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The Latest Breaking News on Real Estate

Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves

The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February

Evening Standard

Chinese Give Guarded Welcome To Spending Subsidies

Beijing is hoping subsidies for rice cookers, microwave ovens and smartphones can boost sluggish spending and help the country weather an economic storm from incoming US president Donald Trump.

International Business Times

A 100% tax on Brits buying homes in Spain sounds satisfying – but it won’t solve our housing crisis

Making visitors pay more may bolster Treasury revenues, but it’s no match for building more houses, writes Spanish journalist María Ramírez

The Guardian - UK

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read the most diverse news in one place.

Facing the demolition of her Melbourne home, Ella gets a new flat – in another tower slated for destruction

Scores of public housing tenants are saying no to moving into buildings the state government plans to replace

The Guardian - AU

Sunbury-on-Thames sees biggest house price rise in UK in 2024

Surrey town saw 12.5% increase in asking prices last year with rest of UK rising just 1.4%, according to Rightmove

The Guardian - UK

House sales, prices and buyer inquiries increased in December – surveyors

Signals around housing market expectations for the next 12 months ‘remain solidly positive for now,’ surveyors reported.

The Independent UK

Survivors Count The Mental Cost Of Los Angeles Fires

When the Pacific Palisades neighborhood of Los Angeles went up in smoke, Alexander Swedelson lost his apartment, but also a bit of his identity: the flames ravaged the businesses he loved, the trails he ran, and even the place he fished.

International Business Times

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NY federal judge denies bail for two real estate brokers and their brother in sex trafficking case

A federal judge in New York City says two luxury real estate brokers and their brother accused of raping dozens of women over more than a decade will remain in jail to await their trial on sex trafficking charges

The Independent UK

'Housing is a human right': MSPs back tax increase on second homes in Scotland

THE Scottish Parliament has backed an increase to the tax paid when buying second and holiday homes, in an effort to raise more than £30 million…

The National (Scotland)

Gavin Newsom Prohibits Offering To Buy People's Property

The California governor is using state of emergency powers to make unsolicited offers to buy people's property in fire-affected areas "for an amount less than the fair market value."

Reason

Prosecutors Discover Damning Video Footage of Florida Brothers Accused of Serial Rape

Federal prosecutors say recently found videos and pictures support sex trafficking charges against the Alexander brothers and show the manipulation of women's bodies for the purposes of sex.

Latin Times

‘Criminally reckless’: why LA’s urban sprawl made wildfires inevitable – and how it should rebuild

A century of foolhardy development, including public subsidies for rebuilding in the firebelt, hugely contributed to this tragedy, writes our architecture critic. LA must rethink – and build upwards not outwards

The Guardian - UK

Buyer's market: 2025 to bring relief to home buyers

A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.

AAP

Heroes and villains of the LA wildfires: Jason Oppenheimer from Selling Sunset stands up for renters

The Selling Sunset star’s anti-landlord sentiment is a breath of fresh air amid the smoke and scams

Evening Standard

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The Independent UK

Missing sisters did not tell family of plans to leave rented flat

Eliza and Henrietta Huszti, both aged 32, were last seen near the River Dee in Aberdeen in the early hours of Tuesday January 7.

Evening Standard

London was the only UK region to see house price falls in year to November 2024

A surprise slowing in inflation has boosted hopes that mortgage rates could ease

The Guardian - UK

Labour faces costs of £50bn to replenish affordable housing after right to buy, report says

Margaret Thatcher’s 1980s policy turbocharged the sale of council homes, contributing to ‘worst housing crisis in living memory’

StockNews.com

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news in one place.

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Evening Standard

Reforms to renters’ rights move a step closer to becoming law

There were warnings in the Commons that tenants are being evicted before the new protections can be introduced.

The Conversation

Nothing new under the sun: Australia’s long history of missed chances to build sustainable homes

Australians are no strangers to housing crises. Some will even remember the crisis that followed the second world war. As well as producing the popular mid-century modern style of architecture, these post-war decades were a time of struggle.

Evening Standard

Tenants being evicted before new rental laws come in, warns former Labour leader

Jeremy Corbyn said landlords are using ‘unreasonable arguments’ to end tenancies early before the Renters’ Rights Bill becomes law.

The Guardian - UK

Councils ‘keen’ to help Home Office move asylum seekers out of hotels

Authorities in England and Wales say they want to help house refugees, amid concern about local tensions

AAP

Australia has 'well and truly passed' rental boom peak

Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.

The Guardian - AU

Middle-income Australians experiencing rental stress with a third of pay spent on housing, report shows

Rent has increased by 36% nationally since Covid, CoreLogic finds, which equates to an extra $171 a week on average

The Guardian - UK

Landlords in England face ban on ‘outrageous’ upfront charges

Angela Rayner amends renters’ rights bill to limit rent that can be charged in advance, as MPs prepare to debate it

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