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The Latest Breaking News on Real Estate

WA pledges $500 million to ease housing shortage

The West Australian government will allocate $511 million to social housing and loan programs in a bid to combat homelessness.

The New Daily

Social housing and homeless given $511 million boost in WA budget to allow for 700 new homes

The WA government is committing another $511 million to social housing and homelessness initiatives under the state budget in a fresh bid to offer enough properties for those most in need.

ABC News

Calls to tackle ‘biggest housing crisis in memory’

More than 40 organisations have signed a letter to the treasurer demanding more investment in social and affordable housing in the upcoming budget.

The New Daily

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Scrapping housebuilding targets could cost tenants £200 a year by 2030 – Labour

Shadow housing secretary Lisa Nandy says dumping 300,000-homes-a-year pledge will leave behind a generation of renters in England

The Guardian - UK

Scrapping housing targets will cost renters £200 a year, says Labour

The party said Rishi Sunak’s approach to planning will lead to the lowest rate of housebuilding since the Second World War.

The Independent UK

More modular homes trucked into outback where housing shortage solutions in high demand

As building a new home becomes more challenging and expensive in regional Queensland, many people are opting to have ready-built houses trucked in from thousands of kilometres away.

ABC News

House prices rise for the second month in a row as rents keep rising due to low vacancy rates

CoreLogic data shows Australian property prices have risen for the second consecutive month, suggesting a downturn in the housing market is coming to an end as interest rates stabilise.

ABC News

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Tasmania regains top spot as best-performing economy, CommSec's State of the States report says

After one quarter in the sun, Queensland has been knocked off the top of CommSec's State of the States economic rankings, and overtaken by the island state, which now leads on three key indicators.

ABC News

‘Line ball’: Experts split as RBA mulls pivotal interest rates call amid rising mortgage stress

Experts are split on whether the Reserve Bank will return to hiking interest rates at its May meeting this week.

The New Daily

The homeless single mothers forced to move 300 miles from their families

Exclusive: Cramped conditions are so bad that families are using beds to eat dinner on and children are doing homework in the toilet, Shelter has warned

The Independent UK

'We sacrificed our twenties and worked seven days a week to build our dream home from scratch'

Katie, 31, and her husband Michael took on a Grand Designs-style project to construct their own five-bed house in Lancashire

Manchester Evening News

Housing stocks to be boosted by land release in Adelaide's northern and southern suburbs

Plans to build another 1,900 homes in Adelaide's north and south have been unveiled by the South Australian government, which says the land release will help the state prepare for the AUKUS project.

ABC News

Home Guarantee Scheme eligibility expands to include joint friends, family applications

Friends, siblings and family members will be able to jointly apply for federal government home buyer guarantees under several eligibility changes to come into effect from July 1 this year.

ABC News

Housing crisis pushing more Tasmanians into unusual accommodation

From caravans to sheds and even yurts, a wide variety of dwellings are being touted as viable home options on online sale platforms.

ABC News

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Daily Mirror

Labour vows landlord register to protect Generation Rent from rogue property owners

Keir Starmer told the Sunday Mirror he was committed to creating a national landlords database, to allow local authorities to more easily take action against unscrupulous property owners.

ABC News

These borrowers are facing a big jump in their mortgage repayments — but they feel they dodged a bullet

As hundreds of thousands of Australian households brace for a steep hike in their mortgage repayments, there are calls for lenders to better explain to prospective borrowers the risks of interest rate rises or other changes to their circumstances.

The Guardian - AU

‘Zombie’ housing approvals, some buried for up to 40 years, are rising from the dead in NSW

Locals are fighting against building plans which need only adhere to decades-old environmental and planning standards

The New Daily

Greens to introduce legislation to block Reserve Bank rate rises

n a move that runs counter to history and convention, the Greens will seek changes that would see interest rates capped and rents frozen.

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Wales Online

Abandoned farmhouse in a remote part of Wales is to be rebuilt into a four-bed home

The derelict farmhouse hasn't had a roof for more than 20 years

ABC News

Greens announce plans to introduce bill to federal parliament to freeze rents and interest rates before budget announcement

Their proposal would see the federal government work with states and territories to freeze rent increases nationwide.

Daily Mirror

House up for sale for just £10k - but potential buyers enter at their 'own risk'

A two-bedroom house in Wednesbury, West Midlands, is attracting viewers with its low price-tag but auctioneers warn that 'extreme care' must be taken when entering the property due to its dilapidated state.

Irish Mirror

Woman living with seagulls in attic as Dublin tenants demand action over decade-long issues

The residents of O’Brien Hall on Gardiner Street in the north inner city told the Irish Mirror they all have mould, damp, silverfish, malfunctioning windows and brown water coming out of taps and showers.

Manchester Evening News

The town with gorgeous views where people priced out of Manchester are moving to

The Lancashire mill town boasts cheap house prices, affordable rent costs and gorgeous countryside views

Daily Mirror

Powerball lottery winner Edwin Castro who scooped huge $2 BILLION jackpot beams at bank

Edwin Castro won a huge record-breaking $2 billion on the Powerball - using his money to buy a vintage $250,000 Porsche as well as two multimillion dollar properties in California

ABC News

South Australian councils prepare to increase rates despite household cost-of-living pressures

Tens of thousands of Adelaide households are bracing for another cost-of-living hit, with some councils looking at significant hikes to rates from July.

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