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The Latest Breaking News on Real Estate

Will the Reserve Bank review achieve anything? What difference could it make to interest rates?

A government-ordered review of the Reserve Bank — the first in more than a generation — is expected to ask searching questions of our key financial institution. The leadership of the central bank, the composition of its board, missed targets and broken promises are all elements under examination.

ABC News

Global cities may hold solutions to Sydney's housing crisis, but will the Harbour City pay attention?

Renting and buying in the Harbour City has never been less affordable, but the solutions to the deepening crisis could be staring us right in the face.

ABC News

Couple who paid builder £27k for porch 'left without roof or front door 10 months later'

Matt and Allison Brown from Caerphilly, South Wales, hired a company called K Construct last May to build them a front porch and a rear extension - a job they claim they were told would only last four to six weeks

Daily Mirror

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Giving councils control might help fix NSW's public housing problems

If new housing stock was spread throughout new developments, then the public negative view of housing tenants may also be less of a problem.

Newcastle Herald

Housing supply and affordability on new council agenda

The National Housing Supply and Affordability Council is meeting for the first time to advise on ways to get more people into homes.

AAP

£10m Poole apartment block completed by local housebuilder

Local firm AJC Group has finished building the rental scheme on the site of a former One Stop shop and a Motabitz car accessories store

Birmingham Post

Couple who paid builder £27k still left without roof and front door 10 months later

Their autistic son is regularly said to be 'in tears of frustration' at the ongoing situation

Wales Online

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Hundreds of commercial buildings to be converted into homes in Dublin

Those planning on converting certain commercial properties into homes have an exemption from requiring planning permission under regulations aiming to increase housing supply

Dublin Live

Newcastle office to be transformed into modern city apartments with £20m funding

Cale Cross House is the 10th tallest building in Newcastle and Beech Holdings is converting it into 241 apartments

Birmingham Post

Total value of London’s homes has risen to more than £1.8 trillion

London’s housing stock is worth almost as much as Italy’s annual GDP

Evening Standard

Ex-burglars reveal what they look for when targeting a house

Burglars frequently return to rob a house a second time for 'repeat business' as people have replaced items stolen from them, with those of better quality than the original

Wales Online

Arsonist told woman 'I like setting fires' as he burned bags

Kci Hopkins caused £10,000 of damage when he set a bed on fire

Liverpool Echo

House hunters stunned as property goes on sale for £200,000 - but is less than 3m wide

The tiny house located in Hampshire measures less than 2.5 metres wide, has gone on sale for £195,000 - but many have criticised the property size, claiming it resembles a children's playhouse

Daily Mirror

A quarter of inner London office space could be unlettable from April due to new energy efficiency laws

Landlords face costly bills to make improvements - or risk not being able to let the space

Evening Standard

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Axios

Why new home sales are up — but existing homes aren't

Ever heard of a mortgage buydown?

Birmingham Post

From weekend hobby to £370,000 investment: Tyneside couple's design firm Peek Home set for growth

Cullercoats couple Roland and Jaemi Glancy have also appeared on Channel 4’s Love It or List It with Kirstie and Phil

The Canberra Times

'Crisis in Canberra': Poverty inquiry hears ACT residents and service providers are struggling

The groups told the inquiry more people were accessing community services while service providers were finding it harder to retain staff.

Pedestrian.tv

A New Report Dropped All The Suburbs Where Rent Went Up By Almost 50% That Is Too Fkn Much

Brb moving to Mars.

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news in one place.

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Wales Online

Net UK housing wealth ‘exceeded £7 trillion for the first time' in 2022

Estate Agent Savills said that £3.34 trillion was held by mortgage-free homeowners

ABC News

Kalgoorlie man Raymond John O'Brien pleads guilty to arson attack on real estate office

Raymond John O'Brien, 60, will undertake a psychiatric assessment after pleading guilty to dousing a woman in petrol and setting an office building alight in Kalgoorlie during December.

The Canberra Times

This rental near Tharwa comes with its own ACTION bus

Because you never know when you might need an ACTION bus.

AAP

Rents exploding in regional and inner-city locations

Renters living in inner-city apartments or houses in regional hotspots across Australia have seen astronomical rental increases in the past year.

The Guardian - UK

Value of UK housing stock hit record £8.7tn in 2022

Annual rise of £425bn smaller than in previous two years, says Savills as it predicts fall in house prices in 2023

The Independent UK

Net UK housing wealth ‘exceeded £7 trillion for the first time last year’

The growth in house prices over the past three years has added considerably to homeowners’ ‘paper wealth’, Savills said.

ABC News

Accessible rentals in short supply amid calls for minimum accessibility standards for all new houses in NSW

The Sydney woman is struggling to find a new home with access for her wheelchair, caught by the no-grounds eviction policy and a dire shortage of rentals prioritised for those that need them most.

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