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The Latest Breaking News on Real Estate

Vatican reports income boost in charitable fund, even as donations dip following financial scandals

The Vatican says a key charitable fund, Peter's Pence, doubled its income in the last year to 107 million euros

The Independent UK

Sadiq Khan ‘hopeful’ Labour will allow London rent controls despite u-turn

Sadiq Khan said a ‘conversation’ had been had with the national Labour party about empowering him with rent controls, if the party enters government at the next election

Evening Standard

Green light for over 540 new apartments in Dublin's south inner city

An Bord Pleanala has granted permission for the apartments which are a mix of social housing and cost-rentals

Dublin Live

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New Edinburgh housing scheme set to be built on grounds of old school

The land is surplus to requirements and has been deemed suitable for new housing as part of Craigmillar's regeneration.

Edinburgh Live

Financial Conduct Authority enables firms to provide mortgage breathing space

Lenders should make the options available to borrowers clear and accessible and struggling customers should contact their lender, the FCA said.

The Independent UK

West Lothian scrap plans to sell office after agreeing lease with law firm

Plans to sell off a Livingston council office agreed in February have been thrown out after a rethink on post Covid work patterns and the potential for a new ten-year lease agreement with a tenant

Edinburgh Live

The reason why high street chain John Lewis is building hundreds of new homes

The chain, which also owns Waitrose, is looking to create 1,000 homes in London and the south east to address the housing crisis

Manchester Evening News

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Co-work from home

housing societies being converted to coworking spaces for women

The Hindu

Double whammy hits London economy on top of house price fall

The average cost of a London house is £517,000, down over 4% in June

Evening Standard

27% annual fall in house sales in May – HMRC figures

The fall is partly due to a higher number of bank holidays in May 2023, as well as a recent decline in general market conditions, HMRC’s report said.

The Independent UK

UK house prices rise unexpectedly in June but annual rate falls

Nationwide says mortgage crisis ‘likely to exert significant drag’ on market activity in coming months

The Guardian - UK

Average house price falls 3.5% as mortgage rates keep climbing

The sharp increase in borrowing costs is likely to exert a significant drag on near term housing market activity, Nationwide Building Society said.

The Independent UK

France riots: hundreds arrested in fourth night of unrest as 45,000 police deployed

France’s interior minister says that “significant reinforcements” have been sent to Marseille where more than 80 people have been arrested

The Guardian - UK

Controversial plans for Bristol shopping centre to go back before councillors for official rejection

Planning committee members unanimously refused to grant permission

Bristol Post

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The Conversation

Houses and high-rises (and nothing in between): why land zoning hasn't been effective for improving urban density

For almost a century, zoning has been the key tool used by urban planners to influence how our cities grow and change. Our newly published research looked at whether zoning is effective at guiding new urban growth patterns.

The Texas Tribune

Texas House investigation widens to include Ken Paxton real estate purchases, report says

The Wall Street Journal says the impeached attorney general, his wife and a family trust spent nearly $3.5 million buying properties in four states in 2021 and 2022.

Daily Mirror

Airbnb revenue 'down by 50 per cent' sparking huge housing market crash fears

One real estate expert has revealed that Airbnb's unfolding profit crisis is likely to cause a housing crash "on par with the 2008 subprime crisis" in some cities

The Independent UK

NYC Mayor Eric Adams confronts woman at town hall with racially-charged remark

The mayor was appearing at an event in Washington Heights

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Bristol Post

Record fine handed to ‘lost at sea’ landlord after serious housing offence

The landlord owns multiple properties in Bristol and South Gloucestershire

Nottingham Post

Former Nottinghamshire brickworks set for more than 100-home development despite opposition

The former Bunny brickworks would be turned into 110 homes and employment units, if a planning officer's recommendation is followed by Rushcliffe Borough Council's planning committee on July 6

Chronicle Live

Sunderland burglar caused £27,000-worth of damage by stripping homes of pipework and heating systems

Drug addict Ethan Watson broke into the unoccupied properties while they were being renovated and stole the pipes to sell to a scrapyard

Daily Mirror

New York City mayor throws tantrum at housing activist accusing her of owning plantation

During a town hall in Washington Heights on Wednesday, New Yory City Mayor Eric Adams verbally accosted housing activist Jeanie Dubnau and accused her of being a plantation owner, as seen in a dramatic video

The Guardian - UK

‘There’s so much anger’: France braces for more rioting over police shooting

Killing of 17-year-old in Nanterre has triggered nights of clashes and politicians fear unrest will spread

The National (Scotland)

Owners of famed 'indy windaes' Yes hub in cash help plea over rising bills

A WELL-KENT Yes hub famed for its “indy windaes” is appealing for cash to maintain its campaigning presence in the face of the cost of living…

Tribune News Service

Priced out of soaring single-family home market, Bay Area house hunters opt for condos

Can’t afford to buy your Bay Area dream home? Have you considered a condo?

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