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The Latest Breaking News on Real Estate

Westminster Council reveals plans for empty homes hotline

Move is to combat surge in long-term empty residential properties in central London borough

Evening Standard

Edinburgh house hunter creates game for players to guess 'crazy' property prices

Fraser Hamilton was searching for his first home in the capital last year with his partner but was taken aback by the high prices that certain properties could fetch on the market.

Edinburgh Live

Social welfare: The schemes that could help with rent as eviction ban end date looms

The official end will come on a phased basis and will be complete in June

Irish Mirror

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House prices: average London property prices fall £3,500 as rate of growth slows across all UK regions

Across the UK, house prices are down £8,500 from the peak of August 2022

Evening Standard

Editorial: ‘Oops, I did it again’ is new motto for federal housing policy

“Oops! … I did it again” is a Britney Spears song, but it could also double as the federal government’s motto for housing policy.

Tribune News Service

Work begins on pioneering Langholm housing development

The first phase will see 35 "extra care" bungalows built - the first of their kind in Dumfries and Galloway

Daily Record

UK house prices rise as mortgage rate cuts lift confidence

Average monthly increase of 1.1% to £285,476 in February, after falls in previous two months, says Halifax

The Guardian - UK

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Sunderland housing development named after heroic WWII fighter pilot begins to take shape

The new housing development in Ryhope, Barton Meadows, comprises of 60 homes being built on land north of Burdon Lane

Chronicle Live

Mapped: Annual house price growth by area as values fall overall

Average UK house price in February was £285,476

The Independent UK

Markets rocked as Jerome Powell warns Fed could switch back to bigger interest rate rises –as it happened

Federal Reserve chair says US central bank would be prepared to increase the pace of rate hikes if data justified it

The Guardian - UK

Average UK house price down by £8,500 from August 2022 peak, says Halifax

House prices increased by 1.1% month on month in February, accelerating from 0.2% growth in January, the bank said.

The Independent UK

FTSE 100 Live: Pound hits lowest rate of 2023 against the dollar, London house prices dip

Sterling is at its weakest level since November after the head of the Federal Reserve signalled more big hikes in US interest rates may be needed to combat inflation.

Evening Standard

Social tenants urged to speak out against 'rogue landlords' in wake of Awaab Ishak case

Residents urged to complain about damp, mould and disrepair

Manchester Evening News

London’s rental crisis sees number of homeless families living in hotels reach new record high

The number of households lodging in hotels has risen 1,740 per cent over the past two years, confirmed Westminster Council

Evening Standard

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ABC News

Accessible homes bridge gap providing options for people living with disability

The families of people living with disability can be met with challenges around providing their loved ones with the care they need as they get older. Accessible homes are bridging a much needed gap.

Manchester Evening News

Angry residents say they keep finding rough sleepers in their Northern Quarter apartment block - due to its 'reputation'

Managers of the Oldham Street flats are 'aware' of the issue, they said

Glasgow Live

Hamilton air hostess retrains as construction worker after losing job

Former air hostess Lynsey Kirk has embarked on a whole new career path since losing her job during the pandemic. The 22-year-old has forged a career in an industry she had never considered before.

Nottingham Post

Villagers don't think Keyworth will ‘cope’ with more houses

Plans have been proposed for 75 new homes

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The Guardian - AU

Afternoon Update: critics warn RBA risks ‘overshooting’ on rate hikes; Sally Rugg’s court loss; and Sphinx-like statue found in Egypt

Australians with a mortgage have been hit with a record 10 consecutive interest rate rises as the Reserve Bank lifted the cash rate to 3.6%

ABC News

Higher interest rates aren't just affecting home owners — fewer cheap rentals are available

Experts have described the latest figures from the PropTrack Market Insight Report as "really worrying". Here's a breakdown of the data and how you may be affected, depending on where you live.

The Independent UK

Australia hikes key interest rate to 3.6% to fight inflation

Australia’s central bank has increased its benchmark interest rate by another quarter-point to 3.6% as it continues trying to tame inflation

AAP

Jury issues guilty verdicts over Plutus Payroll fraud

A jury has found three out of five co-accused guilty for their role in the Plutus Payroll tax scheme which fraudulently netted more than $105 million.

AAP

RBA fires off another rate hike to tackle inflation

The Reserve Bank of Australia has lifted interest rates for the 10th month in a row in its unwavering fight against high inflation.

The Guardian - AU

RBA interest rates: Reserve Bank increases official cash rate to 3.6% in record 10th consecutive rise

Interest rates at highest level since mid-2012 as central bank continues to try to drive down inflation

ABC News

Reserve Bank of Australia raises interest rates to 11-year high, opens the door to a pause

The Reserve Bank of Australia (RBA) raises interest rates for the 10th consecutive meeting, taking the cash rate target to 3.6 per cent.

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