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The Latest Breaking News on Real Estate

Average long-term US mortgage rate falls to 6.35% this week, lowest level in 5 weeks

The average long-term U.S. mortgage rate fell this week to its lowest level in five weeks, welcome news for house hunters looking for an edge as they navigate a housing market constrained by a near-historic low number of homes for sale

The Independent UK

Council threatens to FLATTEN woman's porch and make her pay for the demolition

A woman has been fined for erecting a porch without permission - and now council officials have threatened to flatten the unauthorised structure that she refuses to take down

Daily Mirror

More than 1,000 potential residents register interest in future Stirling supervillage

More than 1000 people have expressed an interest in the so-called Stirling Supervillage. Springfield Properties has confirmed that over 1000 people have joined a mailing list for its Durieshill Village development, between Plean and Pirnhall/Bannock

Daily Record

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Man loses battle for insurance to pay neighbours £530,000 as home 18 inches over boundary

Alex MacPhail was dragged to court by web entrepreneur neighbour Tom Gueterbock and his wife Helen, who claimed he had staged a 'land grab'

Daily Mirror

House of drug deals and wounding attacks in Horfield closed by court order

Police state the "rapid escalation" of drug dealing and violence was of "serious concern"

Bristol Post

Mumbai housing society office bearers debarred from society elections for five years

MUMBAI: Not submitting audit rectification reports for consecutive five years and alleged illegitimate handling of sinking fund and other financial affairs of the housing society have cost its ex-management committee members dearly.

The Times of India

Selling Sunset season 6 release date and cast reveal

We share the Selling Sunset season 6 release date and which members of the cast will be returning.

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Council threatens to flatten woman's porch and charge her for it

Homeowner has so far refused to pull down the unauthorised extension, which has been there for five years

Wales Online

Another UK interest rate rise was always nailed on but what happens next?

Bank of England aware that impact of most rates rises has yet to be felt, meaning a pause is now probable

The Guardian - UK

Bank of England raises interest rate by 0.25% to highest level since 2008

The Bank’s move - the 12th consecutive rise in the cost of borrowing since December 2021 - lifts its rate to its highest level in more than 14 years

Evening Standard

Plans to abolish leasehold system reportedly dropped by government ahead of general election

Labour has accused the housing secretary of losing control of his department

Manchester Evening News

More homes coming onto the market in Wales but number of new buyer enquiries fall

But correctly priced properties continue to sell

Birmingham Post

Listed landlord Grainger hails strong performance as rental incomes grow 12%

The Newcastle residential landlord says it is on track to deliver seven new schemes in 2023

Birmingham Post

Top landlord Grainger says it will reap the rewards of wage inflation

“There’s a strong correlation between wage inflation and net rental income,” its boss said

Evening Standard

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Edinburgh Live

Former West Lothian care home transformed into affordable housing for those at risk of homelessness

A former care home in Livingston has been transformed by Almond into two shared-living homes, alongside a facility for the Rock Trust support team, for those who are at risk or affected by homelessness

ABC News

Greens and Senate unite to kick $10 billion Housing Australia Future Fund to the long grass

The Greens and Coalition have joined forces in a move that kicks Labor's $10 billion housing policy into the long grass, leaving the government's plans at a major road block.

Wales Online

Citizens' Advice helping 9,600 people a day in 'bleakest ever start to year'

The charity said it helped 94,000 people with food bank referrals and access to emergency charitable grants – a 178% increase

Wales Online

Interest rates to rise today to highest level in 15 years

It will be the 12th consecutive increase in the cost of borrowing - including mortgages

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The Guardian - UK

London’s ‘super-prime’ property market back to pre-Brexit levels

More than 160 luxury homes worth £10m or more have been sold in past year at a combined price of £3.1bn

Dublin Live

Previous luxurious home of crime boss Liam Byrne still hasn't sold after two years on the market

Number two Raleigh Square in Crumlin, South Co Dublin, went on sale in May 2021- after the Criminal Assets Bureau (CAB) seized it from Kinahan cartel gangster Liam in 2019

The Independent UK

UK homeowners prefer ‘smaller, more energy-efficient’ homes, report claims

Buyer demand remains subdued in the face of relatively high borrowing costs, the Royal Institution of Chartered Surveyors says

The Guardian - UK

1.5m UK homeowners on variable rate mortgages face new borrowing rise

Poll of City analysts shows unanimous expectation of Bank of England raising interest rates to 4.5%

ABC News

Sydney oceanfront property sells for close to $45 million amid cost-of-living crunch

The bungalow was owned by late radio star Harry Griffiths and has been held by the family for more than six decades.

The Conversation

Why local councils are the missing link in Australia's efforts to end homelessness

Homelessness in Australia is getting worse. It’s no longer just city centres where people are forced to sleep rough, live in their cars or rely on temporary shelter. The most recent census shows outer suburbs and regional areas are feeling housing pressures like never before.

The Guardian - AU

No love lost between Greens and Labor as standoff over housing bill boils over

The Greens are in an excruciating position as they court angry renters while the government plays to middle-of-the-road voters

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