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The Latest Breaking News on Real Estate

UK house prices rise 1.3% in January as mortgage rates tumble

Prices were up 2.5% year-on-year, but in London they were slightly down on January 2023

Evening Standard

Uber posts first full-year operating profit as a listed company – business live

2023 was an “inflection point for Uber”, says CEO Dara Khosrowshahi

The Guardian - UK

China's Property Bubble Bust Is Beginning To Look Like Japan's

China's slide into deflation came when Japan was snapping out of it. In the third quarter of 2023, Japan's residential property price index rose at an annual rate of 2.4%, following an even more significant rise in the previous two quarters.

International Business Times

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Companies connected to Spotlight site redevelopment go under

The St Hilliers construction business has collapsed.

Newcastle Herald

More social housing as cost-of-living crisis hits hard

Homelessness organisations have painted a dire picture of the crisis facing Queensland as the government announces more social housing but admits it takes time.

AAP

Housing revolt erupts over NSW plan to ramp up building

A battle over housing is underway between the NSW government and local councils, which claims communities are being kept in the dark about zoning changes.

AAP

Yellen Says US Commercial Property Concerns 'Manageable'

US Treasury Secretary Janet Yellen expressed concern Tuesday about the commercial real estate sector in the current environment of higher interest rates -- but added that the overall situation should be "manageable."

International Business Times

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Yellen confident in economic recovery despite real estate concerns

Treasury Secretary Janet Yellen expresses confidence in the strong US economy, citing low unemployment and robust job creation, despite concerns about infl...

Top News

Beecher Terrace low-income housing tax credit program faces criticism

The article discusses the flaws and inefficiencies of the Low-Income Housing Tax Credit (LIHTC) program in the US and suggests alternative solutions.

Evening Standard

DLR extension: TfL launch consultation to extend light railway to Thamesmead

TfL has said that the proposed route to Thamesmead could potentially be extended to Belvedere and beyond

Tom’s Guide

This stacked monitor is a game changer for my home setup — here’s why

The Geminos T stacked monitor system started life as a Kickstarter project back in 2022

AAP

It's rubbish: TikTok MP trashes 'lazy' youth cliche

One of Australia's most-followed MPs on TikTok says older generations are too lazy and careless to show up on the platforms youth use.

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Evening Standard

London leaver: 'my mortgage in Cheshire is just £400 a month compared to £1,200 on rent in Finsbury Park'

Luke McDowell had no money left over after rent living in London, but with his £175k house near Manchester he has plenty of disposable income

Newcastle Herald

Highfields auction results in suburb record $1.53m sale

There were 37 auctions scheduled in Newcastle and Lake Macquarie.

Evening Standard

Where to buy in Hampshire: five of the best cities, towns and country villages for commuting to London

From the charming Cathedral city of Winchester to the village of Hartley Witney complete with its own duck pond, these Hampshire homes are still close to London

USA Today Sports Media Group

Titans’ Ryan Stonehouse starting 2nd career as real-estate agent

Titans punter Ryan Stonehouse revealed he is starting a second career in real estate.

AAP

Developer discounts to help address housing supply woes

Apartment block developers will not have to pay $350 million in state government charges if they build medium density homes that help fix housing supply issues.

The Guardian - AU

Australian housing approvals sink to lowest level in 12 years amid rising costs and planning delays

NAB survey finds construction costs and interest rates primary concern among borrowers, while developers cite lengthy approvals process

Caixin Global

China Monthly New Property Sales Plunge to Five-Year Low

The country’s 100 biggest developers took in $33 billion in January, down 34.2%, as the ailing sector continues to grapple with a liquidity crisis

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