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The Latest Breaking News on Real Estate

Average asking price for home in UK drops by £7,000 in December

Prices usually decrease at this time of year but fall is greater than 20-year average owing to high mortgage rates, says Rightmove

The Guardian - UK

Average price tag on a home tumbles by nearly £7,000 in December

Across Britain, the average asking price for a home coming on the market fell by 1.9% or £6,966 in cash terms this month, Rightmove said.

The Independent UK

London house prices tumble by over £6,200 in December

House prices in the capital have fallen another 0.9 per cent since last month as sellers try to attract buyers

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Levies proposed for new developments to fund affordable housing

The proposal aims to boost supply of affordable homes.

Newcastle Herald

IT Expressway: where tallying infra and investment is a tall task

The Hindu

Affordable housing development set for North Lawndale groundbreaking

Grace Manor, with 65 apartments, is expected to be completed in 2025.

Chicago Sun-Times

Lights, Camera, Century! Hollywood Sign Hits 100

The nine-letter sign is officially a centenarian but, as with many an aging grande dame in Hollywood, looks as fresh as ever.

Latin Times

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How one English town fought cookie-cutter housing by daring to dream a different future

The people of Frome, in Somerset, weren’t ready to have their heritage built over with the same cheap developments that bedevil much of the UK, says Guardian columnist John Harris

The Guardian - UK

Government to toughen scrutiny of international students as it slashes net migration over two years

Australia’s net-overseas migration levels will be cut dramatically over two years to bring the country’s exploding intake back to sustainable numbers.

The Conversation

Bank of England, Fed and ECB poised to leave interest rates on hold

Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

The Guardian - UK

One in 10 children in parts of London are ‘effectively homeless’, data shows

Number of under-18s living in temporary accommodation in England reaches 139,000 with most from families in the capital

The Guardian - UK

Villagers in historic garden suburb furious over plans to 'destroy' park

FURIOUS villagers living in Scotland’s only garden suburb have slated a council over plans to rebuild a primary school on a treasured green space.

The National (Scotland)

Tax hikes for foreigners investing in Australian homes

Australia will hike taxes and fees for foreign investors who buy existing houses and leave them empty in a bid to address housing stocks.

AAP

Tale of two cities: $4m gap between dearest and cheapest streets

See the full list of the most expensive and most affordable streets.

Newcastle Herald

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Cinemablend

Todd Chrisley Finally Broke His Silence On Prison And Made Claims About The Food, Being Photographed While He Was Sleeping And More

Todd Chrisley is finally speaking for himself amid his imprisonment, and he made several accusations.

Evening Standard

10 of London's most expensive uber rentals to let now for as much as £100k per month

Ultra-high-net-worth individuals are now more likely to rent than buy in the capital. These top-of-the-market lets might tempt them to move in

Evening Standard

Pick up in activity in central London's prime housing market, figures suggest

Prime central London has become the latest part of the housing market to show signs that industry pains are easing, after a tumultuous period since the fallout from the 2022 mini-Budget.

International Business Times

US Home Affordability Drops To Lowest Level On Record

Home affordability in America dropped to a record low in 2023, according to a report from the real estate brokerage firm Redfin released Thursday.

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The Guardian - AU

Liberals need to reconsider negative gearing and housing policies, outgoing Victorian MP Matt Bach says

Former frontbencher says the Coalition has an opportunity to win over Millennials and Gen Z voters struggling to enter the housing market

Evening Standard

“Squeeze set to get worse” as rents set to outstrip housing benefits 14% by 2025

The Chancellor’s temporary measures will do little to help the rent, cost-of-living and homelessness crisis, warns action group

The Hindu

‘Tamil Nadu Unlimited’ summit to be held on December 12

Tamil Nadu Unlimited summit to be held in Chennai on Dec 12 to highlight potential of different sectors. Seven panel discussions to be moderated by The Hindu's journalists. Co-presenting partner Guidance Tamil Nadu, powered by Veranda Learning and SBI. VFS Global, Nippo, CREDAI, Sify Technologies, Nippon Paint, Avtar Group, MIOT…

Evening Standard

Berkeley boss calls for 'brownfield first' planning reform to boost London house building

Rob Perrins

Evening Standard

The one renovation that could double the value of your house (and make an enemy of your neighbours)

Digging down is the best way to send your house price soaring, according to new analysis

The Texas Tribune

Austin will now allow more homes to be built on single-family lots

City officials hope that allowing up to three units per lot will increase supply and slow the explosive increase in housing costs. The measure was approved by Austin City Council in a 9-2 vote late Thursday night.

Newcastle Herald

Sneak peek inside new home on one of Bar Beach's most tightly held streets

The median house price in Bar Beach is $2.12 million.

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