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The Latest Breaking News on Real Estate

Paris Court to Debate French Seizures of Salameh Assets

AThe Paris Court of Appeal will debate on Tuesday the validity of a large number of seizures made on the real estate and banking assets in Europe of the governor of Lebanon's central bank, Riad Salameh, who is suspected of having acquired them through massive misappropriation of Lebanese public funds.…

Asharq Al-Awsat

Bleak outlook for housing supply crunch

Housing demand is expected to keep outstripping supply as migration levels pick up and high interest rates weigh on new construction.

AAP

Mutual aid clubs are still going strong in LA Chinatown. But their future is uncertain

LOS ANGELES — In a building with a green-tiled roof on Hill Street, most of the old men and women shuffling mah-jongg tiles and sipping jasmine tea shared a surname — Lee.

Los Angeles Times

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Migration, high rents put brakes on sliding home prices

Home prices have ticked up after tracking lower for 10 straight months, with high rents and migration both helping to arrest the slide.

The New Daily

Red Wall Tory blasts housebuilding fail as he demands 90,000 social homes a year

West Bromwich West MP Shaun Bailey attacked successive governments' records on meeting housebuilding pledges in an essay for the centre-right think tank, Bright Blue

Daily Mirror

Australian rental crisis will get worse as construction fails to keep pace with demand, report says

The national housing report, released on Monday, says rising interest rates have reduced supply of new homes

The Guardian - AU

House prices rise for the first time in 11 months in March, while chronic rental shortage continues

Property prices are climbing nationally for the first time since interest rates started rising, according to CoreLogic, but rents are still surging in major capital cities as a federal report finds 46,500 households are experiencing homelessness.

ABC News

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High Yields From High-Rate Lenders

Investors seeking out high yields can find them in high-rate lenders, non-bank lenders and a few financial REITs.

Kiplinger

Couple find eerie hidden room with iron bed in it behind walls of new home

A couple rennovating their new house came across a scene straight out of a horror movie after knocking through the walls of their bathroom, finding a secret room filled with cobwebs and a single iron bed

Daily Mirror

Property tycoon Nick Candy locked in legal fight with former business partner

Robert Bonnier has counter-sued against Candy’s claims of fraudulent misrepresentation and global freezing orders

The Guardian - UK

Plans to build flats next to railway line in Barry approved despite quality of life concerns

Councillors also pointed out that there is a need to meet the growing demand for housing in Barry

Wales Online

Inside the mansions across Greater Manchester slashed in price

Some properties have seen their asking prices plummet by as much as £500,000

Manchester Evening News

Trump's ex-fixer Michael Cohen poised to be key witness in criminal case

A former lawyer for Donald Trump who once said he would do anything to protect the former U.S. president is now poised to serve as a key witness in the criminal trial of his longtime boss.

Reuters

Council tenants in England wait more than a year for repairs to damp, mouldy homes

Observer investigation finds many local authorities have extensive backlogs to fix hazards such as falling ceilings and leaking roofs

The Guardian - UK

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The New Daily

Will the RBA boost the pain factor? Analysts split on chances of a further rate hike

Mortgage holders will be holding their breath this week as the Reserve Bank mulls whether inflict a further rate rise on home owners in its April cash

AAP

Hope builds for possible end to interest rate hikes

The Reserve Bank will be hogging the limelight this week with a nail-biter cash rate call and a public appearance from the governor Philip Lowe.

The New Daily

Labor hasn’t given up hope of getting its $10b housing fund through the Senate

Labor's flagship multi-billion dollar housing fund could be revived later this year after a federal government minister vowed to push on with

Tribune News Service

After loss in ‘crazy’ auction, bidder for NYC icon wants a redo

NEW YORK — Jeffrey Gural spent years battling over the future of Manhattan’s Flatiron Building, only for his bid of almost $190 million at an auction to be topped by a relatively unknown figure.

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AAP

Labor's stymied $10b housing fund could be revived soon

Federal Labor minister Ed Husic says a housing fund hasn't been abandoned after the government failed to secure the votes needed to get it passed in the Senate.

Daily Mirror

Public order crime soars in Rishi Sunak's region over 5 years - as PM touts crackdown

Statistics also show troubling crime rates in the constituencies represented by Justice Secretary Dominic Raab and Home Secretary Suella Braverman

Dublin Live

Cost of living Ireland: Protestors take to the streets as eviction ban ends

The Cost of Living Coalition organised a demonstration at 1pm today demanding that the eviction ban be reinstated with immediate effect, while warning people not to be made a joke of by the government on April Fool's Day

Reuters

Thousands protest in Portugal over housing crisis

Thousands of people took to the streets of Lisbon and other cities across Portugal on Saturday in protest against soaring rents and house prices at a time when high inflation is making it even tougher for people to make ends meet.

Daily Mirror

Ministers warned not to create loopholes for rogue landlords in new renter rules

Campaigners fear the new, rapid timescales for evicting ‘nuisance’ tenants will be used as a ‘backdoor’ by rogue landlords

Wales Online

Plan for new 25-storey tower block in Cardiff city centre

Topland have begun a pre-planning consultation on its proposed scheme for its existing Friary House building

Dublin Live

Latest homeless figures 'serve as a wake-up call to the zombie government'

Stark figures revealed over 8,000 people are without a home in Dublin with an increase of 1,881 over the last 12 months

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