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The Latest Breaking News on Real Estate

Who Is Cardinal Angelo Becciu? Why Did Pope Francis Ban Him From Attending Vatican Conclave?

Becciu who once a leading papal conteder is the first cardinal in modern history to be tried and convicted by the Vatican's criminal court.

International Business Times UK

More than 200,000 children in short-term housing in England by 2029, analysis shows

Exclusive: Cost to taxpayer expected to jump to £3.9bn with number of children in temporary accommodation to rise 26%, says Shelter

The Guardian - UK

When kids are evicted, they often lose both home and school

Schoolchildren threatened with eviction are more likely to end up in another district or transfer to another school

The Independent UK

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Hong Kong's business, political elite turn out for funeral of property Lee Shau-kee

Hong Kong political and business leaders paid tribute to the city’s late billionaire property tycoon Lee Shau-kee, who led one of the biggest real estate empires in the former British territory

The Independent UK

Housebuilding in London slumps to its lowest level since 2009

Work was started on just 1,210 new private flats and houses in the first quarter of the year, according to latest figures from Molior.

Evening Standard

Baby Boomers hold more than half of the UK’s housing wealth

Savills also estimates the demographic still has around £60bn in outstanding mortgage borrowing

The Independent UK

Private landlords and hotels ‘cashing in’ on England’s hidden homelessness crisis

Exclusive: Half of local authorities charged double by private providers for temporary housing, investigation finds

The Guardian - UK

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Healthy inflation data should help ease mortgage pain

Quarterly numbers are expected to show inflation has drifted into the Reserve Bank's target range to set up a further interest rate cut.

AAP

Dating apps face a reckoning as users log off: ‘There’s no actual human connection’

In Australia, dating apps have been hit with lawsuits and new regulation, while their profits are declining worldwide

The Guardian - AU

Nearly 40 years after a Miami realtor was shot in her office, police say they have arrested a suspect

Old fingerprint evidence was the key to cracking the case, police said

The Independent UK

As Trump looms over Canadian elections, affordability a key factor

As Canada goes to polls on Monday, Trump threats are key as are cost of living issues.

Al Jazeera

My Great Retirement Dream: Sell My House, Downsize, Live off the Proceeds and Dabble in Stocks. Here's How I’m Doing So Far.

I asked an expert financial planner if my retirement dreams are realistic — or if my head is in the clouds. Here is how it's been going so far.

Kiplinger

Buying your first home in 2025? Here’s everything you need to know

You should be aware of extra costs beyond the deposit - and of what’s happening with interest rates

The Independent UK

US Envoy Meets Putin In Russia For Ukraine Ceasefire Talks

US envoy Steve Witkoff met Vladimir Putin in the Kremlin on Friday to tout Washington's plan to settle the Ukraine conflict, a day after Donald Trump issued a direct appeal to the Russian president to halt his offensive.

International Business Times

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The Guardian - UK

Property guardians: caretaker solutions to sky-high city rents

London professionals are taking advantage of reduced rents in vacant buildings in often unusual spaces

The Guardian - UK

Supported housing in England on brink of financial crisis, charities warn

Exclusive: More than 150 organisations warn funding cuts could force closures, putting thousands of vulnerable people at risk

Al Jazeera

Trump says petrol and grocery prices are down. Facts say otherwise

The US president incorrectly said that prices of petrol and eggs had dropped while home sales were good.

The Independent UK

A Detroit nonprofit's former finance chief gets 19 years for $40 million theft

A former executive at a major Detroit nonprofit has been sentenced to 19 years in prison in the the theft of more than $40 million meant to help beautify the city’s riverfront

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The Independent UK

If the EU coalition is truly willing, Ukraine has a chance of defying the odds

THE INDEPENDENT VIEW: Editorial: Sir Keir Starmer and Emmanuel Macron, ad hoc leaders of this ad hoc alliance, must inspire their allies as Volodymyr Zelensky has. Ukraine’s success – and survival – depends on it

International Business Times

Greenline Housing Foundation: 5 Years Of Closing The Racial Homeownership And Wealth Gaps By Learning From History

To alleviate the ongoing effects of generational housing discrimination, Greenline Housing Foundation was founded in 2020, offering effective and timely solutions informed by lessons from the past.

The Independent UK

NY attorney general’s lawyer urges Justice Dept. to reject Trump official’s call for criminal probe

A lawyer for New York Attorney General Letitia James on Thursday urged the Justice Department to refuse a Trump administration official’s request to prosecute the Democrat for mortgage fraud, calling it “improper political retribution” based on “long-disproven allegations.”

International Business Times

US Existing Home Sales See Biggest Drop Since 2022

Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according to industry data released Thursday, as high mortgage rates weighed on affordability for homebuyers.

Evening Standard

Nationwide slashes mortgage rates for switchers to 3.94%

Major lenders are competing with eye-catching sub 4% offers

Kiplinger

What It Really Takes to Buy a Home in 2025: Affordability, Income and Market Challenges

Home prices are up, mortgage rates are high and buyers are getting older. Here's what it really takes to afford a house in today's market.

Evening Standard

Councillors block plans for new homes on site of disused garages in north London

Labour committee chair says plans would cause area to become ‘overcrowded’ despite local need for housing

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