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The Latest Breaking News on Real Estate

10 of London's most expensive uber rentals to let now for as much as £100k per month

Ultra-high-net-worth individuals are now more likely to rent than buy in the capital. These top-of-the-market lets might tempt them to move in

Evening Standard

Pick up in activity in central London's prime housing market, figures suggest

Prime central London has become the latest part of the housing market to show signs that industry pains are easing, after a tumultuous period since the fallout from the 2022 mini-Budget.

Evening Standard

US Home Affordability Drops To Lowest Level On Record

Home affordability in America dropped to a record low in 2023, according to a report from the real estate brokerage firm Redfin released Thursday.

International Business Times

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Liberals need to reconsider negative gearing and housing policies, outgoing Victorian MP Matt Bach says

Former frontbencher says the Coalition has an opportunity to win over Millennials and Gen Z voters struggling to enter the housing market

The Guardian - AU

“Squeeze set to get worse” as rents set to outstrip housing benefits 14% by 2025

The Chancellor’s temporary measures will do little to help the rent, cost-of-living and homelessness crisis, warns action group

Evening Standard

‘Tamil Nadu Unlimited’ summit to be held on December 12

Tamil Nadu Unlimited summit to be held in Chennai on Dec 12 to highlight potential of different sectors. Seven panel discussions to be moderated by The Hindu's journalists. Co-presenting partner Guidance Tamil Nadu, powered by Veranda Learning and SBI. VFS Global, Nippo, CREDAI, Sify Technologies, Nippon Paint, Avtar Group, MIOT…

The Hindu

Berkeley boss calls for 'brownfield first' planning reform to boost London house building

Rob Perrins

Evening Standard

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The one renovation that could double the value of your house (and make an enemy of your neighbours)

Digging down is the best way to send your house price soaring, according to new analysis

Evening Standard

Austin will now allow more homes to be built on single-family lots

City officials hope that allowing up to three units per lot will increase supply and slow the explosive increase in housing costs. The measure was approved by Austin City Council in a 9-2 vote late Thursday night.

The Texas Tribune

Sneak peek inside new home on one of Bar Beach's most tightly held streets

The median house price in Bar Beach is $2.12 million.

Newcastle Herald

C is for Covfefe: The ABCs of Donald Trump

Trump’s gaffes, typos, and infamous phrases have become a staple of US politics. Kelly Rissman explains what (we think) his most iconic phrases mean

The Independent UK

Vacant Catholic schools, even churches, could be used to house migrants

With all the Catholic school and parish consolidations, these buildings could be retrofitted for migrants, a suburban reader writes.

Chicago Sun-Times

Councils are opening the door to tiny houses as a quick, affordable and green solution

Soaring rents and home prices, increasing mortgage stress, record immigration and a growing population are fuelling a housing crisis and increasing homelessness. In the face of this pressing need, tiny houses offer an alternative housing option.

The Conversation

Why have house prices remained so resilient?

City Comment: Dodging a bullet... or the calm before the storm?

Evening Standard

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The Independent UK

Mapped: Average UK house price jumped for second month in a row in November

Across the UK, property values jumped for the second month in a row, rising by 0.5% in November or £1,394.

Kiplinger

11 Reasons to Consider a 1031 Exchange

Deferring capital gains taxes might be at the top of the list, but growing your portfolio and your wealth and helping with estate planning are also compelling reasons.

The Guardian - UK

UK house prices rise again as easing of mortgage rates tempts more buyers

Monthly increase of 0.5% in November comes as average price of property goes up to £283,615, says Halifax

AAP

'Biggest rezoning in history' hailed by housing groups

Plans for a mass rezoning of precincts around NSW train stations have been hailed by housing groups but the changes won't fix short-term accommodation woes.

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news in one place.

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Evening Standard

Build homes on ‘low quality’ areas of London green belt, think tank urges

The Centre for London argues that ten new development corporations should be set up at well-connected sites in the capital's green belt

Radio France Internationale

Italy officially withdraws from China's Belt and Road project

Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign up to the strategy.

AAP

Rental fix hinges on more homes, namely social housing

A parliamentary inquiry has called for continued funding for social housing in a comprehensive report on Australia's rental crisis.

AAP

Rosehill owner bets big on $5b housing, metro plan

Turning a historic Sydney racetrack into homes for 55,000 people became a compelling opportunity once a $500 million metro station was put on the table.

The Hindu

Youth hires gang for murder of business partner in Anantapur, 11 persons arrested

The Anantapur Urban Police on December 6 (Wednesday) arrested eleven persons in connection with a murder involving rivalry between two youths who were once friends, allegedly perpetrated by a hired gang. Superintendent of Police K.K.N. Anburajan said that the accused seemed to have took inspiration from movies to execute the…

The Guardian - UK

Nationwide rescinds ‘work anywhere’ policy and tells staff to come to office

Exclusive: building society overturns previous CEO’s policy, with employees asked to come in for 40% of their contract from January

The Guardian - AU

Bracket creep is cooling Australia’s economy – it’s good news for interest rates but not for household budgets

The weak economy probably means the next RBA rates move – short of an inflation surprise next month – will be a cut

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