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The Latest Breaking News on Real Estate

Penny-pinching NSW budget lacks vision and offers few solutions to state’s most pressing problems

The Minns Labor government appears obsessed with keeping the state’s AAA ratings – so citizens of New South Wales will just have to wait

The Guardian - AU

NSW budget 2025 winners and losers

Developers and police the big winners in state budget while injured workers and koalas lose out

The Guardian - AU

Housing push the centrepiece of NSW budget which projects $3.43bn deficit next financial year

Financial position of Australia’s most populous state then expected to improve with a projected surplus by 2027-28

The Guardian - AU

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Florida condo owners will get financial relief under a new law

Florida condominium residents grappling with the steep cost of building improvements will get some financial relief under a new bill signed into law by Republican Gov. Ron DeSantis

The Independent UK

Health levy a bitter pill to mend sick territory budget

Ratepayers will cop a $250 levy to help plug a health funding shortfall in the ACT budget, which also included investment in housing and cost-of-living relief.

AAP

US Existing Home Sales Little-changed On Sluggish Market

Sales of existing homes in the United States were tepid in May, according to industry data released Monday, as high mortgage rates weighed on the market.

International Business Times

Badenoch ‘looking at Danish ghetto laws’ in push for ‘active integration’

Under Danish law, social housing areas with high levels of deprivation and a ‘non-Western’ population above 50% are declared ‘parallel societies’.

Evening Standard

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Voices: When US presidents talk of regime change, we must be careful what they wish for

COMMENT: With Donald Trump apparently warming to the idea of overthrowing Iran’s theocratic rulers, history reminds us that whenever the White House upturns an unsatisfactory regime, from Fidel Castro to Saddam Hussein, it contrives only to make matters worse, says Sean O’Grady

The Independent UK

What to Know About Mortgage Escrow Accounts

Escrow accounts ensure that you pay your bills for home insurance and property taxes.

Kiplinger

Hundreds of 'slum-like' homes still infested with damp and mould despite London council coming out of special measures

Exclusive: More than 800 properties in Croydon with excess moisture or fungi issues have not been fixed, four years after Regina Road scandal that shocked the nation

Evening Standard

Driver accused of killing Million Dollar Beach House star thought she hit traffic cone, court hears

The accused driver, Amanda Kempton, found the suitcase of Hampton’s realtor Sara Burack wedged under her car

The Independent UK

Voices: Could Angela Rayner’s squeeze on landlords hurt the very people it’s supposed to help?

COMMENT : The deputy prime minister’s plans to reform the rental housing market are well intentioned – and built on ideas first mooted by Michael Gove – but, says James Moore, if they end up restricting supply, renters will suffer the consequences

The Independent UK

Driver arrested after realtor who appeared on Netflix’s ‘Million Dollar Beach House’ killed in hit and run in the Hamptons

Sara Burack, a realtor from Netflix’s Million Dollar Beach House, was killed in a hit-and-run in Hampton Bays on Thursday.

The Independent UK

Sara Burack: Hamptons Real Estate Agent Killed in Hit-and-Run Outside Villa Paul Restaurant

Hamptons real estate star Sara Burack was tragically killed in a chilling hit-and-run outside Villa Paul Restaurant in the dead of night.

International Business Times UK

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Salon

On Iran, Trump is as befuddled as ever

America's alleged strongman can't seem to make a decision

The Guardian - UK

Ministers set out plans to spend £725bn on UK infrastructure over 10 years

Government strategy includes spending £9bn a year on fixing schools, hospitals, courts and prisons

Kiplinger

Divorce and Your Home: An Expert's Guide to Avoiding a Tax Bomb

Your home is probably your biggest asset, so if you're getting a divorce, the stakes are high. Keep it? Sell it? You need to have a good plan in place for how to handle it.

AAP

Pedal to the metal for home prices as rates fall

Sydney and Melbourne are expected to be the fastest-growing property markets in 2025/26 as mortgage rates fall, Domain forecasts shows.

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The National (Scotland)

Student high-rise flats approved by council as objectors branded 'mental'

A high-rise student accommodation development near Glasgow’s riverside has been given the go ahead, as objectors to the scheme appeared to be…

The Guardian - AU

Chris Minns to reveal NSW plans to bolster housing construction

‘You can’t build new homes without roads, parks and schools to match, and the community shouldn’t have to wait for them,’ premier says

The Guardian - US

New York City might elect a truly progressive mayor – thanks to ranked-choice voting

Mamdani’s campaign deserves credit for offering a clear, inspiring, progressive message. But ranked-choice voting is also helping make him competitive

Evening Standard

Average London property prices unexpectedly jumped by more than £14,000 in April

The average cost of a home in the capital rose 2.6% during the month from £552,402 to £566,614 according to the Land Registry .

The Independent UK

The number of homeowners using interest-only mortgages

With interest-only mortgages, borrowers only pay the interest on their debt, rather than paying down the capital

The Independent UK

Voices: Can I fix the housing crisis? Yes, I can…

COMMENT: People have always underestimated me, says Angela Rayner – but I promise I will hit my target to build 1.5 million new homes… and here’s how I’ll do it

The Independent UK

Voices: What do you have to do to sell your home in a property downturn?

COMMENT : As Rightmove reports that homeowners in London and the South East are slashing asking prices, James Moore suggests things you can do to secure a sale

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