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The Latest Breaking News on Real Estate

Housing Market Has One Big Problem—Mortgage Rates Are Still Too High

After three years of mortgage rates stuck above 6%, American homebuyers are showing signs of impatience with current borrowing costs as they anxiously await a shift in interest rates that will enable them to move forward with home purchases.

Benzinga

London council loses High Court battle to stop affordable housing in Marylebone being redeveloped

Westminster City Council had sought an order to keep the flats as affordable housing

Evening Standard

Sadiq Khan claims London house-building success but critics say it's 'smoke and mirrors'

Critics have said that Sir Sadiq Khan is proud of meeting an eigth of his target

Evening Standard

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Russia fights edict Canberra embassy a security threat

Diplomatic tensions between Australia and Russia are playing out in the High Court after a new embassy in Canberra was denied by the federal government.

AAP

Engineer who helped build Melbourne’s public housing towers condemns plan to demolish ‘icons’

Victorian government defends redevelopment, saying towers are outdated and unsafe as inquiry continues

The Guardian - AU

This is where house prices are dropping the most across the country, new study shows

The national median list price in July was $439,990, according to the new report

The Independent UK

News Corp’s Australian newspaper revenue falls as CEO warns Trump of AI’s ‘art of the steal’

Advertising revenue at division that includes the Australian, Daily Telegraph and Herald Sun down 5%

The Guardian - AU

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A Bunch Of HGTV Stars Have Had To Speak Out As Fans Worried More Shows Were Getting Canceled

Here's what's going on with some HGTV faves now...

Cinemablend

Think Twice Before Co-Signing or Guaranteeing a Lease for Your Kids

If you co-sign or guarantee a lease for your kids, make sure you understand the risks.

Kiplinger

Jeremy Corbyn warns rules on council asset sales threaten allotments

Sales of eight allotment sites approved since Labour took power as councils seek to fund day-to-day spending

The Guardian - UK

Opendoor Becomes Meme Stock Royalty Ahead Of Earnings, These ETFs Hold The Keys (CORRECTED)

Editor’s note: This article has been updated to reflect recent changes in ETF offerings.

Benzinga

Wandsworth unveils 'growth plan' which could see 14,000 new homes in next decade

The scheme includes plans for 8,400 new homes in Nine Elms, 3,000 more homes in Clapham Junction and 3,000 extra homes in Wandsworth Town

Evening Standard

US Trade Advisor Says Trump Tariff Rates Unlikely To Change

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil.

International Business Times

More American citizens are trying to migrate to these Caribbean islands this year. Here’s how to join them

Travelers racing to access ‘citizenship by investment’ schemes in wake of pandemic and 2024 U.S. election

The Independent UK

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AAP

Prefab house ferried to island by night wins top award

A house built in a factory and ferried to one of the nation's favourite holiday islands has won Australian House of the Year at the 2025 Houses Awards.

The Texas Tribune

Lawmakers advance bill to protect Texans from real estate fraudsters

Senate Bill 15 seeks to prevent the use of fraudulent deeds to sell someone else’s property or take out loans. Gov. Greg Abbott vetoed a previous version of the bill.

Benzinga

Top 3 Real Estate Stocks That May Rocket Higher In August

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Evening Standard

Damning reports reveal how London council let repairs bill on estates go £6million over budget

The reports concluded that the poor management of contracts led to the chaotic refurbishments

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The Guardian - UK

Donald Trump’s envoy Steve Witkoff visits Gaza aid ‘death trap’

Witkoff says he is helping ‘craft a plan’ to deliver aid as UN reports that Israeli forces have killed 1,353 Palestinians who were waiting for food

Benzinga

Warren Buffett Once Called Mortgages A 'Terrific Deal' — Now Zillow Analyst Says Even 0% Rates Can't Make Homes Affordable In America

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) and Zillow Group Inc. (NASDAQ:Z) have expressed concerns that mortgage rates are unlikely to decrease enough to make homes affordable for the average American.

The Independent UK

Voices: Trump’s ‘Tariffmaggedon’ is back… and with a vengeance

COMMENT: As the US president revives his discredited tariffs policy – which appears to single out Canada for punishment – Sean O’Grady says pushing levies on foreign imports to their highest level since 1934 can only be a disaster for the entire world economy

The National (Scotland)

Tory MSP claims £14k in taxpayer money to rent flat from former colleauge

A FORMER Tory MSP has earned over £40,000 through the Holyrood expenses system by renting out his Edinburgh flat to a Conservative colleague.

Evening Standard

Sadiq Khan promises 40,000 new council homes by 2030 in £3.5bn affordable housing reboot

City Hall admits London has a mountain to climb to provide the number of homes needed

Benzinga

Tim Scott, Elizabeth Warren's Historic Bipartisan Housing Bill Clears Senate Committee Amid US Housing Woes

In a rare bipartisan move, the Senate Banking Committee has unanimously advanced a comprehensive housing bill aimed at addressing the ongoing housing crisis in the United States.

The Guardian - AU

Queensland Productivity Commission argues construction industry ‘reset’ needed to fix housing crisis and deliver Olympics

Commission’s interim report calls on LNP government to remove so-called ‘Best Practice Industry Conditions’ from procurement policy

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