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The Latest Breaking News on Real Estate

Another rate hike expected to fight stubborn inflation

The Reserve Bank is tipped to hike interest rates for the 10th time in succession and inflict further pain on already-stretched Australian households. The

The New Daily

The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments

Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.

ABC News

OPINION - The Leader podcast: Tackling social housing ‘rogue landlords’

Social housing tenants are being urged to complain about shoddy and dangerous housing in a major new Government advertising campaign.

Evening Standard

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Awaab's Law: Social housing tenants 'empowered to make complaints'

“Too many social housing tenants are being let down and ignored"

Manchester Evening News

£1m plan to tackle rising homelessness in Sefton

Sefton Council's spending on temporary accommodation has soared in recent years

Liverpool Echo

Wyoming to vote in 2024 on amendment concerning residential property taxes

In 2024, voters in Wyoming will decide on a constitutional amendment to add residential real property as a fourth, separate, class of property for property tax purposes. Under the amendment, the legislature would be authorized to create a subclass of residential property for owner-occupied primary residences, which could be assessed…

Ballotpedia

California has nearly 100 new housing laws. Are they fixing the affordability crisis?

Facing a massive affordable-housing crisis pushing Californians out of their hometowns and some onto the street, state legislators passed law after law to boost housing production. Now, Sacramento is asking itself the million-dollar question: Is it working?

Tribune News Service

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Cramped and grotty rooms go on display at Ikea to highlight plight of homeless

The so-called Real Life Roomsets have gone on display at Ikea’s Birmingham, Warrington, Bristol and Hammersmith stores.

The Independent UK

Plans for more than 400 houses in RCT look set for final approval

The application for 460 houses off the A4119 at Cefn yr Hendy is going back before the council's planning committee

Wales Online

Midlothian home owner praised for not demolishing house in conservation village

The owners bought the house with planning permission for an extension but found the plans lacked head space on the stairs and attic so lodged a fresh application which was refused

Edinburgh Live

Residents' big chance to voice opinions on major Trafford Waters development

Feedback wanted on plan for 208 new homes

Manchester Evening News

Government should not be within ‘ivory tower in Edinburgh’ – Yousaf

The SNP leadership contender said he would commit £25 million to turning empty homes into new housing.

The Independent UK

Australia returns trade surplus of $11.6 billion

Australia has reported another trade surplus ahead of the RBA's March cash rate decision, which is broadly expected to result in another hike.

AAP

Billionaire Issa brothers agree $1.5bn 'sale and leaseback' deal for EG Group in USA

EG Group said it will use the net proceeds to help repay debt

Manchester Evening News

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AAP

Rentals under $400 disappearing as prices surge

Affordable rentals are becoming increasingly hard to find as strong demand for rental accommodation continues to outstrip supply.

Chronicle Live

Site of blaze-damaged Whitley Bay church could be turned into 12 new homes

A planning application for 12 homes will now be considered on the site, six years after the church was burnt to the ground

Tribune News Service

Alexis Leondis: Mortgage lenders are selling homebuyers a lie

“Marry the house, date the rate.” That’s the advice realtors and mortgage lenders are giving worried homebuyers as mortgage rates reapproach the two-decade high of 7% reached in November. In other words, don’t be afraid to commit to the house you love, because you can just refinance when rates come…

The Guardian - AU

Share of affordable properties in Australian capital cities has more than halved, analysis shows

The proportion of dwellings listed for under $400 a week has more than halved to an average of just 15% across the country

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The Guardian - AU

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

Liverpool Echo

Plans for HMO in former pub 'could cause significant distress'

Neighbouring businesses have filed letters of objection to the plans for a 13-bed house of multiple occupancy

Birmingham Post

Billionaire Issa brothers’ EG Group in $1.5bn US property sale to slash debt

The brothers also co-own Asda with TDR Capital

Evening Standard

More trouble at Home REIT as two tenants enter liquidation

The embattled housing provider has said that the two tenants, which make up 18% of its rent roll, are close to collapse

Irish Mirror

Survey finds renters in Ireland fear the cost of living crisis has affected their ability to buy a home

Energy prices are a main concern for prospective homebuyers

Evening Standard

Billionaire Issa brothers’ EG Group sells $1.5 billion in property in bid to slash debt burden

The billionaire Issa brothers’ business EG Group has sold $1.5 billion worth of property in the US as the pair scramble to bring down the firm’s debt burden amid soaring interest rates.

Bristol Post

Plans for new supermarket and blocks for 628 students unveiled on industrial estate

The regeneration of St Phillips is getting under way

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