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The Latest Breaking News on Real Estate

Are London house prices about to crash? Warnings of ‘year of pain’ amid rising interest rates and inflation

The property market faces a ‘year of pain’, with a new two-year forecast estimating a 10 per cent drop for house prices. But how low will they really go?

Evening Standard

Rental shortage leaves Bega Valley family homeless, advocates call for more temporary housing

Carine and her children moved to the Bega Valley to escape domestic violence. They were left to make a decision that left them "powerless" in a worsening housing crisis.

ABC News

Housing crisis in Kununurra rolls on as government fails to lure buyers to build on subsidised blocks

Some of these residential lots were released in Kununurra eight years ago but no houses have ever been built, despite a state government subsidy program.

ABC News

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Flood warnings issued as east coast braces for heavy rain and storms – as it happened

This blog is now closed

The Guardian - AU

Anna was ready to buy her first home - but then her details were leaked in the Optus data breach and everything changed

After failing to get clear advice from Optus and in trying to protect her finances, Anna may now not be able to own her own home anytime soon.

ABC News

'My rent has doubled but my wages haven't': Scot struggles to keep up with rising prices

RONNIE Carroll has seen his rent more than double in the 15 years he’s stayed in his Edinburgh flat.

The National (Scotland)

Kiplinger Housing Outlook: Existing-Home Sales Rise While New-Home Sales and Starts Plummet

The housing market is in the doldrums, but subtle shifts are finally on the way.

Kiplinger

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Homes Under The Hammer: Retired teacher loved Welsh cottage renovation so much, he moved in

The magical property had everyone under its spell even before the wonderful transformation

Wales Online

Isolated coastal cottage in one of Wales’ most spectacular seaside spots going to auction

Bliss by the beach

Wales Online

Millennial Money: You nixed your homebuying plan. What now?

Elevated home prices, rising interest rates and steep competition are interrupting millennials’ plans to get that quintessential piece of the American dream — their first home, or an upgrade from a small starter home

The Independent UK

Leeds flats 'designed for working from home' given go-ahead in city centre

There's also private and communal garden space up for grabs

Leeds Live

Michael Gove demands crackdown on secret foreign owners of slum rented homes

Former housing secretary condemns ‘opaque trusts’ used to snap up property ‘for speculative reasons’ – thwarting regeneration

The Independent UK

Hundreds of new Glasgow riverside homes to rent 'could help' city's housing shortage

The men behind plans for a new build to rent development next to the River Clyde believe the model of housing can address a lack of homes in the city. Critics question its affordability.

Glasgow Live

IKEA franchise launches €100 million social housing plan in Dublin

The plans will see 250 housing units constructed over the next three years

Dublin Live

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Dublin Live

Housing crisis Ireland: Just four homes built per 1,000 people in Dublin last year

Experts have slammed the National Planning Framework (NPF) saying it will 'strangle Dublin's housing supply'

Wales Online

Couple say bungalow built next door has cut £30,000 off value of their home

The Smiths say they can touch the roof of the new house from their garden

Daily Record

Couple fume as 'intrusive' bungalow next door knocks £30k off house value

Roger Smith, 59, and wife Sharon, 61, claim their neighbour's 'intrusive' bungalow has been built so close to their home that they can touch the roof from their garden.

Evening Standard

Comment: ‘The tax-slashing mini-Budget can’t be described as good for London if Londoners don’t benefit’

If Londoners - the people who constitute London - end up worse off and priced out, we can’t describe these policies as ‘good’ for the city

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news in one place.

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Financial Times

China’s property crash: ‘a slow-motion financial crisis’

In the first part of a series, the impact of falling house prices is spreading to local government finances and the broader economy

The Guardian - AU

House prices fall as Sydney owners make loss on resales to escape high interest rates

Values across Australia’s capital cities decline for fifth consecutive month – with only Darwin bucking trend

ABC News

More affordable housing coming for regional Victoria as government commits $219 million to new builds

The Victorian government announces it will build hundreds of homes in regional Victoria to help address the growing social housing problem.

AAP

Building approvals rebound after plunge

A sharp bounce in apartment approvals drove a significant increase in dwelling approvals in August, official figures show.

The Hindu

Maharashtra CM Eknath Shinde bats for slum-free city with affordable housing

Maharashtra Chief Minister asks developers to focus on ‘housing for all’ through affordable prices

AAP

Petrol prices already tracking upwards

Petrol prices have already started inching upwards following the reintroduction of the fuel excise tax last week.

The Guardian - AU

Big issues at play could cause the RBA to make smaller cash rate hikes

Lower rises expected for the rest of the year, economists say, with the possibility of a pause in the longer term

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