Housing Industry News
A collection of Housing latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Australian housing market stalls in May
Australia's housing market has continued to lose momentum, with national home values flatlining in May as higher interest rates, weak confidence and proposed property tax changes weigh on demand. According to new Cotality data, Sydney and Melbourne…
Sydney now leads Melbourne in race to bottom of housing market
Sydney's housing values fell faster than those in Melbourne last month, as declines in the NSW capital sped up to 0.9 per cent on the back of higher borrowing costs and weaker consumer confidence and investor activity following last month's federal…
High Oil Prices, Sticky Inflation, and a Frozen Housing Market -- How Did Companies Still Beat Estimates?
The current economic environment still looks somewhat disconnected from reality. Oil prices remain elevated, inflation has stayed stubbornly above the Federal Reserve's target, and mortgage rates near 7% continue to weigh on the housing market.
UK house prices fall for first time this year as Middle East crisis hits confidence - business live
Here's some snap reaction to the news that UK house prices dropped last month for the first time this year: Tom Bill, head of UK residential research at Knight Frank: “This is further evidence that the housing market slowed down at precisely…
London housing shortage: New rules designed to boost building
Kumail Jaffer Local Democracy Reporting Service The next London Plan, the capital's planning and development document, will be 'streamlined' to help new housing schemes flourish, City Hall has said. The new strategy – due to be published…
London housing crisis: New streamlined plans to 'boost homebuilding
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The next London Plan will be…
Child killed in house fire in south-west Melbourne home
Crews extinguished blaze before finding a child who died in Werribee home, Victoria police said A child has died and a man has been left seriously injured after an early morning house fire in Melbourne's south-west. Emergency services were called…
My latest masterpiece - a house for toy farm animals! What my son learned from a day making art at home
There's a book about Miffy – the little white rabbit created by Dutch author Dick Bruna – going to a gallery that I can recite by heart. A fellow art critic friend posted it to my son soon after he was born; back then its pages were…
Berkshire Hathaway makes $6.8 billion housing bet with Taylor Morrison deal
The Omaha, Nebraska-based company will pay $72.50 a share in cash for Taylor Morrison. The acquisition marks one of the first major strategic deals under Warren Buffett's successor Greg Abel, who took over as CEO in the beginning of 2026. 'They are…
UK House Prices Fall as Mortgage Costs Bite, Nationwide Says
UK house prices fell for the first time in five months, according to one of Britain's biggest mortgage lenders, suggesting the surge in borrowing costs triggered by the Iran war is placing a strain on prospective homebuyers. Nationwide Building…
Supplier of housing for homeless linked to faith group tax avoidance scheme
A property investor who sells temporary accommodation to local councils is part of a family accused of avoiding tax by hosting bogus prayer sessions, a Guardian investigation can reveal. Publicly available records raise questions about the business…
Mamdani's housing plan is inspired by YIMBY darlings, like Austin and Minneapolis
Mayor Zohran Mamdani announced his new housing plan on May 26, with an agenda to build 200,000 new affordable homes, convert existing hotels and office buildings into low-cost apartments, and support the city's tenants against 'bad landlords.' He…
Australian architects build affordable housing in Trump's America
A pair of Australian architects based in California have taken out the Australian Institute of Architects' top award for a 187-unit public housing development that transformed a desolate corner outside a train station in a poor corner of Los…
Berkshire Hathaway to buy Taylor Morrison for $8.5 billion in housing push
Berkshire Hathaway has agreed to acquire Taylor Morrison Home in an all-cash deal valued at about $8.5 billion, the companies said in a joint statement on Sunday, marking an expansion of the conglomerate's housing business. Under the terms…
White House intervened to get a $620 million deal for a company tied to Donald Trump Jr.
When the Pentagon announced a $620 million loan last year to a small North Carolina startup linked to Donald Trump Jr., defense officials and the company tried to tamp down suspicions of cronyism. The president's eldest son said through a…
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