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The Latest Breaking News on Real Estate

Crazy Rich Agents: Inside the multi-million pound homes on BBC’s new real estate reality series

A cross between ‘Selling Sunset’ and ‘The Apprentice’, the BBC’s latest reality series gives viewers an inside look at London’s luxury real-estate market

The Independent UK

UK house prices drop for fourth month running, as Halifax predicts ‘gradual decline’ – as it happened

Average house price fell by -0.3% in July, and is 2.4% lower than a year ago, but Halifax doesn’t expect ‘precipitous decline’ in coming months

The Guardian - UK

Should I overpay my mortgage monthly or with a lump sum at the end of each year?

I have a five-year fixed-rate deal, just missed the rising interest rates and want to plan for an uncertain future

The Guardian - UK

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Rental crisis: one in five tenants has faced eviction in the past year over soaring rents

Survey lays bare the state of the market, with tenants forced to attend mass viewings and enter bidding wars to secure a rental home

Evening Standard

House moves out of London have ‘increasingly been driven by need over want’

Higher mortgage rates and affordability pressures mean London leavers are spending £63,735 less typically than those who left in 2022, Hamptons said.

The Independent UK

London leavers at record high as homebuyers are priced out of the capital by mortgage chaos

First-time buyers make up a record 30 per cent of those leaving London this year, new data from Hamptons has found

Evening Standard

More than 60,000 homes in Scotland at risk of repossession – Labour

The Bank of England has warned that the number of people likely to struggle with debt repayments is rising as a result of increasing interest rates.

The Independent UK

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UK’s rental shame: Tenants paying four times as much of income as homeowners on housing

Exclusive: Spiralling costs disproportionately hitting those who don’t own their homes

The Independent UK

Back to the stone age: the sustainable building material we’ve all been waiting for…

It’s strong, plentiful and fireproof, as well as beautiful, yet stone has long been supplanted in the building industry by energy-consuming steel, concrete and brick. A trio of advocates for this age-old material say it’s time for a rethink

The Guardian - UK

Ghana's housing policy and regulation is failing - COVID proved as much

Access to decent housing is a fundamental human right. Across sub-Saharan Africa, however, this right remains an elusive dream for many households.

The Conversation

TV tonight: Our highlights for Sunday, August 6

World on Fire is just one of the gems on TV tonight.

WhatToWatch

Indiana Tops Summer 2023 Emerging Housing Markets List

Three Indiana metro areas lead the recent Summer 2023 Emerging Markets Index from Realtor.com.

Kiplinger

Horoscope for Saturday, August 5, 2023

There are no restrictions to shopping or important decisions. The moon is in Aries.

Chicago Sun-Times

July Housing Squeeze Fueled By Inventory Decline

Housing market struggles continue this summer as inventories and home prices slide, mortgage rates rise, new survey shows.

Kiplinger

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The Hindu

Clear master plan required for sustainable growth, says new CREDAI-TS chairman

The Confederation of Real Estate Developers Association of India (CREDAI) Telangana on Friday announced the election of office-bearers, with the new team now being led by chairman D. Murali Krishna Reddy.

The Independent UK

Duke could close allotments if homes proposal fails, inquiry told

Estate trustees would have a ‘decision to make about permanent closure’, a planning consultant said.

Evening Standard

Life sciences offer an alternative future for some of London’s offices

In what will be seen as a boost for the UK life sciences industry, a flurry of investors are looking to create specialist sites in London

Evening Standard

Student housing in London costs 150% times maximum maintenance loan after huge annual rent hike

Student loans nowhere near cover the cost of renting after a 20 per cent price rise

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news in one place.

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The Independent UK

Construction sector grows despite rate rises dealing ‘hammer blow’ to housing

Commercial building work and civil engineering offset sharp falls in residential house building, an influential survey showed.

Kiplinger

Experts Share the Real Estate Investing Trends They're Seeing Now

We asked some of our contributing financial experts to tell us about real estate investing trends they’re seeing right now and how investors might jump on board.

The Independent UK

The devastating mental health impact of soaring mortgage costs

A mental health charity says mortgage worries are taking a toll

The Independent UK

UK government ignoring housing crisis faced by Roma communities, experts warn

Exclusive: New report finds Roma people continue to face heightened risk of overcrowding and poor housing

The Independent UK

Is now a good or a bad time to put your home on the market?

Uncertainty over mortgage rates and house prices mean would-be house sellers have some careful weighing-up to do. By Vicky Shaw.

The Guardian - AU

RBA predicts weaker economy for the rest of 2023 as cost of living pummels households

The Reserve Bank’s latest update predicts wage growth to remain steady but rent inflation will increase

The Hindu

Realtors look for much-needed government support, says CREDAI leader

Confederation of Real Estate Developers Association of India (CREDAI) Srikakulam district president Harika Prasad implored the State government to come to the aid of the crisis-ridden construction industry. Speaking to The Hindu on Thursday, Mr. Prasad, who has 26 years of experience in real estate, said many builders have shelved…

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