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The Latest Breaking News on Real Estate

Gold bars and Sen. Bob Menendez's curiosity about their price takes central role at bribery trial

Prosecutors have shown jurors at Sen. Bob Menendez's trial multiple instances when he researched the value of gold as he tried to help a New Jersey businessman who authorities say bribed him with gold and cash

The Independent UK

Plucking numbers from the air: Victoria’s big build for housing relies on impossible targets

The Victorian government this week gave the state’s local councils a gargantuan task: solve the housing crisis by accelerating new housing.

The Conversation

Stock Market Today: S&P 500, Nasdaq End Lower as Nvidia Sinks

The Dow Jones Industrial Average, on the other hand, closed higher thanks to strength in Salesforce.

Kiplinger

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read the most diverse news in one place.

Scottish Government housing crisis plan 'fatally undermined' by cuts, experts warn

A COALITION of leading housing and anti-poverty organisations have accused the Scottish Government of “proceeding with business as usual” amid a…

The National (Scotland)

Housing market seeks Fed rate-cut relief as sales slump

Higher mortgage rates aren't just a problem for buyers.

The Street

Bank of England leaves interest rates on hold at 5.25%

Monetary Policy Committee decision means that there is no chance of a cut in borrowing costs before August

Evening Standard

No fall in interest rates despite inflation hitting 2% target, Bank of England announces

No relief for borrowers as Bank of England base rate to remain at 5.25 per cent at least until August

The Independent UK

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Build 90,000 social homes a year to stop homelessness ‘cliff edge’, over 50 charities write

Exclusive: Major parties urged to make ending homelessness a priority in the next government

The Independent UK

No-cause evictions have the potential to hurt renters – with little gain for good landlords

Housing security for New Zealand’s 1.7 million renters could be threatened if the Residential Tenancies Amendment Bill becomes law.

The Conversation

Labour under pressure to be more radical about reforming private renting

Campaigners fear current plans will allow landlords to find new ways to evict tenants if party wins power

The Guardian - UK

What is Private Mortgage Insurance and How Does It Impact Buying a Home?

An explanation of private mortgage insurance, which has become more relevant with rising home prices and higher mortgage rates.

Kiplinger

One in four Latino households in Houston earned enough to buy a median-priced home in 2023

According to the Houston Association of Realtors, Latinos rank dead last among all ethnic groups, followed closely by Blacks

Latin Times

Australian house prices expected to spike again

Australian home prices are set to hit new heights as population growth, construction challenges and borrowing power hits the market.

AAP

3 Diversified REITs to Boost Your Portfolio Returns

With offerings like a stable income stream, risk mitigation, and potential for capital appreciation, investing in diversified REITs can appeal to different types of investors. Thus, it could be wise to invest in top diversified REITs Lamar Advertising (LAMR), Daito Trust Construction (DIFTY), and Ladder Capital (LADR) to boost your…

StockNews.com

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International Business Times

US Billionaire Eyes TikTok Takeover To Save Internet From Big Tech

Frank McCourt, a US real estate billionaire, aims to buy TikTok to rescue the internet from the clutches of major platforms that he firmly believes are destroying society and endangering children.

Evening Standard

Average London house prices down 4% annually in April — could cheaper mortgages be ahead?

The house price figures were released as data showed that inflation slowed to 2% in May.

Evening Standard

London property giant Iacobescu to retire after 36 years at Canary Wharf

The 78 year old was the first Romanian born British citizen to be knighted in 2012.

The Independent UK

How do interest rates affect inflation and mortgages?

Hopes have been raised that lower levels of inflation will mean interest rates cuts and in turn lower mortgage costs

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The Independent UK

Average UK house price increased by 1.1% annually in April

The house price figures were released as data showed that Consumer Prices Index (CPI) inflation slowed to 2% in May.

The Guardian - UK

Berkeley returns to build-to-rent market amid London housing shortage

Housebuilder aims to create 4,000 private rental homes in UK capital and south-east over next decade

Dynamite News

Uttar Pradesh: ED files second prosecution complaint in Shine City fraud case

The Enforcement Directorate (ED) filed a prosecution complaint in a Rs 1,000 crore alleged money laundering case against real estate firm Shine City, whose owner and officials have been booked by police in over 550 FIRs lodged across Uttar Pradesh, the agency said on Wednesday. Read further on Dynamite News:

AAP

Victoria's social housing plan fails to consider demand

Homes Victoria, which manages social housing, lacks a plan to target areas in the state with the highest level of demand, a report says.

The Independent UK

Prosecutors try to link alleged bribes of Sen. Bob Menendez to appointment of federal prosecutor

Prosecutors at the trial of Sen. Bob Menendez are using the testimony of his former campaign manager to try to link alleged bribes of the Democrat to the appointment of New Jersey's top prosecutor

Newcastle Herald

Beachside and country surprise: Hunter's wealthiest suburbs revealed

Tax data shows the average income of each postcode.

AAP

Inflation-wary Reserve Bank spells long wait for cuts

Stalling progress on inflation has the central bank on high alert as political sparring continues over the impact of state and federal budgets on prices.

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