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The Latest Breaking News on Real Estate

Building companies feel they must sacrifice quality for profits, but it doesn’t have to be this way

The Australian construction industry has long been facing a crisis of serious defects in apartment buildings. In the past, alarming incidents such as the Sydney Opal Tower evacuation and the Melbourne Lacrosse fire signalled systemic problems in construction.

The Conversation

Falling apprentice numbers a worry for housing targets

Lacklustre trade apprenticeship numbers do not bode well for an industry short of the manpower to meet national home-building targets.

AAP

The eye-watering numbers that paint a picture of a journalism industry propped up by real estate cash

Last week Nine’s Domain became worth more than its parent company. What other numbers stand out in the relationships between the media and real estate industries?

Crikey

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read the most diverse news in one place.

Hurricane-Destroyed Florida Home Listed on Zillow While Still Smoldering: 'The Pool Remains Undamaged'

Reddit users were shocked to find a Zillow listing for a Florida home destroyed by Hurricane Helene.

Latin Times

Investigation finds widespread discrimination against Section 8 tenants in California

An undercover investigation found that California tenants who held Section 8 housing vouchers were refused rental contracts by more than 200 landlords, including major real estate firms

The Independent UK

Green light for hundreds of new homes in Tooting as City Hall overrules Wandsworth Council

An NHS doctor told City Hall it would be a ‘lost opportunity’ for the ‘derelict’ site to ‘go unused’ in the midst of London’s housing crisis

Evening Standard

Housebuilder Vistry loses more than £1bn in value after profit warning

FTSE 100 company once known as Bovis Homes says profits will shrink over three years after it underestimated building costs

The Guardian - UK

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Home of Belmont Christian College founders listed for first time in 37 years

'There is a lot of history behind it all'.

Newcastle Herald

Bishopscourt mansion at The Hill listed for record-breaking $12m to $13.2m

The property last sold for $5 million.

Newcastle Herald

Fresh pitch to break deadlock on home buyer help scheme

Deadlocked legislation to help first-home buyers with low deposits has returned to federal parliament as government urges opponents to put differences aside.

AAP

Novocastrians really want to be real estate agents: study

It was the city's most searched career path.

Newcastle Herald

Foreign tensions, domestic impasses await at parliament

As the government looks to resolve a deadlock on housing and push wage increases through parliament, conflict in the Middle East is set to overshadow debate.

AAP

Scottish charity boss calls for more support for student homelessness

THE founder of a Scottish charity has called for greater support for students at risk of homelessness after a report revealed a shortage of more…

The National (Scotland)

Mapped: UK house prices rise again for third month in a row to near record high

The typical property value has risen by around £13,000 over the past year, Halifax said

The Independent UK

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Kiplinger

Election Could Reshape Opportunity Zones and 1031 Exchanges

Trump and Harris have divergent approaches to qualified opportunity zones and 1031 exchanges. See how each could fare under their administrations.

The Guardian - UK

UK house prices rise for third month in a row to near record high

Halifax says rising pay and falling interest rates help make mortgages more affordable for some homebuyers

The Guardian - UK

Anger over ‘BP abandoning goal to cut oil output’; 2,000 jobs saved, 1,000 lost, after TGI Fridays sale – as it happened

BP CEO Murray Auchincloss has dropped a target to cut oil and gas output by 2030, reports Reuters

The Guardian - AU

Labor’s Help to Buy housing bill is darkening parliament’s doors again. Will this time be any different?

For each of the parties, the debate has little to do with the number of people in the scheme or their finances. It has become a political symbol

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The Independent UK

Rachel Reeves warned potential £50bn spend could cause interest rates to surge

The government is considering changing its fiscal rules to give it more room to borrow

The Independent UK

Takeaways from AP's report on affordable housing disappearing across the U.S.

While Americans continue to struggle under high rents, as many as 223,0000 affordable housing units could disappear in the next five years alone

The Independent UK

As affordable housing disappears, states scramble to shore up the losses

While Americans continue to struggle under high rents, as many as 223,0000 affordable housing units could disappear in the next five years

The National (Scotland)

John Swinney to announce support for islands projects Monday during Shetland visit

First Minister John Swinney is to attend a meeting in Shetland on Monday which aims to help drive economic growth and address key regional issues in…

The Guardian - AU

‘Last resort’ home repossessions on track for decade high in NSW as households hit financial cliff

More mortgage holders facing high interest rates and living costs are ending up under extreme stress and unable to afford repayments

The Guardian - AU

‘Our houses are too big’: Grand Designs’ Anthony Burke on the best and worst of Australian architecture

The architecture professor on homes with more bathrooms than occupants – and how the Sydney metro might renew confidence in the benefits of good design

AAP

RBA minutes to paint picture behind interest rate call

More information on why the Reserve Bank chose to leave interest rates on hold for the seventh meeting in a row will be released on Tuesday.

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