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The Latest Breaking News on Real Estate

Boris Johnson puts house on market for £1.6m as he looks to make £400k profit

The outgoing Prime Minister and his wife Carrie bought the four-bed terrace back in July 2019 when Johnson got the keys to Downing Street.

Daily Record

The most expensive homes sold in Nottinghamshire

One was just shy of £3 million

Nottingham Post

Couple 'shed a tear' when dream home collapsed

They took their 1930s semi "back to brick" but have faced some speedbumps

Liverpool Echo

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read the most diverse news in one place.

Property investment into Scotland reaches four-year high

Commercial deal volumes reached £1.3bn during the first half of 2022

Insider UK

London first-time buyers: ‘I took on an extra job to save enough to buy my first home at 29’

Saving hacks and weekend work helped this buyer become a homeowner without moving job or city.

Evening Standard

‘It made us nervous’: rising interest rates and falling property prices squeeze household budgets

Successive rate hikes to cost average homeowner an extra $610 a month in mortgage repayments compared to what they were paying in April

The Guardian - AU

Australian house prices set to drop further as interest rates surge. Here's a round up of what's happening with property prices across Australia

Australian house prices are dropping at their fastest pace since the global financial crisis, data shows. Here's what's happening in your capital city.

ABC News

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Interest rate rises will see property prices fall further as maximum home loan sizes shrink

The Reserve Bank is expected to raise the cash rate again today. It comes as banks pass on interest rate rises and cut back how much they'll loan to wannabe home owners.

ABC News

Robe holiday home ownership creates housing crisis for workers

The latest census data showed 59 per cent of properties in this South Australian holiday town are vacant – the third-highest rate in the country.

ABC News

The Average Age Of First-Time Home Buyers Actually Gives Me A Wafer-Thin Feeling Of Hope

Do any young folks actually own houses? When did they buy them? How the fuck?

Pedestrian.tv

28% of ‘London leavers’ purchasing homes are first-time buyers, analysis finds

On average, these buyers spent £383,070 on their first home, compared with an average of £526,600 for a first-time buyer purchasing in the capital.

The Independent UK

Morning mail: property prices tumble, ‘alarming’ gas shortfall, Emma McKeon makes history

Monday: Five of the country’s eight capitals are reporting house price falls on par with the start of the GFC. Plus: the most ridiculous Australian reality TV shows

The Guardian - AU

Australian property prices tumble at rates not seen since GFC

Interest rate rises lead to dwelling values falling for third month in a row with Sydney prices down 5.2% since January

The Guardian - AU

South Australia's public housing shortage worsens, as number of people on waiting list reaches 17,000

The state government says work is underway on the first stages of its plan to build 400 extra public houses, while advocates say it's a good start but so much more housing is urgently needed.

ABC News

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news in one place.

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The Canberra Times

What you need to know about Canberra's public housing shortage

The ACT government often talks about its Growing and Renewing Public Housing program. Here is what you need to know about that.

The Independent UK

Housing stock shortages putting upward pressure on prices, says Propertymark

There is a lack of incentives keeping landlords in the sector, the industry body said.

Evening Standard

New homes for first-time buyers: what to buy, where to look and money-saving incentives

The best options for first-timers trying to buy a home in or near London.

Manchester Evening News

Greater Manchester’s property hotspot areas where house prices are soaring

One area has seen the average cost of a home rise by more than £159,000 since May

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news in one place.

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ABC News

Housing crisis prompts NSW councils to appeal to investment property owners to switch to long-term leasing

More than 20 per cent of houses in the Shoalhaven are empty while the victims of the housing crisis spend winter in tents, but the success of an appeal to investment property owners in a neighbouring shire could help to get roofs over heads.

AAP

Housing shortage impacts Qld DV victims

A shortage of social housing is forcing women to stay in violent relationships, an inquiry into Queensland Police's response to domestic violence has heard.

AAP

Rates put first home buyers at risk: RBA

Reserve Bank deputy governor Michele Bullock has told a Brisbane audience recent first home buyers are most at risk of default in the face of rising rates.

AAP

First home buyers blowing their budgets

More than a third of Australia's first home buyers are spending more than they budgeted to get a foot in the door, research suggests.

ABC News

Gold Coast unit prices slowing but bucking downward trends as Australia's property market eases

The Gold Coast's iconic high-rises are home to some of the most expensive units in the country, and while a downturn in the property market is being felt across Australia, the Glitter Strip's unit prices are still strong.

USAFacts

How does Gross Domestic Product differ by state?

Five states, including California and Florida, each contributed over $1 trillion to the national gross domestic product in 2022.

The Hindu

CREDAI predicts sharp rise in property prices

Escalating cost of construction material a serious concern, says association

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People

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