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The Latest Breaking News on Real Estate

Nearly 24,000 new homes for Adelaide suburbs under SA government's land release plans

The South Australian government hopes its land release package will improve housing affordability in the state.

ABC News

LA Mayor Bass orders list of vacant city properties where homeless housing could be built

LOS ANGELES — Los Angeles Mayor Karen Bass ordered city officials on Friday to prepare a list of the city’s surplus and unused properties over the next three weeks, the first major step in identifying which ones will be used for building homeless housing.

Los Angeles Times

RBA governor faces grilling on 'hawkish' rate hike talk

Reserve Bank governor Philip Lowe will appear before parliamentary committees this week after what's been labelled as a "hawkish" shift for the central bank.

AAP

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Push on for levy on vacant houses in Hobart, Glenorchy, Launceston to address Tasmania's rent crisis

A new alliance of community organisations is pushing for a levy to be paid by owners if houses are not occupied, as a means of addressing Tasmania's rental crisis, pointing to Vancouver, Canada, as an example of a similar measure working.

ABC News

Intervention for energy prices working, says treasurer

Treasurer Jim Chalmers says intervention in the energy market is working and that a decision will be made mid-year on the fate of RBA governor Philip Lowe.

AAP

Geelong resident works full-time and has own business but still can't afford a rental

Living in regional Victoria is becoming increasingly unaffordable as housing demand exceeds supply

ABC News

Proposals by NSW major parties to fix Mascot Towers saga do not go far enough, owners say

NSW Liberals and the opposition pledge to help residents of the defect-plagued building, but for owner Rachael Williams it has taken too long and she is calling on the government to "fix what you've created".

ABC News

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"We're almost there - now MPs must secure Awaab's Law to change lives in his memory"

Thousands of people could be helped following the campaign

Manchester Evening News

Australia’s economy running hot despite rising interest rates, but experts urge caution

Building and business insiders warn the Reserve Bank’s recent hawkish approach risks long-term harm for households and commerce

The Guardian - AU

Can you predict which parts of Sydney will be next to gentrify?

Researchers have developed a model which uses changes in the socioeconomic status of an area to anticipate gentrification

The Guardian - AU

Man linked to Nottingham burglaries after leaving fingerprint at crime scene

Joel Paris, 23, was linked to a series of burglaries which took place on the morning of September 21 last year at homes in Hyson Green, Nottingham.

Nottingham Post

Homes in grounds of historic Durham Castle go on the market with prices starting at £200k

The Lambton Park Development on the River Wear was the ancestral seat of the Earls of Durham

Chronicle Live

Saudi Housing Ministry Launches Kingdom’s First Metaverse Platform

The Ministry of Municipal, Rural Affairs and Housing announced the launching of Sakani Metaverse, the first platform of its kind in the Kingdom, in a step that aims at exploiting the interactive technology to raise the quality of life. The announcement came during the ministry’s participation in the LEAP 2023…

Asharq Al-Awsat

The U.S. needs more affordable housing – where to put it is a bigger battle

American suburbs mandated single-family homes generations ago, often to segregate areas by race and class. New laws allow more-affordable options like townhomes but construction so far has been slow.

WEKU

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Birmingham Post

Tyneside construction giant Tolent facing huge financial issues

The company has been responsible for some of the region's most prominent recent building projects

Chronicle Live

Gateshead construction giant Tolent facing huge financial issues

The company has been responsible for some of the region's most prominent recent building projects

AAP

Perrottet's brothers dodge NSW inquiry into developers

NSW Premier Dominic Perrottet's brothers have failed to respond to a parliamentary inquiry into the influence of property developers on a Sydney council.

AAP

'All options' weighed for in-limbo Mascot Towers owners

The NSW government will set up an expert panel to find solutions for long-suffering owners of the uninhabitable Mascot Towers development in Sydney.

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news in one place.

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Chicago Sun-Times

Businessman lands big deal with CTA, then helps Lightfoot’s reelection effort

The 77 Committee is the name of the fledgling effort by Lightfoot allies to bolster the embattled first-term mayor in the Feb. 28 election — often in ways she may not legally be able to do herself.

Newcastle Herald

Out by Christmas: Williamtown residents told they must sell as the state seizes Red Zone land

Williamtown residents whose properties are needed for the Special Activation Precinct have been told they must sell up by Christmas.

The Guardian - AU

Australia’s looming mortgage stress crisis: what the nine interest rate rises mean for households

A quarter are thought to be in mortgage stress already, and another 800,000 face steep rises this year as fixed-term loans end. Experts discuss ways to cope

ABC News

Thousands of international students set to return to Australia amid rental crisis after China online learning ban

More than 40,000 Chinese students are expected to return to Australia for face-to-face classes, after China announced a snap ban on online learning at foreign universities a fortnight ago.

Manchester Evening News

Awaab's Law: What the new announcement means and what's next for social housing

'Vital' law changes are on the way

Liverpool Echo

A Place in the Sun Jean Johannson taken aback by buyer's explicit confession

The couple were searching for a £90,000 property large enough for their 10 children

Nottingham Post

Parents 'really disappointed' as primary school plans for huge Gedling estate scrapped

Funds will instead be directed towards secondary school places

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