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The Latest Breaking News on Real Estate

Analyst who predicted interest rates recent rise unveils new target

A veteran analyst with over 50 years of experience updates his interest rate outlook.

The Street

Brock got the news the day he asked for repairs – one of 30,000 NSW renters evicted without a reason each year

Some states have banned or restricted no-grounds evictions, but advocates say they continue to magnify the power imbalance in the rental market

The Guardian - AU

Despite Rising Latino Homeownership Rates, National House Affordability Issues Persist

The average income that Americans must make has sharply increased in the past four years. However, Latino homeownership rate remains at an all-time high.

Latin Times

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4 Mortgage REITs Generating Solid Returns

Despite facing challenges from rising interest rates, a potential rate cut this year should provide a favorable outlook for the mortgage real estate sector. So, fundamentally solid mortgage REITs KKR Real Estate Finance (KREF), BrightSpire Capital (BRSP), Lument Finance (LFT), and Rithm Capital (RITM) might be ideal buys for solid…

StockNews.com

Double taxation rampant on properties in Hyderabad

Hyderabad professional faces double property tax due to multiple PTIN generation, highlighting issues in GHMC's tax regime.

The Hindu

Kyle Richards And Mauricio Umansky Take Break From Couples Therapy

Kyle Richards and Mauricio Umansky take a break from couples therapy amidst ongoing marital issues. Despite separation, they focus on co-parenting.

Top News

Average London house prices spring up 1.2% in March, reports Nationwide

The average price for a house in the capital is currently £519,505

Evening Standard

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London house prices pull ahead in reversal of ‘race for space’

London now has the fastest rising property prices in the south of England

Evening Standard

Rate hike talk ditched as RBA keeps options wide open

Minutes from the last Reserve Bank of Australia board meeting suggest everything is going according to plan - for now.

AAP

Hunter group launches to put politicians under pressure

'This is about a fair go for the Hunter.'

Newcastle Herald

HC grants breather to police officer-turned-realtor in Telangana

Telangana High Court directs Hyderabad police not to take coercive steps against former officer in land grabbing case.

The Hindu

France's winter housing 'truce' ends, advocates warn of record evictions

Housing advocates in France are sounding the alarm over what they say is a worrying increase in the number of people who could end up kicked out of their housing as the yearly winter eviction moratorium comes to an end. People who are unable to pay rent are once facing…

Radio France Internationale

Australian house prices hit record high for fifth consecutive month

CoreLogic data shows prices rose 0.6% in March while separate index from PropTrack produces similar results

The Guardian - AU

‘Life-critical’ cladding problems affect 2,000 social housing blocks in England

Flammable material found in more than one in 10 blocks over 11 metres tall, and action is urged on smaller buildings, government figures show

The Guardian - UK

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The Guardian - UK

Tenants are trapped in a collapsing housing system

Letters: Social housing tenants are suffering just as much as those in the private rented sector, writes Suzanne Muna. Plus letters from Derrick Joad, Rosemary Walker and Bob Colenutt

The Hindu

Water woes: BWSSB to lay 500 metre pipelines and use tankers up within 5 km radius to supply treated water to construction projects

To encourage the usage of treated water for construction activities, the Bangalore Water Supply and Sewerage Board will lay separate pipelines covering an area of up to 500 metres from private apartments and the board’s sewage treatment plants (STP), to ensure continuous and adequate supply of water to construction sites.

The Guardian - UK

Can this ‘ethical capitalist’ solve the UK’s social housing crisis?

Julian Richer, a landlord himself, says markets have created only disaster and the nation must shift from its focus on ownership

The Guardian - UK

‘This hits the wrong people’: holiday let owners say Hunt’s scrapping of tax relief won’t affect rich

Wealthy second home owners who can afford to allow them to sit empty will carry on, say those with small holiday lettings

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The Guardian - UK

How council taxes and the budget are pushing owners to de-list second homes in England and Wales

Wales led the way in tackling the problem of empty properties and priced-out locals – and now Jeremy Hunt has weighed in

The Guardian - UK

Outrage as residents in England’s ‘affordable’ housing forced to pay thousands of pounds extra in service charge

Pressure on Michael Gove to act as householders see bills rise 40%, with many saying that they cannot afford to pay

AAP

Reserve Bank's shift to neutral likely to be reinforced

The central bank will be in the spotlight this week, when high ranking officials give policy speeches and the minutes of the last rates meeting are released.

Kiplinger

Most Expensive States to Live in for Homeowners

High property tax bills make the places on this list the most expensive states for homeowners to live in.

Kiplinger

Should You Pay Cash When You Downsize? Here Are Three Scenarios

The proceeds from selling your current home have made it possible to pay cash for your retirement home, but should you skip the mortgage?

The Guardian - UK

‘From another galaxy’: Hunt makes few friends in Surrey town with £100k remarks

In Godalming, chancellor’s words chimed with concerns about housing but fuelled perception of Tories being out of touch

Newcastle Herald

Calamari Kitchen springs to life in former subo building

Chef Rahul Kirtikar has taken over the lease at the former subo.

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