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The Latest Breaking News on Real Estate

More interest hikes will further weaken housing market, says FTSE 250 builder

FTSE 250 housebuilder reports drop in sales as it urges government to provide support for first-time buyers

The Guardian - UK

New Kilmarnock housing scheme opens in 'high demand' area of town

Resident Mr McCluskey was delighted to show visitors from the Council around his new home at Witch Road.

Daily Record

Proposed budget cuts 'could see £7M slashed from homelessness services'

Departments across Stormont are facing cuts to their budgets and there are estimates that an extra billion is needed to maintain public services at their current level.

Belfast Live

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

Abandoned Edinburgh industrial estate set to be turned into luxury flats

If granted, the five industrial units would be bulldozed to make way for two larger buildings comprising of 98 flats. Councillors are set to vote on the development during Wednesday's planning meeting.

Edinburgh Live

Plans approved without question for house ‘too close’ to neighbour

Officers had suggested the neighbour could use blinds to block out the view

Liverpool Echo

Eurozone falls into recession; US jobless claims jump; storm clouds over UK housing – business live

Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession

The Guardian - UK

Afternoon Update: Record rent rises in capital cities, winter illness warning; and Shannen Doherty’s breast cancer spreads

Australia’s housing stress worsens, and the 90210 actor reveals the terminal breast cancer she has been receiving treatment for has now spread to her brain

The Guardian - AU

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Govanhill flats evacuated over safety fears still standing eight years later amid legal 'stalemate'

Eight flats at 37 Annette Street were evacuated back in 2016 after building standards officers deemed the building to be unsafe and concluded that it must be demolished.

Glasgow Live

Property experts remain optimistic despite challenging housing market in Wales

Surveyors said the downturn in house sales could be bottoming out

Birmingham Post

London’s share of international super-prime property market takes hit in 2023

London’s super prime market was hit by interest rate rises and the Truss mini budget, according to a new report

Evening Standard

‘It would really help us’: renters in the UK who want a 100% mortgage

No-deposit loan presents possible route out of rental trap to those deemed eligible

The Guardian - UK

As migrants, we were sold a home and an Australian dream of financial security. Now we feel cheated

The Reserve Bank lifts interest rates each month and Philip Lowe tells our family to slash spending. But what’s left to cut

The Guardian - AU

Australia’s capital cities record largest ever annual rent increases as housing crisis worsens

Over 40% of suburbs recorded rental increases of 10% or more in the past year, according to CoreLogic

The Guardian - AU

Demand weakens in Scottish residential market

Further interest rate rises may mean more downward pressure on the market in the months ahead

Insider UK

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The Independent UK

Stock of homes for sale picking up but ‘storm clouds are gathered’

May marked the strongest reading for new property listings since March 2021, the Royal Institution of Chartered Surveyors said.

The Guardian - AU

Morning Mail: ‘mortgage cliff’ looms, Keating’s Aukus email, Head start for Australia in cricket

Rate hikes mean households must find an extra $15,000 a year on average loan, FOI reveals former PM’s explosive letter, and US cities enveloped in smoke from Canada fires

The Independent UK

Land trusts offer an innovative way to help the middle class afford a home

Makeisha Robey grew up in a three-bedroom house and always wanted to provide the same for her children

Newsroom.co.nz

Enough density on housing 'debate'

Our current political environment only contributes to a state of inaction and delay in addressing critical and urgent urban matters, writes Iresh Jayawardena

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news in one place.

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Evening Standard

Greenwich: Plans for 1,200 new homes on IKEA car park withdrawn by developer

Plans to build more than 1,200 homes around the Ikea store in Greenwich have been withdrawn by a developer due to “spiralling costs” of construction and building materials.

The Independent UK

Iowa Gov. Reynolds asks White House for help after partial building collapse

Gov. Kim Reynolds has asked the White House for reimbursement for the response to a partially collapsed building in Davenport, Iowa, and assistance with the demolition of the remaining structure

Bristol Post

Bristolians given priority for homes being built at key South Bristol development

A total of 50 new homes are being built at the site in South Bristol

The Guardian - AU

Essential workers priced out of housing near Sydney workplaces face even longer commutes

Teachers, nurses, social workers and emergency responders are already clustered in areas where housing is cheaper, data shows

The Guardian - AU

How gentrified is your postcode? Search our map of Australia’s capital cities

Exclusive: A third of suburbs in Sydney and Adelaide are already highly gentrified – and other capitals are on a similar trajectory

The Independent UK

Map reveals regions worst hit by slowing house price growth

The figures appear to show a divide between the north, where prices are still growing and the south, where they are slowing

Evening Standard

London house prices fall year-on-year for first time since 2012 as interest rates continue to rise

The Halifax research showed some of the biggest price falls were in London and the South East

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