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The Latest Breaking News on Real Estate

London landlord who tried to hike rent in mouldy 'foul-smelling' flat ordered to lower it by tribunal

Landlord’s attempted rent rise backfires as he’s taken to tribunal and ordered to lower monthly rent beyond original amount tenant paid

Evening Standard

Australian rental costs easing for some ‘maxed out’ tenants even as property prices edge up

While rents are at record highs in most state capital cities, the pace of increases in most city suburbs has slowed

The Guardian - AU

Rachel Reeves under pressure to save cash ISAs after building societies pen open letter to chancellor

The current £20,000 annual limit is expected to be cut but experts say it won’t prompt wider investment

The Independent UK

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Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation

Watchdog found evidence of information sharing linked to prices but firms have not admitted any wrongdoing

The Guardian - UK

Housebuilders agree to £100m affordable housing payment after CMA probe

Money will fund hundreds of new homes across the UK, but few likely to be built in London

Evening Standard

Housebuilders vow to pay £100m after probe into information-sharing

The CMA said the payment would be the largest it has ever secured through commitments from firms under investigation.

Evening Standard

The RBA’s decision to hold rates isn’t a calamity, but its shift in language is confounding – and worrying

One minute we are told inflation is in the bag, seven weeks later we are worried that it’s not. This change in tone erodes trust

The Guardian - AU

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Building Commission NSW using old parking infringement notice books to fine builders and developers

State opposition says ‘dodgy builders move fast yet the building commission is stuck scribbling fines on carbon paper’

The Guardian - AU

Campaigners call on Scottish Government intervention as RAAC report shows areas hit

CAMPAIGNERS have called on the Scottish Government to provide “immediate financial help” to those who have been affected by reinforced…

The National (Scotland)

Investors snap up growing share of US homes as traditional buyers struggle to afford one

Real estate investors are buying a larger share of U.S. homes as high prices and borrowing costs deter traditional buyers

The Independent UK

Rates hold call cuts deep but bank governor offers hope

The central bank has defied expectations of an interest rate cut as it keeps its sights on inflation and jobs figures, but relief might not be far away.

AAP

Number of first time home buyers hits record low as rentals take over US housing market

The number of renter households in the U.S. has ballooned to a record 46 million

The Independent UK

London landlord fined £75,000 for illegal Airbnb rentals

Two flats were being used for short-term rentals on Airbnb and Booking.com

Evening Standard

Voices: Building affordable homes would be a powerful way to generate growth for Britain

COMMENT: With a new National Housing Bank in the works, and the government pledging £39bn for affordable homes, the UK has a chance to transform more than just the housing sector, says Charlie Nunn, CEO of Lloyds Banking Group

The Independent UK

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The Guardian - UK

Property prices flat in June amid signs UK job market may be ‘softening’

Expected interest rate cuts could support growth after fall in first-time buyers since end of stamp duty cut

The Guardian - UK

Young people in England’s coastal towns three times more likely to have a mental health condition

They are suffering disproportionately and without help, say researchers, and unless they are given a voice, problems will continue to mount up

The Guardian - UK

Across Europe, the financial sector has pushed up house prices. It’s a political timebomb

We’ve been living in a great experiment: can finance provide basic human rights such as housing? The answer is increasingly no, says researcher and writer Tim White

The Independent UK

Home ‘flipping’ hotspots where properties are re-sold within months revealed

Rising upfront costs are eating into property investors’ profits, pushing them further north, Hamptons said.

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Barron Trump’s Luxury-Filled Childhood Back In The Spotlight As He Bags A Girlfriend

Baron Trump has his first girlfriend and it is drawing attention to his lavish life as the son of a US President and rumored billionaire.

AAP

'No offsets, no excuses': the pursuit of real zero

A handful of Australian companies are ditching the crutch that is carbon offsets and pursuing genuine emissions cuts, and it's been no walk in the park.

The Guardian - UK

Trevor Hendy obituary

Other lives: Local authority architect who became a housing association project director and then a consultant

The Guardian - UK

We have only ourselves to blame for the UK’s land monopoly

Letters: The most effective way to neutralise its power would be through land value taxation, writes John Digney, while Robin Gutch recalls an 18th-century landowner who moved a village

The Guardian - UK

Housing minister vows to crack down on property management ‘wild west’

Exclusive: Matthew Pennycook spoke after the government promised to end the ‘feudal’ leasehold system

The Guardian - UK

First-time buyers turn from rural areas to Britain’s regional cities

Number looking to move to urban centres up 16% in first five months of 2025 compared with same period in 2015

Reason

NIMBYism Stifles Housing Construction in Previous Growth Areas

In recent years, exclusionary zoning and other regulatory restrictions have begun to block housing construction in areas where it was once relatively easy.

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