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The Latest Breaking News on Real Estate

City voices: London pulls ahead of rival New York on these key economic metrics

London is ahead of New York on metrics including office occupancy and jobs, writes Alexander Jan

Evening Standard

A Melbourne Cup Day rate rise would not be tough on inflation, it would just be cruel

Australians are already getting hit by higher costs for necessities, reducing their ability to save and spend money on non-essential goods and services

The Guardian - AU

Is London's post-pandemic rebound 'clobbering' New York?

City Voices: New York Post real estate journalist Steve Cuozzo says London is “clobbering the Big Apple” with its post-Covid regeneration. Is he right?

Evening Standard

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Hong Kong cuts taxes for foreign home buyers and stock traders as it seeks to maintain global status

Hong Kong’s leader has cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub

The Independent UK

UK house prices will not stop falling until 2025, Lloyds predicts

Britain’s biggest mortgage lender forecasts 5% drop over this year and another 2.4% decline in 2024

The Guardian - UK

Grim end to year predicted for Labor with high chance of at least two more interest rate rises

Strong quarterly inflation figures sends market scrambling as odds on for interest rate hike at Reserve Bank’s Melbourne Cup Day meeting

The Guardian - AU

Trump valued properties at 'whatever number' he picked, former lawyer Michael Cohen testifies

Mr Trump allegedly said 'I'm actually not worth $4.5 billion, I'm really worth more like 6'

Evening Standard

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Trump rages as Cohen takes the stand

Trump "arbitrarily" inflated the value of his real estate assets, Cohen testified Tuesday

Salon

Remote employees ‘don’t work as hard’, says head of world’s biggest commercial landlord

Steve Schwarzman of the Blackstone group said staff want to work from home so they can save money

The Guardian - UK

Mapped: The most and least affordable places to rent in the UK

Almost half of monthly income in some households spent on even ‘lower-priced rents’ in capital

The Independent UK

London workspaces: Landsec's Marcus Geddes on Lucent, demand and if five-day office week will return

Sat behind the capital's most famous advertising board, Marcus Geddes sounds confident that property giant Landsec will have no trouble lining up a tenant for the last remaining floor of office space at Lucent, a large West End island site that has undergone a major redevelopment and is home to…

Evening Standard

To tackle homelessness faster, LA has a kind of real estate agency for the unhoused

A Los Angeles program aggressively scouts vacant units and lobbies landlords in one of the country's tightest real estate markets. Some landlords offer up units even before putting them on the market.

WEKU

Revealed: the five cheapest postcodes to rent a room in London right now

Looking to find a spot in a house-share that won't bankrupt you or leave you with a 90-minute commute? Check out these areas where typical costs are under £775 per month

Evening Standard

From loyal Trump lawyer to his mortal enemy: who is Michael Cohen?

Once the ‘guy who would take a bullet’ for the ex-president, the 57-year-old is now a key witness in the New York fraud trial

The Guardian - US

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Newcastle Herald

Housing estate at Teralba gets tick of approval despite 26 objections

The housing estate is being developed by a company former councillor Luke Cubis is a shareholder in.

Evening Standard

London new homes: planning submitted for £2bn, 2,500-home canalside neighbourhood in Ladbroke Grove

The plans are the biggest seen in central London this year but the affordable housing provision falls short of the Mayor's targets

Newcastle Herald

Property that runs entirely off-grid listed in Pokolbin

The wine country acreage is listed with a guide of $2.5m to $2.75m.

The Guardian - UK

More than 1 million UK children experienced destitution last year, study finds

Severe material hardship no longer a rarity, as study reveals impact of benefit cuts and cost of living crisis

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news in one place.

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Newcastle Herald

Mayor accused of taking 'passive aggressive cheap shots'

'We bring lots of stupid things here that waste staff time quite regularly.'

Newcastle Herald

Inside the idyllic Dudley acreage with a $5m price tag

The home comes with a 25-metre pool.

The Independent UK

Tory MPs oppose Government’s plans for reform of rental housing sector

A group of Conservative MPs said the Renters Reform Bill would add ‘to the burden of landlords’.

Newcastle Herald

Wallsend's Ye Old Pub sells prior to auction

New owners set to keep 'Ye Old Pub' sign.

The Guardian - UK

The Guardian view on rising homelessness: a crisis made in government

Editorial: The chronic insecurity caused by a lack of suitable housing is the direct consequence of policy choices

Evening Standard

UK housebuilder giants set for tumble in annual completion numbers, analysis shows

The housing industry has been grappling with various challenges from soaring mortgage costs hitting buyer demand, to the Help to Buy scheme closing to new applicants last October

The Independent UK

Woman returns from vacation to find her home was accidentally demolished

A homeowner is mulling the next step after a company mistakenly demolished a home she owned in southwest Atlanta

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