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The Latest Breaking News on Real Estate

The Australian suburbs that have recorded the largest value declines since COVID-19 hit

Data reveals a list of suburbs where house and unit values have slumped back to pre-COVID-19 levels. With prices tipped to fall further, is it a good time to buy?

ABC News

High-rise mortgage costs see surge in rents across the UK

House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite

The Guardian - UK

Conflict of interest: have low cash rates created the ‘everything bubble’?

In new book The Price of Time, economist Edward Chancellor explores the role central banks have played in the snowballing challenges of the past quarter century

The Guardian - AU

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Londoners facing squeeze as rental prices surge by 22%: ‘It is alarming’

Londoners trying to find a rental property in the capital are now facing record average prices of £571 a week, new research has shown.

Evening Standard

The renters facing homelessness as soaring demand pushes prices sky-high

Fierce competition between would-be tenants leaves many losing out – just as inflation sends costs soaring

The Independent UK

Eamon Ryan not ruling out return of tax breaks for property developers amid housing crisis

“I won’t rule out further measures”

Irish Mirror

Is the South Florida real estate market crashing?

2021 was a record year for real estate in South Florida, yet the last eight months of 2022 have been about the market slowing. Questions linger as to how bad the decline in the market is and whether it’s headed for a crash.

Tribune News Service

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McEwan Fraser Legal appoints managing director

The newly-created role is aimed at leading the firm's next phase of growth

Insider UK

Council house rent rises 'reluctantly' approved despite residents 'struggling badly'

“We are doing what we can but it won’t be enough."

Manchester Evening News

Real estate Q&A: Does condo association have to pay for repairs after water leaked under slab?

Q: We had a water leak below the slab at our condo. We filed a claim with our insurance company which is paying for the repair. Our condo association won’t pay my deductible. Many residents have told me that since the leak was outside the condo, the association is responsible…

Tribune News Service

Demand for rental homes in UK up by 23% in a year, as rents hit record high

Competition among tenants for properties intensified by potential buyers delaying plans and lower supply of smaller homes

The Guardian - UK

Adamstown suburb record smashed by $1.3m

The previous suburb record for a house in Adamstown was $2 million.

Newcastle Herald

Average rent in newly registered tenancies across Ireland now at €1,464

The index shows that average rents for new tenancies in Dublin were €2,011 a month and outside Dublin they averaged €1,130 a month

Irish Mirror

Treasurer hosts housing investor meeting

Treasurer Jim Chalmers will meet with private sector representatives on Friday for a roundtable on housing investments.

AAP

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Newsroom.co.nz

Hash out intensification funding or risk under-servicing communities

The Government’s demand for intensification relies on funding and financing tools that are no longer fit for purpose.

The Times of India

Maharashtra to launch its own housing scheme for homeless people not covered under PMAY

MUMBAI: The state government will launch its own housing scheme for those left out of the Pradhan Mantri Awaas Yojana (PMAY) and Awaas plus yojana, announced deputy CM Devendra Fadnavis.

Daily Mirror

Tens of thousands of rented homes 'at least' feared unsafe to live in, Michael Gove admits

Cabinet minister's admission comes just a week after a coroner ruled two-year-old Awaab Ishak died in 2020 after prolonged exposure to mould.

The New Daily

Australian suburbs plunge out of million-dollar club as house prices fall

Australian suburbs have been kicked out of the million-dollar club, as house prices start to feel the full effects of the interest rate bite.

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news in one place.

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Manchester Evening News

Michael Gove says 'tens of thousands' of properties are unsafe after tragic case of Awaab Ishak

Gove is set to travel to Rochdale later today

Tribune News Service

Editorial: Turn ’em over, Donald: Congress has a right to see Trump’s taxes

When Richie Neal was mayor of Springfield, in Western Massachusetts, in the 1980s, Donald Trump was a lying Manhattan real estate promoter who routinely cheated those who were foolish enough to do business with him. God knows what Trump’s tax returns looked like, but those suspect documents were a matter…

Liverpool Echo

Council's 'luxury housing company' could ask for more money amid 'volatile' conditions

Cllr Trish Hardy said despite the challenges, the decision to set up Sandway Homes was 'correct'

The Independent UK

‘Tens of thousands’ of rented homes in shoddy condition, Michael Gove admits

Housing secretary asked if he is ‘embarrassed laying out those statistics’ - 12 years after Tories came to power

Evening Standard

Would you buy your home on Instagram? The unstoppable rise of social property selling

We’re all used to shopping online by now but would you make the most expensive purchase of your life on social media? We meet the home buyers who have

The Canberra Times

Apartment owners awarded $40k after units found to have defects

Two complainants received more than $20,000 each after balcony issues weren't repaired.

Tribune News Service

Inflation and the housing market: How to cope with high home prices

Inflation hasn’t left the building, but it may be starting to look for the exit.

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