in August to $284.87bn in the fourth straight month of decline.

Evening Standard

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.

The Independent UK

Kendra Wilkinson ‘rushed to hospital’ after panic attack

The reality star was rushed to the hospital on Wednesday

The Texas Tribune

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 Guardian - AU

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 - UK

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 - AU

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

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