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The Latest Breaking News on Real Estate

The 28% Rule for Housing: Does It Still Work in Today’s Market?

Rising home prices and stubborn mortgage rates put this long-standing rule to the test.

Kiplinger

Peter Schiff Dismisses Trump Claim That Fed Rate Cut Will Help Homeowners, Says Maybe Jerome Powell Is 'Helping Housing'

Economist Peter Schiff challenged former President Donald Trump's claim that Federal Reserve Chair Jerome Powell is hurting the housing market by delaying rate cuts, arguing the opposite effect is more likely.

Benzinga

Former Speaker Dade Phelan won’t seek reelection to Texas House

As speaker, Phelan oversaw passage of numerous conservative priorities, but he gave up the gavel under pressure from the far right over the House’s impeachment of Attorney General Ken Paxton.

The Texas Tribune

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Housing in east London borough hit by 'shoddy workmanship' from repair firms, mayor says

Lutfur Rahman said he believed Tower Hamlets Council’s housing repair service was ‘not fit for purpose’

Evening Standard

Court throws out $500m civil fraud penalty against Donald Trump

Divided decision by New York appeals judges dismisses ‘excessive’ penalty but leaves room for further appeals

The Guardian - US

German contest to live in depopulated Soviet-era city proves global hit

Eisenhüttenstadt offered spacious central flats rent-free for two weeks in effort to attract valuable professionals

The Guardian - UK

Luxury real estate agent, 75, accused of biting child’s arm during free t-shirt grab during concert in the Hamptons

Gail Bomze, a 75-year-old grandmother, denies further accusations of ‘kicking and punching kids’ at the Tuesdays at Main Beach concert

The Independent UK

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Can a nation in crisis rely on the baby boomer generation to step up? I think the UK is about to find out

A raid on property wealth and pensions is being signalled by the Treasury, and it has sound reasons for doing just that, says Phillip Inman, the Guardian’s senior economics writer

The Guardian - UK

Classic country houses holding back the regional dream

Australia's regions are facing a worsening housing shortage, with typical country houses part of the complex problem, a report has found.

AAP

London Renters Struggle as Nearly 75% of Income Goes to Rent Amid Soaring Housing Crisis

London renters pay up to 75% of their income on rent, highlighting a severe housing affordability crisis.

International Business Times UK

Reeves leaves no stone unturned as she mulls reforms for property tax

Chancellor and prime minister are latest in a long line of politicians who have tried to squeeze more out of UK property

The Guardian - UK

England to sell eight times more council homes than it built last year, report finds

Depletion of social housing stock spurs calls for councils to have first refusal to buy ex-council homes entering market

The Guardian - UK

Instead of ‘winners and losers’, why not build an economy that’s good for all Australians?

When it comes to policy decisions, too many are too quick to focus on what’s in it for them, instead of what is best for society as a whole

The Guardian - AU

How would potential new property tax differ from stamp duty and council tax system?

Treasury officials consider shake-up that could see tax paid by sellers of homes worth more than £500,000

The Guardian - UK

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The Guardian - AU

More than two-thirds of NSW public land suitable for housing sold to private developers

Exclusive: Despite Labor policy to prioritise government land for public housing, Homes NSW has bought just three of 55 sites and expressed interest in further seven

Kiplinger

Stay NJ Program Could Give You $6,500: Payments Out Now

New Jersey has a new property tax relief program that's paying out for the first time in 2026. When will you get a check?

Evening Standard

OPINION - Who's to blame for London's housing crisis? Labour of course

London is at an historic low. Under Sadiq Khan, housebuilding in our capital has collapsed to its lowest level since 2009, a truly staggering failure.

The Independent UK

Voices: ‘Owning a £500k home does not make you rich’: Readers challenge Reeves’ property tax plan

YOUR VIEWS: Our community has hit out at plans for a £500k property tax, saying it unfairly hits ordinary homeowners and needs higher thresholds or regional tweaks

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Evening Standard

Tenant renting out London council house while living in Ethiopia among dozens to have property seized back

Fraud investigations discovered some council tenants had illegally sub-let their homes despite living abroad in countries as far away as Ethiopia

Kiplinger

Don't Be a Sucker: The Truth About Guarantor and Cosigner Agreements

There are significant financial and relationship risks involved if you agree to be a cosigner or guarantor. Make sure you perform your due diligence, and know exactly what you're getting into, before agreeing to such a commitment.

Evening Standard

Kirstie Allsopp accuses Rachel Reeves of 'punishing' homebuyers as Chancellor 'mulls new property tax'

The Treasury is reportedly mulling plans to raise money from a tax on the sale of homes worth more than £500,000

The Guardian - UK

Reeves considers replacing stamp duty with new property tax

Exclusive: Treasury examines options including tax on homes sold for more than £500,000 as well as overhaul of council tax

The Guardian - UK

Soho House agrees to be taken private in $2.7bn deal; European shares dip ahead of Ukraine peace talks – as it happened

Ashton Kutcher to join private members’ club’s board

Benzinga

Elizabeth Warren Says This Is The Practical Way To Fix America's Cost Of Housing Crisis

Sen. Elizabeth Warren (D-Mass.) believes the way to make homes cheaper is to build far more of them and pointed to a new bipartisan package she co-authored that cleared committee towards the end of July 2025.

AAP

'It's crunch time': productivity puzzle must be solved

Australia must cut unnecessary red tape and boost business investment if young people are to be better off than their parents, the productivity chief says.

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