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The Latest Breaking News on Real Estate

Average Scottish seaside property prices increase by 11%

On average, a Scottish seaside property will set buyers back around £182,488

Insider UK

Zoopla finds £14,000 average price reduction on homes sold at a discount

Buyers and sellers are ‘not miles apart’ on pricing, which is helping deals to be agreed, the website said.

The Independent UK

Most expensive seaside locations where buying a home can cost you £1.2MILLION - see list

Average house prices in the coastal town of Salcombe, Devon, have hit just over £1.2 million - meaning it has replaced Sandbanks in Dorset as the priciest seaside spot

Daily Mirror

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Will Queensland's proposed rental increase laws actually limit rent increases?

Queensland landlords can now only raise the rent once a year — how does that compare with other states? And will it make the rent cheaper?

ABC News

New report reveals rent continues to rise across Queensland, with vacancy rates remaining near record lows

The current market has forced people into larger or shared households as new property data reveals rent in Brisbane increased by 12.3 per cent in the last year.

ABC News

Albany boat owner says living on vessels should be more widely available in coastal communities

People are living on boats as Australia's housing crisis continues to worsen and some say authorities should make it a more viable option in coastal communities.

ABC News

Looking to buy a home this spring? Good luck, there's not much out there

Over the last few months, Larry Chanes and his wife, Claudia, debated selling their Upland home and moving an hour away to Murrieta. The couple, with two daughters at home, wanted more space and to be closer to work and family.

Los Angeles Times

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Rural TDs call for log cabins to be part of housing crisis solution

Rural TDs are calling for red tape planning requirements to be ditched to allow more log cabin homes

Irish Mirror

Why Sydney property prices could be about to rise again

The RBA's decision to keep the cash rate at 3.6 per cent will have an immediate impact on the nation's most expensive housing market, according to one expert, who's expecting buyers, and sellers, in Sydney to spring into action.

ABC News

These 3 REITs Are on the Top of Every Investors List

With market uncertainty weighing on investor sentiment, one looking for opportunities could consider investing in top Real Estate Investment Trusts (REITs), Gaming and Leisure Properties (GLPI), Ladder Capital (LADR), and Whitestone REIT (WSR), which pay stable dividends. Read more….

StockNews.com

Reserve Bank interest rate pause welcomed by mortgage borrowers as Lifeline prepares to meet with governor Philip Lowe

After 10 consecutive rises, the Reserve Bank has pumped the brakes on interest rates — much to the relief of mortgage borrowers and Lifeline, which has seen more first-time home owners suffering financial distress.

ABC News

Rental squeeze getting worse as vacancy rates tighten

New data shows fewer rental homes are available for tenants with prices rising nationally in the first three months of the year.

AAP

Bank of England interest rate-setter warns inflation may get too low

Silvana Tenreyro has been one of the Monetary Policy Committee’s most consistently dovish members

Evening Standard

National Children's Hospital facing 'chronic shortage' of nurses and staff due to housing crisis

The issue is being seen across all sectors and could lead to further delays to the hospital opening

Dublin Live

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The Guardian - UK

Deaths, black mould, failing staff: social housing doesn’t have to be this way

When I joined the board of an English housing association I saw the pressures facing landlords under this government, says writer and broadcaster Anne Perkins

Manchester Evening News

The cheapest areas to rent in UK in 2023 - with two places a short commute from Greater Manchester

Property site Zoopla has compiled a list of 10 areas with the lowest rent costs

Birmingham Post

Northumberland family firm Cussins to build on success after £14m funding deal

The Alnwick developer is using the funds to to grow faster and increase the number of North East properties it builds per year

The Guardian - US

Canadian PM’s residence shut down over dead mice in walls, documents say

Officials decided to shut down decrepit building last year amid concerns that the air in the mansion was no longer safe to breathe

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Dublin Live

'Tsunami of misery' coming after eviction ban lifted, Fr Peter McVerry warns

More than 7,000 households are facing homelessness with eviction dates set in the coming weeks and months

Edinburgh Live

Plans for new Edinburgh homes and offices near railway opposed by locals

A submission has been made to Edinburgh Council, proposing eight flats as well as an office unit and landscaping at Meadowbank - with objections from locals already made.

The Guardian - AU

The RBA has paused its record run of interest rate hikes. Relief may only be temporary

Rising rents and energy prices, as well as stagnant wages, lead many economists to predict the rate is yet to peak

The Guardian - AU

Australian tenants spending $2,700 extra on rent on average over past year amid record low supply

Rents increase by 2.5% nationally in the latest quarter, according to CoreLogic, with Sydney the most expensive capital city

Edinburgh Live

West Lothian housebuilder urged to build bungalows to protect neighbours privacy

Objectors say new two storey homes would give them no privacy, while there is a shortage of housing suitable for wheelchair users

Wales Online

Neighbours in private road fume over mansion 'blocking out sunlight'

Plans for the property include a basement, library, drawing room and a conservatory

The New Daily

‘Pause doesn’t mean peak’: The RBA has stopped hiking rates – but will the mortgage reprieve last?

Millions of Australian homeowners were spared another increase in their mortgage bills on Tuesday when the RBA paused interest rates.

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